(ShareCast News) - If BT Group is able to close its acquisition of EE in the next two years then together with the improved outlook for its financial performance that means its credit metrics will improve more than previously expected, one of the most influential ratings agencies said on Monday. Cos
Read moreUK stocks declined on Monday after the Greeks voted a resounding 'no' to creditors' bailout proposals, pushing the country closer to a possible exit from the Eurozone. Nevertheless, while stock markets across Europe were suffering steep losses - German, Spanish and French shares were down 1.3-1.8% w
Read moreCiti reduced its rating for BT from 'buy' to 'neutral,' citing risks from a shifting regulatory scene. Analysts downgraded their rating for the telco even as they numped up their target price from £4.50 to £4.85. In a note, Citi analysts said the revision of their estimates for BT were based on the
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