Tue, 09 Sep 2014 09:21:04 GMT
Shares inch up as Telecom Italia and ABB gain
Shares of Telecom Italia and ABB, an engineering group from Switzerland, advanced 3% and 2.7% respectively as Telecom Italia may have found a buyer for its Brazilian wireless operator: the Mexican America Movil and the Brazilian Oi SA. ABB gained on the account of its plans to buy back $4 billion worth of shares, to entice its investors as it