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BT Deal, BAT Cuts, Prosus Rises | Stock Movers
Posted
June 29, 2026
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June 29, 2026
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5:31Now PlayingToday's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Verizon Communications and the UK’s BT have agreed to create a joint venture for their international businesses that will have a combined yearly revenue of about $4 billion.
- British American Tobacco is reducing its 47,000-strong global workforce by about one-fifth as part of its sweeping plan to bring down costs and simplify operations.
- Prosus said profit more than doubled in the last fiscal year, beating analysts’ estimates as growth in the tech investment company’s e-commerce businesses and an increase in the value of the stake it owns in China’s Tencent boosted earnings.
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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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BT Deal, BAT Cuts, Prosus Rises
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