Dizel8
Douglas metal
- Joined
- Feb 27, 2003
- Posts
- 2,817
RESEARCH ALERT-UBS cuts Delta, Northwest
Thu Apr 14, 2005 12:00 PM ET
NEW YORK, April 14 (Reuters) - UBS on Thursday cut its ratings on shares of Delta Air Lines Inc. and Northwest Airlines Corp., saying they were among major airlines which face a liquidity crunch later this year.
UBS cut Delta to "neutral" from "buy", citing potential demand for collateral as processing contracts with Visa and MasterCard expire, which could "accelerate Delta's slide toward Chapter 11."
Maybe Song To Rio would help?
Thu Apr 14, 2005 12:00 PM ET
NEW YORK, April 14 (Reuters) - UBS on Thursday cut its ratings on shares of Delta Air Lines Inc. and Northwest Airlines Corp., saying they were among major airlines which face a liquidity crunch later this year.
UBS cut Delta to "neutral" from "buy", citing potential demand for collateral as processing contracts with Visa and MasterCard expire, which could "accelerate Delta's slide toward Chapter 11."
Maybe Song To Rio would help?