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Share Price Information for BT (BT.A)

London Stock Exchange
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Share Price: 132.80
Bid: 132.85
Ask: 132.95
Change: -0.55 (-0.41%)
Spread: 0.10 (0.075%)
Open: 133.85
High: 134.40
Low: 132.55
Prev. Close: 133.35
BT.A Live PriceLast checked at -

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Thursday tips round-up: Berkeley Group, BT Group

Thu, 19th Jun 2014 08:06

At an 8% dividend yield shares of Berkeley Group pose a bit of a puzzle to investors. Usually such a high yield signals that the market has doubts about the company. On the other hand, however, its shares trade at nearly twice the net asset value, which is as silly a valuation as it is expensive. Classed as a homebuilder it is in reality more a property developer, transforming urban sites into expensive apartment blocks after navigating what can even be decade-long planning processes. More importantly, the firm has decided to return £1.7bn in cash to shareholders by 2021. Given that its sales seem pretty much locked in even until 2012 the above puzzle is quickly solved. Despite the cautious noises from the company regarding possible rate rises and the upcoming elections the stock remains a 'buy', says The Times' Tempus. This morning's announcement from Ofcom, the telecoms regulator, on its deliberations regarding the prices charged by BT to rivals for giving them access to its fibre-optic network, should be benign. Yes, come next February the company will also have to announce its pensions deficit, but that should already be priced in. Similarly, it is hard to believe that the company and rival BskyB will go into any sort of aggressive price war. It is simply not in either firm's interest to slit each others' throat in public. Given the fact that the above concerns have been overdone the 3.2% dividend yield is a reason to 'hold' the stock, Tempus writes.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.AB
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24 May 2024 10:26

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BT fined by Ofcom for "failing" EE and Plusnet customers

(Alliance News) - BT Group PLC must pay a GBP2.8 million fine after its "unacceptable" failure to provide adequate information to prospective customers, Ofcom announced on Wednesday.

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22 May 2024 07:18

Ofcom fines BT £2.8m for knowingly breaching contract info rules

(Sharecast News) - Ofcom announced on Wednesday that it has fined BT Group £2.8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.

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LONDON BROKER RATINGS: UBS lifts Schroders; Barclays likes Wise

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20 May 2024 13:16

IN BRIEF: BT Non-Executive Tushar Morzaria buys GBP70,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Tushar Morzaria buys 53,270 shares at GBP1.33 each, worth GBP70,849, in London on Monday.

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20 May 2024 10:33

BT delays new digital network switchover timetable

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17 May 2024 15:52

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FTSE 100 ends lower on disappointing corporate updates, BT Group soars

BT Group up after CEO aims for more than double free cash flow

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(Alliance News) - Stock prices in London opened lower on Thursday, ignoring the rally over on Wall Street on Wednesday.

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