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Stock Market & Financial Investment News

News Breaks
June 2, 2014
04:55 EDTWIN, WIN, EQIX, EQIX, ULTI, ULTIStephens to hold group dinners around conference
2 Days of Dinner Meetings with Management, being held in conjunction with Stephens' Spring Conference, will be held in New York on June 2-3 at 6:30 pm.
News For WIN;EQIX;ULTI From The Last 14 Days
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December 18, 2014
16:28 EDTEQIXEquinix entered into $1.5B credit line
On December 17, Equinix, as borrower, the Equinix subsidiaries Equinix and Switch & Data as guarantors, a syndicate of financial institutions, as lenders entered into a Credit Agreement in an aggregate principal amount of $1,500,000,000, comprised of (i) a $1,000,000,000 senior secured multi-currency revolving credit facility (the “Revolving Facility”) and (ii) a $500,000,000 senior secured term loan facility. The Senior Credit Facility has a maturity date of December 17, 2019.
07:16 EDTWINWindstream provides update on REIT spinoff
Windstream provided an update on its planned REIT spinoff. Windstream announced it is refining the transaction structure in certain respects to benefit both Windstream and the REIT. Windstream now expects to retain 19.9% of the shares in the REIT and distribute the remaining 80.1% to Windstream stockholders. The retained shares will be sold opportunistically during a 12-month period following the spinoff, subject to market conditions, with the net proceeds used to retire debt.
December 12, 2014
10:41 EDTWINHigh option volume stocks:
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07:02 EDTWINWindstream names Bob Gunderman as CFO
Windstream announced that Bob Gunderman has been named CFO for the company, effective immediately. Gunderman has been serving as interim CFO since Oct. 1. He will retain his current treasury duties while the company conducts a search for a permanent treasurer.
December 11, 2014
17:01 EDTWINWindstream appoints Tony Thomas as CEO
Windstream Holdings announced that Tony Thomas has been appointed president and CEO and a director of Windstream, effective immediately. Thomas succeeds Jeff Gardner, the company's current president and CEO, who will stay on as senior adviser to the CEO and as a member of the board through Feb. 1, 2015, to ensure an orderly transition. Thomas has principally served as Windstream's CFO over the past eight years and most recently as the company's president of real estate investment trust operations.
07:34 EDTEQIXBarclays to hold a bus tour
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December 8, 2014
09:26 EDTULTIUltimate Software management to meet with Barrington
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07:28 EDTEQIXFBN Securities to hold a bus tour
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