Check out the companies making headlines in midday trading: Delta Air Lines — The stock fell almost 5% after the airline issued a sales growth forecast for the third quarter that came in below expectations. The company also reported an almost 30% decrease in net income for the second quarter compared to a year ago. Shares of major airline stocks American Airlines and United Airlines also fell around 4.7% and 3.7%, respectively, following the results.
6% after Conagra reported fiscal fourth-quarter revenue of $2.91 billion, which was under the $2.93 billion analysts had predicted, according to FactSet. The company also posted soft guidance and called for annual organic net sales to come in 1.5% lower to flat as compared to last year. Conagra also forecast adjusted earnings for the full year that missed Street expectations.
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