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U.K.-based Vodafone faces more competition in Europe as well as possibly India and other emerging markets, says Nomura Securities, which on Thursday downgraded the Vodafone stock to reduce from neutral. Vodafone (VOD) was down 5.5% in early afternoon trading on the stock market today. After selling its 45% stake in Verizon Wireless last year to Verizon Communications (VZ) for $130 billion, Vodafone remains a major wireless player in Europe. But Scalper1 News
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