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Sector roundup: Online travel, automakers

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June 30, 2008

Among the sector activity stories for Monday, June 30, from AP Financial News:

NEW YORK (AP) -- Most online travel stocks fell Monday after an analyst lowered his price targets for Expedia Inc., Orbitz Worldwide Inc. and Priceline.com Inc., citing weakening European leisure travel trends and rising search ad competition.

NEW YORK (AP) -- Shares of many auto suppliers tumbled Monday, as both General Motors Corp. and Ford Motor Co. both hit historical lows a day before the release of what's expected to be weak June sales figures.

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