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Stocks Deutsche Telekom AG

  • Deutsche Telekom, facing its biggest strike in over a decade over planned cost cuts, reported a 5.8% drop in first-quarter core earnings on Thursday but said it was set to meet full-year targets.

  • Some 12,000 workers at Deutsche Telekom walked off the job Monday, protesting the telecommunications company's plan to reorganize its work force by transferring 50,000 staffers into separate units, union officials said.