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Stock Market & Financial Investment News

News Breaks
February 24, 2014
08:36 EDTCTLCenturyLink announces additional $1B stock repurchase program
This new program will take effect immediately upon completion of its current repurchase program, which it expects to complete during the second quarter of 2014. CenturyLink expects to complete the new program within 18 to 24 months from its effective date, primarily through open market transactions, subject to market conditions and other factors. CenturyLink intends to fund the share repurchases primarily with free cash flow generated by the business.
News For CTL From The Last 14 Days
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February 26, 2015
13:00 EDTCTLFCC votes in favor of adopting net neutrality proposals
The Federal Communications Commission voted 3 to 2 in favor of adopting new open Internet, or "net neutrality," rules. FCC Chairman Tom Wheeler has proposed that the FCC use its Title II authority to implement and enforce open Internet protections, with "bright-line" rules to ban paid prioritization and the blocking and throttling of lawful content and services. However, Wheeler said his proposal will "modernize" Title II, insuring there will be no rate regulation, no tariffs, and no last-mile unbundling. Major Internet Service Providers, including AT&T (T), Comcast (CMCSA), and Verizon (VZ), have opposed FCC Chairman Wheeler's proposals to treat Internet service similar to a utility. Other companies that provide Internet services include Time Warner Cable (TWC), CenturyLink (CTL), DIRECTV (DTV), Cablevision (CVC) and Lumos Networks (LMOS). Netflix (NFLX) has strongly supported open Internet provisions. Cogent Communications (CCOI) and Level 3 Communications (LVLT) are facilities-based providers of Internet access and Internet Protocol communications services that are likely to be impacted by FCC rules on net neutrality.
12:55 EDTCTLFCC Chair says open Internet proposals not a plan to control the Internet
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February 24, 2015
07:14 EDTCTLCantor to hold a conference
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February 18, 2015
10:05 EDTCTLOn The Fly: Analyst Downgrade Summary
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09:10 EDTCTLOn The Fly: Pre-market Movers
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05:31 EDTCTLCenturyLink downgraded to Sell from Neutral at Goldman
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