France Telecom Cuts Dividend, Hoards Cash Amid D
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Posted On: 02/23/2012 3:24:00 AM
France Telecom Cuts Dividend, Hoards Cash Amid Debt Crisis
France Telecom SA, Europe’s highest- yielding former telephone monopoly, cut its dividend forecast and backed off from a promise to buy back shares, as it hoards cash amid the region’s debt crisis.
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