Monday, July 16, 2007

US stock indexes little changed; Verizon up on M&A talk

(Reuters) - U.S. stocks were little changed on Monday as investors paused after Friday's record highs to weigh the latest speculation on the mergers and acquisition front.

Shares of Verizon Communications were the top gainer on the Dow after a Financial Times Web site said on Monday Vodafone Group was considering a $160 billion takeover bid for the U.S. wireless operator. Vodafone denied the report, but Verizon shares still rose 2.5 percent to $42.81.


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