BUZZ-BT: falls back after lacklustre numbers

** BT retreats after strong recent gains as in-line results fail to excite

** Q1 revenue & core earnings in line with forecasts

** Stock, which has rallied some 5% from early July low, down 2.5%, 2nd-top FTSE 100 faller and biggest drag on the UK benchmark index

** "Solid (KOSDAQ: 050890.KQ - news) but uninspiring," says Nomura on the BT figures, flagging that adjusted EBITDA growth of 1% was only achieved owing to the final positive benefit from ladder pricing (GBP 15m), which no longer continues (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)