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American looking to sell more debt; Air Canada pension moratorium approved

Analysis

Wall Street closed mixed on Friday (24-Jul-09), with the Dow up just 0.26%, but some US airline stocks took off, as investors see more room for airlines to move in debt markets in coming months. US Airways (21.3%) led the market, following positive 2Q2009 results last week, while United Airlines (10.2%) and Continental (9.1%) were also substantially higher.

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