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Citi sees no new info in BT's pension briefing, keeps sell rating due to UK telecom challenges

Market News
23 Jun 2026
Proactive Investors
View Source
Neutral
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Citi reviewed BT Group's recent pension scheme briefing ahead of its triennial valuation and found no new material information for investors. The valuation, expected by late 2026 or early 2027, will determine BT's required pension contributions. Despite the pension scheme's large size and impact on BT's finances, Citi maintains its sell rating based on the tough UK fixed telecom market, marked by heavy competition and costly network investments. The pension remains a significant factor but is not the primary reason for Citi's negative outlook on BT.

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Cristiano Ronaldo tops Brazilian fans' dream travel companions, with Northeast Brazil as top destination.

Cristiano Ronaldo tops Brazilian fans' dream travel companions, with Northeast Brazil as top destination.

A KAYAK survey of 2,000 Brazilian travelers revealed Cristiano Ronaldo as the most desired football companion for trips, chosen by 60% of respondents. Vinícius Júnior and Endrick followed with 19% and 9%, respectively. The Northeast region of Brazil,...

Market News
Bullish
52 minutes ago
KAYAK survey: Cristiano Ronaldo top travel pick for Brazilians, Northeast Brazil favored destination

KAYAK survey: Cristiano Ronaldo top travel pick for Brazilians, Northeast Brazil favored destination

A KAYAK survey of 2,000 Brazilian travelers found Cristiano Ronaldo is the most desired football player to travel with, chosen by 60% of respondents. Vinícius Júnior and Endrick followed with 19% and 9% respectively. Most Brazilians (59%) would take ...

Others
Neutral
52 minutes ago
The 16th annual PODD conference on drug delivery innovation will be held in Boston this October.

The 16th annual PODD conference on drug delivery innovation will be held in Boston this October.

The 16th annual PODD (Partnership Opportunities in Drug Delivery) conference will take place on October 29-30, 2026, in Boston, gathering over 1,000 industry leaders to discuss advancements in drug delivery systems. The event features over 150 sessio...

Others
Bullish
52 minutes ago
Oryn Therapeutics advances immune-reprogramming peptide platform with new leadership and board members

Oryn Therapeutics advances immune-reprogramming peptide platform with new leadership and board members

Oryn Therapeutics is progressing its next-generation Orynotide™ macrocyclic peptide platform aimed at treating inflammatory and autoimmune diseases through immune reprogramming rather than suppression. The company appointed Guy Rosenthal as CEO and e...

Company Fundamentals
Bullish
1 hour ago
Dimensional Fund Advisors discloses 1.41% stake in Advanced Medical Solutions.

Dimensional Fund Advisors discloses 1.41% stake in Advanced Medical Solutions.

Dimensional Fund Advisors Ltd. has disclosed a 1.41% ownership stake in Advanced Medical Solutions Group PLC, holding 3,110,204 ordinary shares as of June 22, 2026. This disclosure follows regulatory requirements under the Takeover Code, indicating D...

Market News
Neutral
3 hours ago
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