New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
July 31, 2015
10:02 EDTCTLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ACE Limited (ACE) upgraded to Outperform at Bernstein on Chubb deal potential... Aixtron (AIXG) upgraded to Outperform from Neutral at Exane BNP Paribas... Anglo American (AAUKY) upgraded to Neutral from Underperform at Exane BNP Paribas... Antero Resources (AR) upgraded to Buy from Accumulate at KLR Group... Autoliv (ALV) upgraded to Outperform from Neutral at Credit Suisse... Barrick Gold (ABX) upgraded to Hold from Sell at Canaccord... California Water Service (CWT) upgraded to Buy from Neutral at Hilliard Lyons... Calpine (CPN) upgraded to Buy from Hold at Evercore ISI... CenturyLink (CTL) upgraded to Hold from Underperform at Jefferies... China Unicom (CHU) upgraded to Hold from Reduce at HSBC... Chubb (CB) upgraded to Outperform from Market Perform at Bernstein... Delphi (DLPH) upgraded to Buy from Outperform at CLSA... Diebold (DBD) upgraded to Outperform from Neutral at Wedbush... Discovery (DISCA) upgraded to Neutral from Sell at UBS... Eldorado Gold (EGO) upgraded to Buy at Canaccord... GoPro (GPRO) upgraded to Buy with $90 price target at Citi... Guidance Software (GUID) upgraded to Buy from Hold at Gabelli... H&E Equipment (HEES) upgraded to Buy from Neutral at UBS... Integra LifeSciences (IART) upgraded to Overweight from Neutral at JPMorgan... Lenovo (LNVGY) upgraded to Hold from Underperform at Jefferies... Methanex (MEOH) upgraded to Buy from Hold at TD Securities... Molina Healthcare (MOH) upgraded on strong results at Stifel... NCI, Inc. (NCIT) upgraded to Outperform from Market Perform at Cowen... Nationstar (NSM) upgraded to Market Perform from Underperform at FBR Capital... NetScout (NTCT) upgraded at Sterne Agee CRT... Pacira (PCRX) upgraded to Neutral from Underperform at BofA/Merrill... Premiere Global (PGI) upgraded to Strong Buy from Outperform at Raymond James... Regal Entertainment (RGC) upgraded to Outperform from Neutral at Wedbush... ResMed (RMD) upgraded to Overweight from Equal Weight at Morgan Stanley... RingCentral (RNG) upgraded to Strong Buy from Outperform at Raymond James... Robert Half (RHI) upgraded to Buy from Hold at Jefferies... SkyWest (SKYW) upgraded to Buy from Hold at Evercore ISI... Stratasys (SSYS) upgraded to Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Buy from Hold at Argus... Western Union (WU) upgraded to Equal Weight from Underweight at Barclays... Yahoo Japan (YAHOY) upgraded to Buy from Hold at Jefferies... eHealth (EHTH) upgraded to Neutral from Underperform at BofA/Merrill.
06:01 EDTCTLCenturyLink upgraded to Hold from Underperform at Jefferies
Subscribe for More Information
July 30, 2015
08:42 EDTLVLTLevel 3 weakness a buying opportunity, says Cowen
Cowen views weakness in Level 3 as a buying opportunity, as it believes the company's business remains very much intact despite weakness in its North American enterprise segment. Cowen reiterated its Outperform rating and raised its price target to $65 from $62 on Level 3 shares.
July 29, 2015
12:42 EDTLVLTOn The Fly: Top stock stories at midday
Stocks on Wall Street overcame a tentative start and are higher at midday ahead of the statement from the Federal Reserve following its latest monetary policy meeting. The pending home sales report showed an unexpected decline from the prior month, reminding investors the economy still isn't seeing the most robust of recoveries. ECONOMIC EVENTS: In the U.S., an index of pending home sales fell 1.8% in June, versus expectations for it to have risen 1% compared to the prior month. The Federal Reserve concludes a meeting on monetary policy today and its post-meeting statement is scheduled to be released at 2 pm EDT. The central bank is not expected to raise rates at this meeting and no post-meeting press conference is scheduled for Fed Chair Janet Yellen. In China, the Shanghai composite index rose 3.4%, stemming its most recent stretch of declines, though the index is still deeply in the red on a week-to-date basis. COMPANY NEWS: Shares of Twitter (TWTR) fell 13% after the company reported better than expected quarterly results but its management tempered expectations about its user growth. Several analysts cut their price targets on the stock and warned its shares may be range bound in the near-term, but maintained their buy ratings on the stock based on the social network operator's long-term potential. MAJOR MOVERS: Among the notable gainers following their earnings reports were hepatitis C drug maker Gilead (GILD), which rose 3%, and two defense contractors who raised their outlooks: Northrop Grumman (NOC), which advanced 7%, and General Dynamics (GD), which gained nearly 5%. Also higher was Citrix Systems (CTXS), which jumped about 10% after issuing better than expected fiscal year earnings guidance, reporting its CEO Mark Templeton plans to retire and entering into a cooperation agreement with activist investor Elliott Management, which owns approximately 7.5% of the company’s common stock. Among the noteworthy losers was Yelp (YELP), which tumbled 28% and hit a multi-year low after the local business review site operator reported lower than expected profit and lowered its fiscal year revenue guidance. Also lower following their earnings reports were Akamai (AKAM), which fell 5%, and Level 3 Communications (LVLT), which dropped 6%. INDEXES: Near midday, the Dow was up 94.46, or 0.54%, to 17,724.73, the Nasdaq was up 6.72, or 0.13%, to 5,095.92, and the S&P 500 was up 9.02, or 0.43%, to 2,102.27.
12:07 EDTLVLTLevel 3 weakness an overreaction, says Cowen
Subscribe for More Information
08:20 EDTCTLCenturyLink to become voice service provider for Iowa Communications Network
CenturyLink's unified communications-as-a-service solutions have been added by Iowa Communications Network to its product portfolio. ICN is the State of Iowa government agency that operates a fiber optic broadband network for Iowa's government, healthcare, education and public safety sectors.
08:03 EDTLVLTLevel 3 backs FY15 adjusted EBITDA growth of 14%-17%
Subscribe for More Information
08:02 EDTLVLTLevel 3 reports Q2 EPS 42c, consensus 39c
Reports Q2 revenue $2.06B, consensus $2.08B. Reports Q2 CNS revenue $1.94B. Reports Q2 Deferred revenue $1.17B.
July 28, 2015
07:33 EDTCTLCenturyLink secures endorsement deals wih Emmanuel Sanders and Cliff Avril
CenturyLink announced that it has secured an endorsement deal with Emmanuel Sanders, a wide receiver for the Denver Broncos. The one-year contract will position Sanders as the spokesperson for CenturyLink's marketing campaign in the Denver market that launches this fall. CenturyLink also secured an endorsement deal with Cliff Avril, a defensive end for the Seattle Seahawks. The one-year contract will position Avril as the spokesperson for CenturyLink's marketing campaign in the Seattle market that launches this fall.
July 22, 2015
09:03 EDTCTLCenturyLink expands global data center presence in 1H15
Subscribe for More Information
July 20, 2015
13:18 EDTLVLTOptions with increasing call volume
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use