Sector roundup: Airlines, telecommunications

AP News
Posted: Dec 17, 2009 6:07 PM

Among the sector activity stories for Thursday, Dec. 17, from AP Financial News:

ATLANTA (AP) _ Shares of most major U.S. airlines fell as oil prices edged down slightly and the broader stock market fell sharply.

NEW YORK (AP) _ Telecommunications companies will face intensifying competition and pressure on prices next year, according to separate reports from Barclays Capital and Deutsche Bank.