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Air Canada prioritise debt payments; UPS expanding intra-Asia services

Analysis

The majority of North American airline stocks fell on Thursday (23-Sep-2010) as the Dow (-0.7%) was down on a surprise rise in weekly jobless claims late in trading. The declines were despite news the US' Leading Economic Index increased 0.3% in Aug-2010 and existing home sales increased 7.6% to a seasonally adjusted annual rate of 4.13 million in Aug-2010.

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