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Sector roundup: Macau Gaming, Internet



By AP
02 June 2008 @ 02:48 pm EST

Among the sector activity stories for Monday, June 2, from AP Financial News:

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Quotes
CTRP 33.02 -2.13
MAR 18.76 1.07
HOC 15.87 -1.3
TSO 8.36 -0.84

SYMBOL LOOKUP

NEW YORK (AP)--Shares of gaming companies with properties in Macau declined Monday as data showed May gaming revenue grew less year over year than in the first four months of 2008.

NEW YORK (AP)--Chinese Web stocks traded mostly lower Monday, with Ctrip.com International Ltd. declining after an analyst said a lack of available hotel rooms in Beijing during the August Olympics could hurt the online travel company.

NEW YORK (AP)--Shares of most semiconductor companies traded lower with the broader market Monday after an industry group said April's worldwide chip sales, while up from a year ago, were sequentially flat.

NEW YORK (AP)--Airline stocks fell sharply Monday, dragged down by economic worries and rising oil prices.

NEW YORK (AP)--Shares of hotel operators slipped Monday after Marriott International Inc. said it expects second-quarter North American revenue-per-available-room growth below its prior forecast.

NEW YORK (AP)--Refining stocks rose Monday as gasoline and oil prices held steady, and investors took a fresh look at the beaten-down sector after an analyst raised his rating on Holly Corp. and Tesoro Corp.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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