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Actionable news in VZ: VERIZON COMMUNICATIONS,

Telecommunications Sector Down As AT&T And Time Warner Merger Talks Advance

After Verizon Communications (VZ) posted disappointing quarterly results and revenue yesterday, talks of a merger deal between AT&T (T) and Time Warner (TWX) that could come as soon as this weekend pulled down the telecommunications services sector more than 1% again today.

AT&T purchasing Time Warner, reported by the Wall Street Journal, would make the telecommunications company a giant in the media world if completed. Historically companies like Comcast (CMCSA) and Disney (DIS) have successfully tried to bridge the gap between technology, internet and media by purchasing...


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