Delta Air Lines Inc (NYSE:DAL) has significantly reduced its profit and revenue forecast for the first quarter due to weakening travel demand, sending its shares more than 7% lower on Tuesday.
The airline now expects earnings per share in the range of $0.30 to $0.50, down from its earlier forecast of $0.70 to $1.
Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) announced that it has finalized an agreement to acquire Minera CRC SAC, the owner of the past-producing Mallay Silver Mine and the Tres Cerros exploration property in Peru.
This deal, reached with Adar Mining Corp and Premier Silver Corp, ensures Excellon will take full ownership of Minera CRC through a court-supervised process designed to resolve prior disputes.
Asana shares fell more than 27% to about $12 after the work management platform announced the retirement of its CEO and issued disappointing revenue guidance.
CEO Dustin Moskovitz, who co-founded Asana 17 years ago, will transition to the role of chair once a successor has been appointed.
Kohl's Corporation (NYSE:KSS) shares plunged almost 19% after the retailer’s 2025 outlook fell short of Wall Street expectations.
For 2025, the company expects its net sales to decrease between 5% and 7%, worse than expectations of a 2% decline, and comparable sales to decrease between 4% and 6%, compared to expectations of a 1.8% drop.