Posts Tagged ‘ BT ’

BT shares drop on information of expected write-downs.

April 14, 2009
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BT shares drop on information of expected write-downs.

Anxitey for National Programme for IT contract? BT, the UK telecommunications group, shares fell 4.9% earlier this morning making it FTSE100′s largest dropper. This is after a weekend press report suggesting that they will take a staggering $2.2 billion write-down and there is also a possibility of 10,000 jobs being lost. The write-down is...

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