17-Jun-2010 3:12 PM
Hawaiian Airlines slumps on analyst downgrade; Alaska Air increases baggage fees
Analysis
North and South American airline stocks declined on Wednesday (16-Jun-2010) after FedEx warned it is expecting higher costs to constrain earnings for FY2011. The Dow was flat as a result, with comments from FedEx outweighing optimism after Apple reported higher-than-expected sales of its new iPhone.
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