(ShareCast News) - Tullow Oil has been downgraded from 'outperform' to 'neutral' by Exane BNP Paribas, as it signalled the challenges for the oil exploration and production sector are "worse than we thought". "A weakening demand environment, US shale's continued resilience and conventional supply gr
Read more(ShareCast News) - UBS downgraded BT Group to 'sell' from 'neutral' with an unchanged 430p price target, saying the risk/reward profile was unattractive. The bank said risks from increasing competition have been underestimated. "Our estimates are broadly in line with consensus and assume a continua
Read more(ShareCast News) - London stocks are expected to open higher on Monday, rebounding from Friday's losses. London's FTSE 100 is seen starting 30 points firmer than Friday's close at 5,878. It will be a quiet day on the macroeconomic front, with no major UK or US data releases due. BT on the hunt for
Read more(ShareCast News) - BT Group has confirmed reports that it is on the hunt for a new Group Finance Director. The FTSE 100 company confirmed on Monday that incumbent Tony Chanmugam "may step down later this year" and that a search process is underway. It said no formal decision has been made about a re
Read more(ShareCast News) - BT Group's broadband and landline network has been hit by a wide-scale outage across several locations around the UK on Tuesday afternoon. According to the downdetector.co.uk website, which monitors internet failures, the outage hit cities including London, Birmingham, Sheffiel
Read more(ShareCast News) - With the possibility that regulator Ofcom may have to separate BT and Openreach, The Telegraph's Questor is advising investors to 'hold' in the meantime. It comes after the FTSE 100 company announced on Monday that third quarter revenues have risen 3%, leaving the company's year-t
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