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CenturyLink Is Diversifying Away From Rural Telecom, Jefferies Says In Upgrade
Tuesday, June 26, 2018 - 4:18pm | 371The sentiment surrounding Centurylink Inc (NYSE: CTL) remains negative and weighed down by its legacy rural telecom association, according to Jefferies. The perception is unjustified and the stock should gain at least 25 percent from where it trades today, in the sell-side firm's view. ...
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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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Dow, S&P 500 Close At Record Highs
Wednesday, November 5, 2014 - 6:04pm | 859U.S. stocks were mostly higher after Republicans took control of the Senate after Tuesday's elections as the Dow Jones Industrial Average (INDEXDJX: .DJI) and S&P 500 (INDEXSP: .INX) both closed at historical all-time highs. "Congress will pass some bills I cannot sign; I'm...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 4:57pm | 1971U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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Netflix Goes Back To Level 3 and Limelight
Tuesday, November 9, 2010 - 9:35am | 192After Akamai (NASDAQ: AKAM) took Netflix's (NASDAQ: NYSE) business from Level 3 (NASDAQ: LVLT) earlier this year and became the primary CDN for Netflix, it appears that Netflix has chosen to return to Level 3 and Limelight, according to Seeking Alpha. Limelight announced last week that Netflix was...
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Telecom World Updates From The Pipe Report
Monday, September 20, 2010 - 8:01am | 475On 9/22, Piper Jaffray will host a webinar to delve deeper in to the European collocation market, featuring Tim Anker, the founder of the Colocation Exchange for a Q&A session monitored by Piper Jaffray analysts. The webinar will begin at 10:30 am EST and can be accessed at www.piperjaffray....