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Stock Market & Financial Investment News

News Breaks
January 14, 2013
05:26 EDTLVLTLevel 3 receives contract with NATO
Level 3 Communications B.V., an affiliate of Level 3 Communications, announced that the company has signed a contract with the NATO Communications and Information Agency, or NCIA, to install and maintain an IP Virtual Private Network to be used by the NATO-Russia Council Cooperative Airspace Initiative, or NRC CAI. The aim of this initiative is to enhance airspace transparency between NATO and Russia, identify any suspicious aircraft activities, and provide early warnings through the monitoring of NATO-Russian airspace. As part of this project, the Level 3 network will connect a range of NATO monitoring facilities and enable real-time display and observation of commercial airspace activities.
News For LVLT From The Last 14 Days
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September 17, 2014
15:46 EDTLVLTApple using own CDN, not Akamai, Level 3, for iOS 8, StreamingMediaBlog says
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10:16 EDTLVLTFollow-up: Level 3 upgraded at DA Davidson
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09:57 EDTLVLTLevel 3 upgraded to Buy from Neutral at DA Davidson
September 8, 2014
16:25 EDTLVLTLevel 3, tw telecom receive U.S. DOJ approval of merger
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September 5, 2014
10:39 EDTLVLTAkamai seen as 'Google of Internet infrastructure' by UBS
Shares of Akamai (AKAM) are advancing after UBS began coverage of the stock with a positive view, calling the company "the Google of Internet Infrastructure." Akamai provides infrastructure for delivering content over the Internet. WHAT'S NEW: UBS analyst Steven Milunovich initiated coverage of Akamai with a Buy rating in a note to investors today. Like Google (GOOG), Akamai relies on sophisticated algorithms, the analyst stated. Increased demand for Internet media delivery could cause the Internet content delivery sector to perform better than expected, Milunovich believes. Akamai's strong reliability is difficult to match, which should enable it to fend off competition in the space, according to the analyst. Moreover, Milunovich is upbeat on the company's new security and cloud initiatives. He set a $70 price target on the shares. OTHERS TO WATCH: Other companies in the Internet content delivery space include Limelight Networks (LLNW) and Level 3 (LVLT). PRICE ACTION: In mid-morning trading, Akamai rose nearly 1% to $60.91.
September 4, 2014
08:09 EDTLVLTLevel 3 expands network in Apharetta, Georgia
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