Alternative Carriers

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 146.58% to $3.96 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Surging 57.09% to $23.25 after Level 3 Communications (...

For those of you around in the late 90s, you most likely will remember Global Crossing (which at the time had a different symbol).  This was the company that went haywire laying fiber optic cable across the earth, including across ocean floors, in anticipation of the boom of the internet.  While...

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 145.96% to $3.96 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Surging 57.91% to $23.37 after Level 3 Communications (...

By 10:50 am, the Dow Jones Industrial Average was up 51.16 points, or 0.41%, to 12,431.21, while the broader Standard & Poor's 500 index had gained 3.35 points, or 0.25%. The NASDAQ composite index rose 0.88 point, or 0.03%. Some of the narrow based indexes that are supporting the markets are...

Global Crossing (NASDAQ: GLBC) has hit a 52-week high in today's trading. At last check the year-to-date performance of Global Crossing has been a gain of 78.6%.

Global Crossing Ltd (NASDAQ: GLBC) shares moved up 62.97% to $24.12 at 10:20 am. The volume of GLBC shares traded was 10482%higher than normal. Level 3 Communications Inc (NASDAQ: LVLT) agreed to purchase GLBC for about $1.9 billion. American Medical Systems Holdings Inc (NASDAQ: AMMD) shares rose...

Global Crossing Ltd (NASDAQ: GLBC) shares rose 77.70% to create a new 52-week high of $26.30. Level 3 Communications Inc (NASDAQ: LVLT) agreed to purchase GLBC for about $1.9 billion. Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP) shares gained 6.61% to create a new 52-week high of $43.55. ENDP...

At 10:05 am, the Dow gained 0.41% to 12,430.31, the broader Standard & Poor's 500 index moved up 0.29% to 1,332.07 and the NASDAQ composite index rose 0.07% to 2,782.33. The industries that are supporting the market today are: Electronics Stores: This industry jumped 1.32% by 10:15 am. The...

Best 1) Tasty Baking Company (NASDAQ: TSTY): Stock has jumped a resounding 146.58% to $3.97 after Flowers Foods (NYSE: FLO) revealed plans to buy the company for $4 per share in an all-cash arrangement. 2) Global Crossing (NASDAQ: GLBC): Vaulting 76.16% to $26.22 after Level 3 Communications (...

Tasty Baking Company (NASDAQ: TSTY) shares surged 146.58% to $3.97 at 9:45 am. Flowers Foods Inc (NYSE: FLO) announced its plans to acquire TSTY for about $4.00 per share. Global Crossing Ltd (NASDAQ: GLBC) shares advanced 77.70% to $26.30. Level 3 Communications Inc (NASDAQ: LVLT) agreed to...

Shares of Shaw Group Inc (NYSE: SHAW) gained about 1.2% about after the company reported its FQ2 profit at $2 million, or $0.01 per share, down from $61.5 million, or $0.72 per share, in the year-ago period. The company's revenue dropped to $1.42 billion from $1.62 billion. On an adjusted basis,...

Best 1) Global Crossing (NASDAQ: GLBC): Vaulting 74.19% to $25.78 after Level 3 Communications (NASDAQ: LVLT) announced that it will acquire the company in an all-stock purchase (16 shares of Level 3 common stock for each share of Global Crossing common or preferred). 2) American Medical Systems...

You better figure out what you're gonna wear, because it's another manic merger Monday. So far, we've seen Level 3 Communications (NASDAQ: LVLT) buying Global Crossing Ltd. (NASDAQ: GLBC) for a 50%+ premium, as the company looks to expand its offerings across the globe. The deal is worth $23.04...

Tasty Baking Company (NASDAQ: TSTY) shares surged 142.24% to $3.90 in the pre-market session. Flowers Foods Inc (NYSE: FLO) announced its plans to acquire TSTY for about $4.00 per share. Global Crossing Ltd (NASDAQ: GLBC) shares advanced 53.72% to $22.75 in the pre-market session. Level 3...

Global Crossing (NASDAQ: GLBC) is trading significantly higher during pre-market after receiving a $23.04 per share offer from Level 3 Communications (NASDAQ: LVLT). At the time of posting, shares of GLBC were trading pre-market at $22.51, up 52.09% from Friday's close.