04-Mar-2010 5:06 PM
US Airways loses USD30 million in sales from storms
Analysis
North and South American carriers' stocks were mixed on Wednesday (03-Mar-2010), on varied traffic results from US carriers. Stocks also tended to move with the wider market, with the Dow (-0.9%) slipping, after the US Federal Reserve stated loan demand was still weak. However, losses were trimmed by the release of Greece's new austerity measures to overcome its debt issues and a smaller than expected drop in private sector job losses for Feb-2010.
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