Delta CEO Blasts International Passenger Clearing Delays and 2 More Heavily Traded Stocks to Follow

Delta Air Lines Inc. (NYSE:DAL): Closing price $20.80

During a Wednesday conference call with analysts, Delta Air Lines Chief Executive Richard Anderson said delays in clearing arriving international passengers could become a drag on the carrier, and is an “embarrassment for our government.” Delta recently debuted a $1.4-billion terminal at John F. Kennedy International Airport, and must deal with much larger Customs and Border Protection processing times in American cities than in Europe, China, or Japan, according to Anderson, who remarked that “It’s an embarrassment for our government that as much as we as an industry pay for CBP, we have issues at JFK, Newark, Chicago, Los Angeles. We cannot seem to get our government to perform a very basic service.”


Himax Technologies Inc. (NASDAQ:HIMX): Closing price $7.59

Himax shares are closing up more than 3 percent Wednesday, perhaps from the Google investment reported earlier in the week, and option traders are searching for even more gains in the firm. On Tuesday, optionMONSTER’s Heat Seeker system detected heavy buying in calls at several strikes, including close to 9,000 March 6s that went for between $2.29 and $2.85, nearly 5,000 August 7s for $0.65 to $1.10, and in excess of 3,000 September 7.50s for $0.75 to $1.14. Volume was far above the previous open interest at each strike, indicating new activity.


Radian Group Inc. (NYSE:RDN) Closing price $13.87

Radian Group has posted its second quarter earnings on Wednesday. The firm surpassed consensus estimates on both revenue and earnings per share. Versus the year-ago quarter, revenue expanded significantly. Non-GAAP earnings per share grew, but GAAP loss per share fell back. Margins increased across the board.


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