28-Sep-2009 3:00 PM
United Airlines, Continental, American Airlines and Alaska Air boosted by ratings upgrades
Analysis
North and South American carriers' stocks rebounded on Friday (25-Sep-09), following three straight days of losses. Consequently, the AMEX Airline Index (+2.4%) was up, despite a slip in the Dow (-0.4%) and a slight increase in oil prices (+0.2%), to USD66.02. The rise came from an upgrade in ratings for five US carriers.
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