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Stock Market & Financial Investment News

News Breaks
December 5, 2012
06:05 EDTCTL, DOXCenturyLink selects Amdocs for operational suppport sustems consolidation
Amdocs (DOX) announced that CenturyLink (CTL) has selected Amdocs for an operational support systems consolidation project.
News For CTL;DOX From The Last 14 Days
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July 23, 2014
08:12 EDTDOXAmdocs management to meet with Oppenheimer
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08:11 EDTDOXAmdocs management to meet with Jefferies
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July 11, 2014
15:00 EDTCTLChance of Rackspace strategic buyer lower if CenturyLink out, says Wells Fargo
After BrightWire said that CenturyLink's (CTL) interest in Raxspace (RAX) had faded, Wells Fargo cautioned that it is difficult to judge the validity of sources in "articles such as this." However, Wells added that if CenturyLink is actually out, that the possibility of Raxspace finding a strategic buyer could be "meaningfully" lower. The firm keeps it Outperform rating on Raxspace, citing its fundamentals.
14:08 EDTCTLRackspace drawing 'tepid' interest from potential buyers, BrightWire says
Rackspace (RAX) is receiving a "tepid" response from potential buyers, according to BrightWire, citing three sources familiar with the matter. One industry source said CenturyLink (CTL) made an initial overture, but a banking source said the interest was only casual and soon faded, according to the report. Reference Link

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