Investors liked the company's improved efficiencies, which helped return capital right back to them.
News & Analysis: Telecom Italia
Stock markets remained subdued Friday, with mixed performance among major markets. But some stocks soared, with Rite Aid and Portugal Telecom climbing about 9% each, while YY Inc. gained almost 11%. Find out more about what helped these stocks soar.
Analysts shift stance on Renren, Ericsson, and Telecom Italia.
A closer look at one of yesterday's big deals.
Stocks can keep rising in light of rising bond yields.
Do these fallen angels deserve a second chance? You be the judge!
The S&P climbed just 2% last month, but these five names put in a much better performance.
Earnings and gold are the name of the game for these three outperformers.
European leaders seem bent on rescuing their most troubled nations -- with tremendous consequences for the health of local telecoms.
As the S&P ended the month little changed, low earnings, LIBOR-fixing, Spanish bonds, and French legislation led investors to sell off these five stocks in July.