Breaking News About Deutsche Telekom

Revenues may come under pressure, however, with Brent Crude increased by more than 2 percent after Western warplanes bombed Libya, prompting worries about the newly exposed to high inflation in the global economy. By 0919 GMT (5:19 am ET), a pan-European FTSEurofirst 300. FTEU3 index of top shares up 1.5 percent at 1,104.73 points, after edging higher on Friday. "The market hates uncertainty and problems in Japan's weakening, which helps," Colin McLean, managing director of the foundation of SVM Asset Management in Edinburgh, which has 700 million euros ($ 992.5 million) in assets under management. Improvement in investor sentiment on signs that progress is being made in the affected plant in Japan, with engineers restore power in the three reactors. Telecommunications featured among the best performers, with the Stoxx Europe 600 Telecom. SXKP to 3,7 percent. Deutsche Telekom AG, (DTEGn.DE) jumped 16 percent after AT & T Inc (TN) said it planned to buy a T-Mobile USA business. "A big deal to Deutsche Telekom is also good for Vodafone, as it shows the U.S. is positive on the mobile phone industry," said McLean. Vodafone rose 5.2 percent, with Bank of America, Merrill Lynch said the company should now benefit from lower levels of U.S. competition. Brokers saw it as an opportunity to purchase in the field of telecommunications. Deutsche Bank ranked Vodafone, as a "buy", while UniCredit upgraded Deutsche Telekom "buy" from "hold" on sale. Automakers GAIN In other countries, the automakers were in demand as JPMorgan Cazenove said that the value in the automotive sector, which he said was the relative competitive position. Stoxx Europe 600 cars and parts. SXAP was up 1.9 percent. Volkswagen (VOWG_p.DE) was 1.3 percent, as the German truck manufacturer MAN (MANG.DE), which is the automaker's largest shareholder dividends increased above projections. MAN gained 2.7 percent. Looking at the technical picture, analysts have suggested the critical support at 1066, while short-term resistance was in 1107 or thereabouts. "The index has fallen through its two-year upward trend for the first time. The good news is that she has found support in the form of an interim minimum since November, and it remains to be seen whether it will outweigh the violation of the uptrend," said Bill McNamara, a technical analyst Charles Stanley.