NEW YORK, April 2 U.S.-listed shares of foreign
companies rose on Tuesday, helped by European telecom companies
after rumors of a multi-billion-pound break-up bid for a UK
U.S.-traded shares of Vodafone Group rose
3.8 percent to 29.41 after a Financial Times Alphaville blog
cited "usually reliable people" as saying that Verizon
Communications and AT&T have been working together
on a breakup bid for Vodafone.
Vodafone, the world's second largest mobile operator, has
been at the center of deal speculation in recent months, linked
to its ownership of a 45 percent stake in U.S. mobile operator
Vodafone's shares were the most active on the Nasdaq, with
more than 30 million shares changing hands.
The BNY Mellon index of leading American depositary receipts
rose 0.8 percent, while the Standard & Poor's 500 index
gained 0.5 percent.
The BNY Mellon index of leading European ADRs rose
1 percent. Other European telecom companies were higher,
including France Telecom, up 0.4 percent at $10.20.
The BNY Mellon index of leading Asian ADRs rose 0.8
The BNY Mellon index of leading Latin American ADRs
ended down 0.4 percent.