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Stock Market & Financial Investment News

News Breaks
June 17, 2014
08:14 EDTLVLT, CTL, TWTCLevel 3 acquisition positive, says DA Davidson
After Level 3 (LVLT) agreed to buy tw telecom (TWTC), DA Davidson thinks that Level 3 understated the deal's cap ex savings, which the firm thinks could reach $100M-$200M over the longer term. The firm believes that CenturyLink (CTL) could make a bid for tw telecom, but thinks that CenturyLink would have to overcome hurdles to acquire tw telecom, including a possible downgrade of its debt. The firm believes that the deal provides more sustainable U.S. growth for Level 3, and it keeps a Buy rating on the shares.
News For LVLT;TWTC;CTL From The Last 14 Days
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March 27, 2015
07:59 EDTLVLTLevel 3 volatility at low end of historic range as shares near six-year high
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March 20, 2015
11:26 EDTLVLTLevel 3 management to meet with Oppenheimer
Meeting to be held in Europe on March 23 hosted by Oppenheimer.

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