Among the sector activity stories for Wednesday, May 7, from AP Financial News:
NEW YORK (AP) _ Most handset stocks dipped Wednesday, with Motorola Inc.'s shares declining even as an analyst indicated the struggling cell phone maker is likely to benefit from the combination of Clearwire and Sprint Nextel Corp.'s wireless broadband units.
NEW YORK (AP) _ The chip sector wavered Wednesday, pulled between ON Semiconductor Corp.'s upbeat second-quarter outlook and a downturn in the wider technology market.
NEW YORK (AP) _ Shares of brewers were little changed on Wednesday, a day after Molson Coors Brewing Co. beat first-quarter earnings expectations on strong sales but Boston Beer Co. reported an earnings miss.
NEW YORK (AP) _ Airline stocks moved mostly lower Wednesday, although a handful of carriers eked out gains even as oil prices remained near record highs.
NEW YORK (AP) _ Housing stocks turned mostly lower Wednesday on more industry data showing the sector's swoon worsened earlier this year.
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