Cowen Calls Decline in Airline Stocks Following Report of DoJ Suit Against US Air/AMR 'Overdone'
August 13, 2013 at 15:13 PM EDT
Cowen's Helane Becker issued an intraday research note on US Airways (NYSE: LCC ), AMR Tuesday afternoon following a report the DoJ is planning to a suit to block a merger between the two. Becker believes a US Air, American deal will "eventually" get done, but noted the combined entity