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Continental: Curb your enthusiasm despite 4Q2009 profit

Analysis

Continental Airlines managed to squeeze a surprise USD85 million profit for the fourth quarter or USD0.60 per diluted share. For the full year 2009, Continental reported a net loss of USD282 million, or a loss of USD2.18 per diluted share, a 51.9% swing from the USD586 million lost in the year-ago period.

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