AT&T Inc. (NYSE:T) licensing its home automation technologies to Telefonica S.A. (ADR) (NYSE:TEF) marks the first ever tie up between the American company and a European company for the deployment of the platform.
Shares of Bloomin Brands Inc (NASDAQ:BLMN) rose by 1.12% in the past week and 7.87% for the past 4 weeks. For the past week, the counter has outperformed the S&P 500 by 2.39% and the outperformance increases to 10.61% for the past 4 weeks.
In the latest statement by the brokerage house, Macquarie upgrades its outlook on Telefonica S.A. (ADR). The current rating of the shares is Neutral, according to the research report released by the firm.