More Desired Stocks: Delta Air Lines, Inc. (NYSE:DAL), Fifth Street Finance Corp. (NASDAQ:FSC), Agree Realty Corp. (NYSE:ADC)

April 26, 2023 12:37 am19 commentsViews: 81

U.S. carrier Delta Air Lines, Inc. (NYSE:DAL) will enlarge its association with Brazil’s Gol Linhas Aereas Intelligentes SA under a $446 million stock and loan agreement, Gol said on Friday in a statement. Under the accord, Gol’s controlling shareholder, Brazilian investment fund FIP Volluto, will buy up to $90 million and Delta up to $56 million of new Gol preferred stock. Delta will also guarantee third-party loans to Gol of up to $300 million, the statement said. On the other consideration, Delta Air Lines, Inc. (NYSE:DAL) begun last trade with a price of $41.45 and throughout the trading session climbed at $42.72. The day-trade ended with an advance of 4.71% to close at $42.46. The stock is going forward its fifty-two week low with 41.85% and lagging behind from its 52 week high price with -16.50%. DAL last month stock price volatility remained 2.55%.

Fifth Street Finance Corp. (NASDAQ:FSC) along with Fifth Street Senior Floating Rate Corp. (FSFR) reported on Friday that they have promoted Steven Noreika to Chief Financial Officer, replacing Richard Petrocelli, who will be leaving Fifth Street to pursue other opportunities effective July 10. Alexander Frank remains Chief Financial Officer of Fifth Street Asset Management Inc. (FSAM), the parent company of Fifth Street Finance and Fifth Street Senior Floating Rate’s investment adviser. Prior to his promotion, Noreika has been serving as the Chief Accounting Officer of Fifth Street Asset Management. He joined Fifth Street in September 2008 and during his tenure, he has held various finance and accounting positions, including Chief Financial Officer of Fifth Street Senior Floating Rate from November 2013 to July 2014. Shares of Fifth Street Finance Corp. (NASDAQ:FSC) opened at $6.55 with 153.33 million outstanding shares and hit to its highest price of $6.60 during the day and finally closed at $6.54 by scoring 0.77%. In the whole session, it traded on volume of 1.1 Million shares, which turned higher than its average volume.

Agree Realty Corp. (NYSE:ADC) revealed on Friday that its CFO and Secretary Brian Dickman has resigned to follow another business prospect. The resignation will take effect after a transition period which is expected to end on or around August 4. Kenneth Howe, former CFO of the company, has been appointed to serve as interim CFO upon Dickman’s departure, the company said. Michael Donahue, the company’s corporate controller, will continue to lead the day-to-day operations of its accounting department. The company said it has commenced a search for Dickman’s permanent replacement. Agree Realty Corp. (NYSE:ADC) stock hit highest price at $30.83, beginning with a price of $30.11 to close at 30.51 by an increase of 1.19% with a day range of $30.02-$30.83.


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