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Stock Market & Financial Investment News

News Breaks
June 18, 2014
09:51 EDTLVLT, TWTCFitch affirms Level 3's IDR at B+ following acquisition of tw telecom
Fitch Ratings has affirmed the 'B+' Issuer Default Rating assigned to Level 3 Communications (LVLT) and its wholly owned subsidiary Level 3 Financing. In addition, Fitch has affirmed the specific issue ratings assigned to LVLT and Level 3 Financing. The Rating Outlook remains Stable. Approximately $8.4B of LVLT's consolidated debt as of March 31, 2014 is affected by Fitch's actions. Fitch's action follows LVLT's announcement that it has agreed to acquire tw Telecom (TWTC) in a cash and stock transaction valued at approximately $5.7B.
News For LVLT;TWTC From The Last 14 Days
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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.
March 13, 2015
09:20 EDTLVLTBofA/Merrill media/telecom analysts hold analyst/industry conference call
Media & Telecom Analyst Reif-Cohen and Barden, along with Matthew Brill, Pratner at Latham & Watkins LLP, discuss the FCC Open Internet Order on an Analyst/Industry conference call to be held on March 13 at 11 am.

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