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Stock Market & Financial Investment News

News Breaks
March 20, 2014
07:13 EDTFTRFrontier Communications, Crius Energy expand partnership
Crius Energy and Frontier Communications announced they have expanded their strategic partnership to offer solar power to residential customers. Crius Energy, under the brand name FTR Energy Services, currently offers green electricity and/or natural gas to residents in Frontier service areas in New York, Ohio, Illinois and Indiana. The companies plan to leverage the partnership to offer solar power in markets such as California, Arizona, Colorado, Oregon, New York and Washington. Upon approval of Frontier's acquisition of AT&T wireline, broadband and U-verse operations, Connecticut residents will also have the opportunity to purchase solar power.
News For FTR From The Last 14 Days
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July 30, 2014
11:32 EDTFTROptions with increasing implied volatility
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10:00 EDTFTROn The Fly: Analyst Downgrade Summary
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09:23 EDTFTRFrontier Communications downgraded to Neutral from Buy at Nomura
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July 29, 2014
17:06 EDTFTROn The Fly: Closing Wrap
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12:23 EDTFTRWindstream REIT spin off plan provides jolt for stock, telecom sector
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12:13 EDTFTROn The Fly: Midday Wrap
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11:37 EDTFTRHigh option volume stocks
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09:22 EDTFTRWindstream worth at least $15/share after spinoff news, says Oppenheimer
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09:17 EDTFTROn The Fly: Pre-market Movers
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09:00 EDTFTRAT&T, Verizon rally after Windstream announces plans for REIT
Shares of AT&T (T) and Verizon (VZ) are trading higher in the pre-market following news that Windstream (WIN) plans to spin off its telecom assets into a publicly traded REIT. Windstream provides network communications to businesses nationwide. It said the tax-free spinoff will enable it to realize "significant financial flexibility by lowering debt by approximately $3.2 billion and increasing free cash flow to accelerate broadband investments, transition faster to an IP network and pursue additional growth opportunities to better serve customers." The news is also pushing shares of CenturyLink (CTL) and Frontier Communications (FTR) higher. Windstream is rallying 28% in pre-open trading, while AT&T is up 4% and Verizon is up 3%.
08:48 EDTFTRFrontier, CenturyLink rally after Windstream announces spinoff
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July 25, 2014
16:11 EDTFTRFCC approves Frontier Communications acquisition of AT&T's Conneticut wire-ops
Frontier Communications (FTR) announced that the Federal Communications Commission, or FCC, has approved its proposed acquisition of AT&Tís (T) local wireline, broadband and video operations in Connecticut. The company is currently also seeking approval from the Connecticut Public Utilities Regulatory Authority, or PURA, and has already received Justice Department approval. Pending PURA approval, the company expects to close the Connecticut acquisition transaction in Q4.

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