- Time Warner Posts Lower Profit; Raises Outlook
- Planned Layoffs Show Another Drop: Challenger
- Will GM Adopt a Europe Style to Make Opel Work?
- SocGen Quarterly Profit Trails Forecast, Hikes Provision
- Republicans Win Va., N.J. Governor's Races
- Buffett Joins Goldman in FNM Tax Credit Bid: Report
- Comcast Quarterly Profit, But Growth Slows
- China Should Drop Yuan's Dollar Peg: Merrill Lynch
- Look Ahead: Market Taking Its Cues From Fed Statement
- Stock Picker: Buffett Will Target These Industries Next
- Final World Series Games Big Money Makers
- Best Buy To Embed Digital Download Platform on Devices
- Options Trader Targets Precious Metal Surge
- October Shows Auto Rebound Will Be Slow
- The Silencing of Paul Volcker?
- CNBC Transcript: Warren Buffett Explains His Railroad 'All-In Bet' on America
- CIT's Retail Impact?
- M&A: Signs of Strength?
- Pulte Homes posts $361.4M loss for Q3
- Fed likely to keep key interest rate at record low
- Earnings Preview: British Airways to post Q2 loss
- Myriad Genetics 1Q profit doubles on test sales
- Marsh & McLennan 3Q profit beats expectations
- RehabCare buying Triumph for $570 million
- Delphi Automotive creates new board of directors
- List of Opel factories in Europe
- Garmin to release third-quarter earnings
Sector roundup: Homebuilders, airlines
Among the sector activity stories for Wednesday, Oct. 28, from AP Financial News:
NEW YORK (AP) — Shares of homebuilders slid as new home sales dropped for the first time in five months.
NEW YORK (AP) — AMR Corp. was among the biggest decliners among airline stocks after the parent of American Airlines said it will close a maintenance hub and cut hundreds more workers.
NEW YORK (AP) — Shares of retail brokerages were lower after two of the industry's powerhouses posted weaker quarterly results, and analysts noted the companies face ongoing risks.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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