Stocks in the News: Delta Air Lines, Inc. (NYSE:DAL), Darden Restaurants, Inc. (NYSE:DRI), News Corp (NASDAQ:NWSA)

On Monday, Shares of Delta Air Lines, Inc. (NYSE:DAL), added 1.58% and closed at $39.98 in the last trading session. The last trading range of the stock ranges between $39.21 and $40.04. Southwest Airlines Co.’s tentative labor agreement with its pilots, reached after more than four years of negotiations, may be in danger now that Delta Air Lines has a pending deal that would pay its aviators more. The Southwest Airlines Pilots Association is seeking to reopen some sections of an accord reached Aug. 29 and has requested a meeting with Chief Executive Officer Gary Kelly, union President Jon Weaks said in an interview Monday. “It is better for all parties to negotiate this now and have a clean tentative agreement process and a conclusion,” Weaks told pilots in an e-mail Monday. Pilots at major U.S. airlines typically seek industry-leading pay in contract talks, and Southwest’s union said it had succeeded in that aim before the Delta agreement on Friday.source bloomberg

Darden Restaurants, Inc. (NYSE:DRI), jumped 0.07% and closed at $61.36 in the last trading session. The last trading range of the stock ranges between $60.16 and $61.47. The company’s Market capitalization is $7.70 Billion with the total Outstanding Shares of 126.20 million. Olive Garden’s most popular promotion – Never Ending Pasta Bowl – returns recently with the first-time addition of the restaurant’s best-selling entrée, Chicken Alfredo. From now until November 20, the promotion will offer pasta lovers unlimited servings of their favorite pasta combinations, homemade soup or salad and freshly baked breadsticks, starting at just $9.99.

“For more than 20 years, Never Ending Pasta Bowl has become an iconic promotion among families since each guest can create their favorite custom pasta dishes for a great value,” said Jose Duenas, executive vice president of marketing for Olive Garden. “This year, by popular request, we’ve added Chicken Alfredo—giving our fans unlimited refills of their all-time favorite entrée.”

Never Ending Pasta Bowl includes options to please the entire family with more than 200 possible combinations of specialty pastas, homemade sauces and craveable toppings:

  • Pastas: Spaghetti, Rigatoni, Angel Hair, Pappardelle, Fettucine, Cavatappi and Gluten-Free Rotini
  • Sauces: Alfredo, Traditional Meat Sauce, Asiago Garlic Alfredo, Marinara and Five Cheese Marinara
  • Toppings: Meatballs, Italian Sausage, Crispy Chicken Fritta, Crispy Shrimp Fritta or Grilled Chicken can be added to any combination starting at $2.99.

News Corp (NASDAQ:NWSA), gained 3.22% and closed at $14.43 in the last trading session. The last trading range of the stock ranges between $13.85 and $14.51. During the 52-week trading session the minimum price at which share price traded, registered at $10.21 and reached to max level of $15.68. News Corp declared recently that John Elkann will step down from the Board of Directors of the company, effective right away.

Mr. Elkann, Chairman and Chief Executive Officer of EXOR S.p.A., has been a member of the Board since the launch of the “new” News Corp as an independent, publicly traded company following the separation of its businesses from 21st Century Fox in June 2013.

“With his vision and good judgment, John Elkann has been a noteworthypart of our company’s progress. I am grateful for his friendship, and for all he’s done for us at News Corp,” said Executive Chairman Rupert Murdoch.

“On behalf of everyone at News Corp, I salute John for his steadfast support over the past three years of our development,” said Chief Executive Robert Thomson. “We are a stronger company recently, with greater digital prowess and a diverse, global presence, thanks in no small measure to John Elkann’s astute insights.”

Mr. Elkann is leaving the Board in light of the raised demands of his role as Chairman and CEO of EXOR S.p.A. and at EXOR’s leading investments counting FCA Group and the newly attained Partner Re.

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