Alternative Carriers

Globalstar (Nasdaq: GSAT) today announced that it has completed a private placement with select current institutional investors including Thermo Funding Company LLC, to raise initial gross proceeds of $38 million, before deducting fees and other offering expenses. Additionally, investors have the...

Vitacost.com Inc (NASDAQ: VITC) dipped 61.40% to $2.20 in the pre-market session. Vitacost's common stock will resume trading on June 20 on the NASDAQ Global Market under the symbol “VITC”. Human Genome Sciences Inc (NASDAQ: HGSI) dropped 4.57% to $24 in the pre-market trading. HGSI's trailing-...

The “Golden Cross” is a major bullish technical indicator. It occurs when a stock's 50-day simple moving average crosses above its 200-day simple moving average. The “Golden Cross,” like most technical indicators, should never be used alone, but is a significant event to consider when evaluating a...

According to Citi, TW Telecom (NASDAQ: TWTC) Buy rating is reiterated. Citi said that it met with TW Telecom's management team in Denver in addition to some additional private & public Telco providers that serve Business and Wholesale (B&W) customers. “CenturyLink's efforts to expand into...

Citi provided color on TW Telecom (NASDAQ: TWTC) and Anadarko Petroleum Corporation (NYSE: APC) after meetings with the companies' management. In a research report published today, Citi reiterated its optimism about TW as the rating agency states, "We remain a Buyer of TW Telecom as our top- pick...

High beta stocks have large price fluctuations, and thus, have big potential for profits. On the other hand, they also have big potential for losses. Traders love stocks with high beta values since it is, in essence, a way to maximize leverage and garner higher returns. Beta is a calculation of a...

Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that its Board of Directors has determined that the acquisition of more than 4.9 percent of the company's shares of common stock by an institutional investor, as reported on a Schedule 13G filed with the SEC on May 23, 2011, is an exempted...

Level 3 Communications, Inc. (Nasdaq: LVLT) announced today that Thomas C. Stortz has been named executive vice president, chief administrative officer and secretary for the company with a broad range of responsibilities. Stortz, who had served as the company's chief legal officer since 1998,...

President Obama appoints Larissa Herda, tw telecom Chairman, CEO and President, to the President's National Security Telecommunications Advisory Committee effective June 2, 2011. tw telecom (NASDAQ: TWTC), is a leading provider of managed services, including Business Ethernet, converged and VPN...

According to Oppenheimer, PAETEC (NASDAQ: PAET) has completed its acquisition of XETA Technologies (NASDAQ: XETA). In this morning's report, Oppenheimer writes "Paetec Holding (PAET, $4.46, Not Rated) announced it has completed its acquisition of XETA Technologies (XETA, $5.49, Not Rated). The...

Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has signed an agreement with Information Television Network, a producer of health and wellness broadcast programming based in Florida, to provide bandwidth support for the company's expanding production needs. Due to increased...

USA Technologies Inc (NASDAQ: USAT) shares advanced 7.59% to $2.55 in the pre-market session. Analysts at initiated Northland Securities initiated coverage of USAT with an “outperform” rating. Level 3 Communications Inc (NASDAQ: LVLT) shares advanced 4.55% to $2.30 in the pre-market session. LVLT...

Level 3 Communications, Inc. (Nasdaq: LVLT) today announced that Level 3 Escrow, Inc., its newly formed, wholly owned subsidiary, plans to offer $500 million aggregate principal amount of senior notes that will mature in 2019 and will bear interest at a fixed rate in a proposed private offering to...

Shares of Global Crossing Limited (NASDAQ: GLBC) are higher on the session by 5.64%, currently trading at $32.02. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...

GT Solar International Inc (NASDAQ: SOLR) shares gained 11.10% to create a new 52-week high of $12.91. SOLR reported upbeat Q4 earnings and lifted its FY12 earnings forecast. Global Crossing Ltd (NASDAQ: GLBC) shares jumped 4.29% to create a new 52-week high of $31.61. GLBC announced its plans to...