03-Sep-2010 3:35 PM
Brazil's Finance Minister approves TAM acquisition; LAN and Copa Airlines gain
Analysis
North and South American airline stocks rose for another day on Thursday (03-Sep-2010), after markets continued to gain and TAM received approval from the Brazilian Finance Ministry to merge with LAN Airlines. The Dow (+0.5%) was up on better-than-expected jobs and housing data released in afternoon trading.
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