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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| March 05, 2004 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

TELECOM

BellSouth mulls $6 bil for unit

Telefonica, Europe's No. 3 mobile operator is in talks to buy BellSouth's Latin American mobile assets for $6 bil. BellSouth owns 40% of Cingular, which is buying AT&T Wireless for $41 bil, and could use the sale to help pay for that deal. BellSouth rose 2%. More on A4

MEDICAL

Merck expects to meet Q1 views

The drug firm forecast making 71-73 cents a share ex items, a 4%-7% increase from a year ago. Views were for 72 cents a share ex items. Merck also expects to make $3.11-$3.17 a share in '04, a 6%-8% rise over the '03 profit, views saw $3.14 a share. The drug firm has been rebuilding a …

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