Stocks in the news: Sprint Nextel, Delta, AES, Corus
Some of the companies making headlines today:
Sprint Nextel (S) no doubt will be in focus after The Sunday Telegraph reported that German group Deutsche Telekom has hired Deutsche Bank to advise on a possible bid. Sprint shares soared 20 percent on the report in pre-market trading.
Delta Airlines (DAL) and American Airlines (AMR) are considering rival investments in struggling Japan Airlines, whose shares jumped 8 percent on the report Monday. DAL shares climbed 1.5 percent while AMR shares declined about 2 percent ahead of the bell. JAL shares jumped 8 percent in Tokyo.