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Wells Fargo Downplays M&A Chatter On Charter
Tuesday, August 15, 2017 - 9:34am | 527Investors holding on to Charter Communications, Inc. (NASDAQ: CHTR) under the assumption that pending M&A will boost the stock higher may want to reconsider, at least according to analysts at Wells Fargo. Over the past few months Charter has been named as a potential acquisition target but...
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Wells Fargo Weighs In On Level 3 Exploring Strategic Alternatives
Wednesday, July 13, 2016 - 1:01pm | 249Benzinga Pro on Wednesday morning reported that Level 3 Communications, Inc. (NYSE: LVLT) is reviewing strategic alternatives to maximize shareholder value, including outright sale or a large buyback. Shares of Level 3 hit a new 52-week high of $57.59 and was trading recently at $56.28, up 3.49...
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Level 3 Communications Details Expansion Plans To Europe, Shares Tick Higher
Tuesday, April 19, 2016 - 1:59pm | 309Shares of Level 3 Communications, Inc. (NYSE: LVLT) were trading higher by more than 0.5 percent mid-Tuesday afternoon after the company detailed an expansion plan to Europe. Level 3 Communications said it's expanding its Voice Complete enterprise communications solution to several...
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Ruckus Investors Win Big; Brocade Purchasing Co. For $14.43/Share In Total Value
Monday, April 4, 2016 - 9:33am | 484Shares of Ruckus Wireless Inc (NYSE: RKUS) surged higher by more than 30 percent ahead of Monday's market open after Brocade Communications Systems, Inc. (NASDAQ: BRCD) confirmed it will acquire the company in a cash and stock transaction. As part of the agreement, Ruckus shareholders will receive...