Early Market News: Delta Air Lines (NYSE:DAL), American Express Co. (NYSE:AXP), Kraft Foods Inc. (NYSE:KFT)

Here is another batch of stock briefings which may affect stock trading as the markets continue today. The following listed companies should see some movement: Delta Air Lines (NYSE:DAL), American Express Co. (NYSE:AXP), Kraft Foods Inc. (NYSE:KFT). Here is a more detailed look at the news that will affect each company when trading continues. Delta Air Lines (NYSE:DAL) Delta Air Lines (NYSE:DAL) has become an official sponsors of Los Angeles Lakers. The company has announced that a multi year sponsorship agreement has been signed, making them official sponsors of the reigning NBA champions. Beginning with the start of the 2011-12 season, Delta Air Lines (NYSE:DAL) will become the team’s official and exclusive airline partner. Tim Mapes, Delta Air Line's (NYSE:DAL) Senior Vice President Marketing said, “We continue to proudly serve the team as their exclusive charter airline, and we’re honored to now join them as an official sponsor. The Los Angeles Lakers are an exceptional addition to our strong roster of marquee sports sponsorships, and this affiliation expands our sports investments from coast-to-coast.” American Express Co. (NYSE:AXP) Boeing (NYSE:BA) has planned to resume 787 certification operations. Boeing (NYSE:BA) has decided to restart 787 certification operations, in which first of the three major production milestones is slated for January 17. Currently based in Yuma, Arizona, 787 test aircraft ZA004 will re-launch Federal Aviation Administration certification operations for the type with a validation of the fuel jettison system. While it is first slated for a shakedown of all its systems, ZA102 will join the test fleet for the extended twin engine operations (ETOPS) certification before it is delivered to ANA. Boeing (NYSE:BA) has yet to announce a revised schedule for first delivery to ANA. Kraft Foods Inc. (NYSE:KFT) Kraft Foods (NYSE:KFT) has said it faces "irreparable harm" in a Starbucks suit over distribution. In a filing, Kraft Foods (NYSE:KFT) has claimed that it will face severe harm if Starbucks Corp. is allowed to terminate an agreement that allows it to distribute Starbucks products to grocery stores. It has also asked the court to reject Starbucks' arguments that it won't suffer any harm if the agreement is ended by March 1. Kraft Foods (NYSE:KFT) said, "The contrast reveals that the court faces a straightforward choice between allowing irremediable harm and preventing it." There will probably be more movement when trading continues for Delta Air Lines (NYSE:DAL), American Express Co. (NYSE:AXP) and Kraft Foods Inc. (NYSE:KFT).
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