AT&T

(T) - Get Report

was off 0.3% in midafternoon, up from a 52-week low of $21.25 earlier.

The Wall Street Journal

reported that the company and

British Telecom

(BTY)

ended talks to merge their business services unit.

WorldCom

(WCOM)

bounced off a 52-week low and was up 15.5% after

Reuters

reported it would create a tracking stock for its consumer and wholesale operations rather than break up the company.