Delta Air Lines Makes Statement Defending the LGBT Community; RF Micro Devices to Merge with TriQuint Semiconductor


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NYSE:DAL / NASDAQ:RFMD / NASDAQ:BBRY / OTC:BB:UBIQ
02/26/2014 [ACCESSWIRE]

Delta Air Lines Inc. (NYSE: DAL) – For an in-depth report on Delta Air Lines Inc. follow: www.BullTrends.com/stockquote/DAL

Shares of Delta Air Lines hit a new 52-week high of $33.50 during intra-day trading on Tuesday. The move came after the company issued the following statement: "As a global values-based company, Delta Air Lines is proud of the diversity of its customers and employees, and is deeply concerned about proposed measures in several states, including Georgia and Arizona, that would allow businesses to refuse service to lesbian, gay, bisexual and transgender individuals. If passed into law, these proposals would cause significant harm to many people and will result in job losses. They would also violate Delta's core values of mutual respect and dignity shared by our 80,000 employees worldwide and the 165 million customers we serve every year. Delta strongly opposes these measures and we join the business community in urging state officials to reject these proposals."

RF Micro Devices Inc. (NASDAQ: RFMD) - For an in-depth report on RF Micro Devices Inc. follow: www.BullTrends.com/stockquote/RFMD

Shares of RF Micro Devices closed down 5.26% on Tuesday with nearly 26 million shares traded. Earlier this week the company it would merge with TriQuint Semiconductor. The all-stock transaction is expected to close in the second half of this year, will create a new company with combined revenue of more than $2 billion, and should result in cost synergies of at least $150 million the first two years after closing.

BlackBerry Limited (NASDAQ: BBRY) – For an in-depth report on BlackBerry Limited follow: www.BullTrends.com/stockquote/BBRY

BlackBerry Limited closed up 7.83% on about 55 million shares traded. The stock was one of the biggest movers on the NASDAQ. The company unveiled a newer, cheaper touchscreen smartphone and a classic model with a keyboard. Blackberry CEO John Chen also said that he would sell his instant messaging unit for $19 billion if someone offered him that much for it.

Ubiquity Broadcasting Corporation (OTCBB: UBIQ) - For an in-depth report on Ubiquity Broadcasting Corporation follow: www.BullTrends.com/stockquote/UBIQ

Shares of UBIQ closed up 17.43% on Tuesday with about 600,000 shares traded. The company was one of the biggest gainers in the OTCBB market. The company announced that on February 21, 2014, it was notified its application was accepted for processing. Chris Carmichael, CEO of Ubiquity, said that "We are very excited to see the culmination of our investment in this paradigm shifting technology pay off in terms of our potential to advance to the NASDAQ exchange.  We believe that this uplisting to the NASDAQ will benefit both our business operations and stockholders through increased awareness and visibility within the investment community, improved shareholder liquidity, and greater access to capital. We believe that our presence on the NASDAQ will help the Company with a better platform for our future capital as well as financing needs, and provide our shareholders with liquidity options of a much higher quality as we move ahead in this unique space and time."

 

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