• Most Popular
  • Most Shared

Yell rises on talk of Microsoft interest

Tue May 27, 2008 5:00am EDT

Stocks

   
The Yell building in Reading, England is seen in an undated handout photo. REUTERS/Handout

PARIS/LONDON (Reuters) - Shares in Yell Group (YELL.L) rose as much as 5.4 percent early on Tuesday as traders cited market talk of bid interest from Microsoft (MSFT.O).

Deals  |  Hot Stocks

British-based classified advertising directories firm Yell declined to comment.

"There is a rumor out there that Microsoft is looking at Yell. The price out there is 220 (pence per share)," a London-based trader said.

Yell was up 3.8 percent at 130.5 pence by 4:32 a.m. EDT.

(Additional reporting by Mike Elliott)

(Reporting by Blaise Robinson and Dominic Lau)
Deals
Hot Stocks


More from Reuters

Photo

AIG executive resigns over pay limits

NEW YORK (Reuters) - A top executive at American International Group Inc has resigned because of pay curbs imposed by the Obama Administration's pay czar, the insurer said on Wednesday.

» More Top News
A security camera sits on a building in New York City March 6, 2008. REUTERS/Joshua Lott

Trial run in Times Square

Critics say the Sept. 11 trials will endanger America's most populated city. Will a New Year's Eve plan hold up as New York's security template?  Full Article 

U.S.
People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid
Rolfe Winkler:

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article 

    Commentary