US STOCKS-S&P hits two-week high on strong earnings; M&A supports

* AT&T (Sao Paolo: ATTB34.SA – news) , Time Warner (Frankfurt: A0RGAY – news) fall after deal announcement
* B/E Aerospace jumps after Rockwell Collins (NYSE: COL – news) bid
* Q3 earnings seen up 1.1 pct after four contraction quarters
* Indexes up: Dow 0.43 pct, S&P 0.47 pct, Nasdaq (Frankfurt: 813516 – news) 1 pct (Updates throughout, changes byline)
By Rodrigo Campos
NEW YORK – Oct (HKSE: 3366-OL.HK – news) 24 (Reuters) – The S&P 500 hit