AT&T Woos Time Warner, Putting Spotlight on Media ETF

AT&T (NYSE: T) is in talks to acquire Time Warner (NYSE: TWX), bolstering media sector-related exchange traded funds. The PowerShares Dynamic Media Portfolio (NYSEArca: PBS) was up 0.7% Friday while the PowerShares Dynamic Leisure and Entertainment Portfolio (NYSEArca: PEJ) was 0.3% higher. PBS...