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[video] Quick Take: Airline, iPad Deals

NEW YORK (TheStreet) -- TheStreet's Debra Borchard is alongside Brittany Umar and contributor Ted Reed, taking a look at Wednesday morning's notable headlines. 

While it may have seemed unlikely a few months ago, American Airlines and U.S. Airways Group (LCC) have come to a merger agreement with the Department of Justice.

Reed said that the merger should add stability to the market and help lower fares -- a win for the DOJ.

The merger is expected to have its share of "bumps" like all mergers do, Reed added. Airline stocks have run up tremendously in 2013, which makes it hard to determine if the merger will aid in pushing them much higher.

Reed concluded that lower oil prices should also help reduce fare prices, a win for the U.S. consumer. 

Must Read: Everyone Declares Victory After US Airways/AMR Merger Approval

Turning to retail, Umar pointed out Target's (TGT) Black Friday shopping deals. The store will open at 8 p.m. EST on Thanksgiving Day, and sales will carry on from Nov. 28th through Nov. 30th. 

Reed said the Apple (AAPL) 16gb iPad Air will be starting at $479 -- $20 lower than retail -- and come with a $100 gift card, while the iPad Mini starts at $299 and comes with a $75 gift card. 

The iPhone 5S will also be $20 off, starting at $179, and come with a $30 gift card, while the 16gb iPod Touch will come with a $50 gift card.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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