Delta Air Lines, Inc (NYSE:DAL) shares dipped by 3.42%, RF Micro Devices, Inc (NASDAQ:RFMD)

Posted by George Brook May 30, 2013 0 Comment 1270 views


Delta Air Lines, Inc (NYSE:DAL): Wednesday’s trading session saw Delta Air Lines, Inc (NYSE:DAL) shares dipping 3.42%. The opening price of $18.53, moved on to touch an intraday high of $18.62 before sliding down to close at $17.75 per share. Around 75.71 million shares were traded in the session on Wednesday. This number was more than the average volume of 0.530 million which was calculated over a 30-day period.

On 15 May Delta Air Lines, Inc (NYSE:DAL) had said that it expects brighter profits in the second-quarter. It is hoping that the lower fuel prices will benefit it as well. Edward Bastian, the Delta President said that declining fuel prices and stable revenues should, in conjunction with each other, afford the company a sizeable margin expansion in this quarter. He was speaking at a conference that had been held by the Bank of America Merrill Lynch. The speech had been broadcast over the Internet.

DAL provides scheduled air-transportation. It transports cargo and passengers right across the U.S as well as internationally. The route network that Delta Air Lines, Inc (NYSE:DAL) has, gives it presence in every single international and domestic market.

RF Micro Devices, Inc (NASDAQ:RFMD): Wednesday’s trading session saw RF Micro Devices, Inc (NASDAQ:RFMD) shares dipping by 2.66%. The opening price of $5.25, moved on to touch an intraday high of $5.26 before sliding down to close at $5.11 per share. Around 6.85 million shares were traded in the session on Wednesday. This number was more than the average volume of 4.48 million which was calculated over a 30-day period.

RFMD is an international leader in the designing and manufacturing of high-performance radio-frequency solutions. The company’s products provide enhanced connectivity, afford worldwide mobility as well as support very advanced functionality in various fields. Its solutions are used in wireless infrastructure, mobile device, wireless local area network, cable television, broadband, Smart Energy/advanced metering infrastructure, as well as in the defense and aerospace markets. RF Micro Devices, Inc (NASDAQ:RFMD) is known for its very expansive portfolio of RF systems and semi-conductor technologies expertise.

Its products are preferred by the world’s leading mobile device, communications equipment customer premises providers. The Greensboro, N.C. headquartered RF Micro Devices, Inc (NASDAQ:RFMD) is an ISO 9001, ISO/TS 16949 and ISO 14001-certified manufacturer.


About George Brook

George Brook covers money and politics for GDP Insider. George is a veteran journalist who has also covered Congress, national political conventions and presidential politics. George also covers the White House as well as economic and domestic policy for GDP insider. George's reporting has won numerous awards, including two Scripps Howard awards, two National Headliners, two Gerald Loeb Awards, as well as honors from Sigma Delta Chi and the National Press Club.

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