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AT&T Inc. (NYSE:T) Approaches Telefonica S.A. (ADR) (NYSE:TEF), Report: Verizon, Frontier Communications, Windstream
Spain’s largest phone firm Telefonica S.A. (ADR) (NYSE:TEF) surged the most in three months in Madrid trading following newspaper El Mundo declared that AT&T Inc. (NYSE:T) made a purchased approach that was discarded by the country’s government. Telefonica shares increased around 3.9% to 10.42 euros, the most since March 14. The stock moved up 2.6%…
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S&P Up; Sprint Nextel (NYSE:S) Most Active After Executive Departure And News Corp (NASDAQ:NWSA) Hits New High Despite Quarterly Loss – WIN, C, NWSA
U.S. stocks advanced a fifth day, providing the Standard & Poor’s 500 Index its best gaining streak since March, as data showing a surprised fall in jobless claims last week eased worries about a worsening of Europe’s economy. The S&P 500 (INDEXSP:.INX) gained 0.2 percent to 1,404.84, after moving up 2.7 percent in last four…