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Sector roundup: Airlines; contruction, engineering cos.

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May 1, 2008

Among the sector activity stories for Thursday, May 1, from AP Financial News:

NEW YORK (AP) -- Airline shares jumped Thursday, besting advances in the broader market, as oil prices continued their retreat away from record levels.

NEW YORK (AP) -- Shares of construction and engineering companies fell at midday Thursday after a Commerce Department report showed construction spending fell the biggest amount on record in March, marking the fifth decline in six months.

NEW YORK (AP) -- Shares of casino operators with properties in Macau dropped Thursday after Las Vegas Sands Corp. said it swung to a first-quarter loss partly on increased competition in the Chinese gambling enclave.

NEW YORK (AP) -- For-profit education companies will surely benefit from legislation passed by the U.S. Senate to ease tightness in the student loan market, according to one analyst.

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 This material may not be published, broadcast, rewritten, or redistributed.

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