Earnings

Delta Air Profit Falls 36.5%

Delta Air Lines on Thursday reported a 36.5 percent decline in fourth-quarter profit and forecast passenger unit revenue, a closely watched metric, to be flat to up 2 percent in early 2017.

FedEx Shares Fall on Profit Miss

Package delivery company FedEx on Tuesday reported a higher quarterly net profit, boosted by revenue growth across all business units but results lagged Wall Street expectations.