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Sector roundup: Online retail, bottlers



By AP
09 July 2008 @ 02:15 pm EST

Among the sector activity stories for Wednesday, July 9, from the AP Financial News:

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Quotes
MELI 31.82 -0.48
CCE 17.44 -0.2
MTSN 5.11 0.03

SYMBOL LOOKUP

NEW YORK (AP)--Online retail stocks traded mixed Wednesday, with shares of MercadoLibre Inc. leading the gainers after the company's chief executive ended a prearranged trading plan--a move an analyst said could boost the shares.

NEW YORK (AP)--A Stifel Nicolaus analyst cut his rating on shares of soft drink bottler Coca-Cola Enterprises Inc. Wednesday and said all bottler stocks may struggle due to lower volumes and higher corn costs.

NEW YORK (AP)--Shares of companies that make semiconductor manufacturing equipment fell Wednesday, a day after Mattson Technology Inc. preannounced second-quarter results below its previous guidance and analyst estimates.

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 This material may not be published, broadcast, rewritten or redistributed.

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