Alternative Carriers

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...

Cusick's Corner If you are trading headlines then this is your market. If you are trading data, well this is a frustrating time. The market has rallied with the weakness in the buck which has been attributed to the rhetoric that the Germans potentially might soften the Greek austerity plan. While...

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...

In a report released today, Deutsche Bank commented on PAETEC Holding (NASDAQ: PAET). In the report, Deutsche Bank was mixed in its assessment of the company. Deutsche Bank writes, "PAET presented a case for improving revenue trends, which it expects to come from a combination of organic core...

First United Corporation (NASDAQ: FUNC) shares gained 6.34% to create a new 52-week high of $6.00. FUNC had $298.41 million in total cash for the latest quarter. Towerstream Corporation (NASDAQ: TWER) shares jumped 1.57% to create a new 52-week high of $5.16. TWER shares have jumped 247.95% over...

Saks Inc (NYSE: SKS) is estimated to post its Q1 EPS at $0.16 on revenue of $724.46 million. Home Depot Inc (NYSE: HD) is projected to report its Q1 earnings at $0.49 per share on revenue of $17.02 billion. Dick's Sporting Goods Inc (NYSE: DKS) is expected to report its Q1 earnings at $0.29 per...

Law firms Seeger Weiss LLP and Cohen Milstein Sellers & Toll PLLC announced today that the U.S. District Court of New Jersey has granted final approval to a proposed settlement of a consumer class action against telecom provider Vonage Holdings Corp. (NYSE: VG) challenging the company's sales...

Akamai Technologies (AKAM)- Akamai provides services for accelerating and improving the delivery of content and applications over the Internet is trading at a price of $33.95, a dramatic change of -0.20 with % change of -0.59 from its previous day's close. Currently, the company has a Market...

Shares of Level 3 Communications (NASDAQ: LVLT) are higher on the session by 6.16%, currently trading at $1.89. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...

Towerstream Corporation (Nasdaq: TWER), a leading 4G service provider, and One Velocity have entered a definitive agreement for Towerstream to acquire certain business assets from One Velocity. Under the terms of the agreement, Towerstream will acquire One Velocity business assets operating in Las...