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Stock Market & Financial Investment News

News Breaks
June 17, 2014
08:14 EDTCTL, TWTC, LVLTLevel 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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September 3, 2015
11:12 EDTLVLTLevel 3 bounceback aided by second bullish note in two days
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10:03 EDTLVLTOn The Fly: Analyst Upgrade Summary
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06:58 EDTLVLTLevel 3 upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Level 3 Communications to Outperform with a $53 price target. The firm said consensus expectations have been reset and sees upside to cost savings, new service introductions, and likely M&A or buybacks.
September 2, 2015
10:22 EDTLVLTCiti says buy AT&T as DirecTV deal protects dividend
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06:25 EDTLVLTAT&T upgraded to Buy from Neutral at Citi
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September 1, 2015
16:59 EDTCTLCenturyLink sees FCC funding boosting Q3 EPS by 16c
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August 31, 2015
08:15 EDTCTLCenturyLink to provide voice service for Texas Health and Human Services
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