UPDATE 1-TIM shares drop after core profit guidance omitted <!-- no image --> <div>Shares in Telecom Italia (TIM) fell sharply on Tuesday as Italy's biggest phone group gave no guidance on its 2020 core profit target after reporting a drop in first-quarter earnings.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=_1w7MeAEcPU:8PLD2Ef4uI0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=_1w7MeAEcPU:8PLD2Ef4uI0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=_1w7MeAEcPU:8PLD2Ef4uI0:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=_1w7MeAEcPU:8PLD2Ef4uI0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=_1w7MeAEcPU:8PLD2Ef4uI0:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/_1w7MeAEcPU" height="1" width="1" alt=""></div> Posted by Reuters