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TAM joins Star Alliance; LAN load factor down; Copa not looking for cross-border merger

Analysis

North and South American carriers shares slipped with the wider market on Thursday (13-May-2010), with the Dow (-1.1%) ending the session lower on warnings from Cisco Systems and Kohl's Corp that the economy is still weak. Stocks were also hampered by a probe into whether banks misled customers about their involvement in mortgage bond deals.

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