MARKET PULSE-AT&T, Herbalife, Pfizer, United Online, BioTelemetry
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks were down on Monday, as investors looked ahead to data on the manufacturing and housing sectors following the worst month for the Dow and S&P 500 indexes since May 2012. The Dow Jones industrial average was down 0.32 percent at 15,648.34, the S&P 500 was down 0.33 percent at 1,776.72 and the Nasdaq Composite was down 0.43 percent at 4,086.03.
** AT&T INC, $32.68, -1.92 pct
** T-MOBILE US INC, $30.56, -0.03 pct
** VERIZON COMMUNICATIONS INC, $47.16, -1.79 pct
AT&T's plan to cut prices on its large shared data plans is aimed at winning customers in an increasingly fierce competition with rivals such as T-Mobile US and could force larger rival Verizon to offer new discounts, analysts said.
** JOS. A. BANK CLOTHIERS INC, $54.08, -3.81 pct
** MEN'S WEARHOUSE INC, $45.75, -4.77 pct
Jos. A. Bank rejected on Sunday yet another offer by rival Men's Wearhouse, the latest in a prolonged acquisition battle between the two men's clothing retailers. Continued...