Alternative Carriers

Global Crossing Ltd. (NASDAQ: GLBC) delivered on its most recent guidance and exceeded our 4Q10 estimates, BGB Securities reports. “The company recorded steady improvements throughout the year, with ongoing sequential top line growth and higher margins,” BGB Securities writes. “Underlying demand...

Intellifiber Networks, a subsidiary of PAETEC Holding Corp. (NASDAQ: PAET) today announced it has won a multi-million dollar contract to provide managed network services to one of the largest data centers in North America. The Richmond, Virginia site, owned and operated by Quality Technology...

Agree Realty Corporation (NYSE: ADC) was upgraded by Janney Capital from "neutral" to "buy." ADC's shares closed at $23.63 yesterday. Agree Realty's trailing-twelve-month operating margin is 60.60%. BofA/Merrill upgraded Realty Income Corporation (NYSE: O) from "neutral" to "buy." Realty Income's...

Analysts at Cowen upgrade tw telecom inc (NASDAQ: TWTC) from “neutral” to “outperform.” TWTC shares gained 0.44% to close at $18.25 yesterday. More Analyst Ratings here

Cusick's Corner The S&P 500 has now doubled its value from two years ago and the tone of the overall market remains upbeat. Corporate earnings are staying positive. The FOMC Minutes that were released today sounded more optimistic about the nation's recovery; however they were not satisfied...

( click to enlarge ) Sirius XM Radio Inc. (NASDAQ:SIRI) broke out last week with very good volumes. The stock could touch an upside target of $2 in the medium term. SIRI will face some resistance in the zone between $1.85 and $1.88. Once this zone is surpassed, there can be a rally to $2 and...

PRE-MARKET MOVERS (KOG),(VG),(GPS),(SPPI),(LPH),(EXK),(PZG)...

Vonage Holdings Corp. (NYSE: VG) today announced results for the fourth quarter and full year ended December 31, 2010. Vonage reported record adjusted earnings before interest, taxes, depreciation and amortization of $41 million, an increase from $35 million sequentially and up from $34 million in...

Arbinet Corporation (Nasdaq: ARBX) announced that it signed a definitive agreement to sell its portfolio of patents and patent applications for a purchase price of $4,000,000 to AIP Acquisition LLCon February 11, 2011. Arbinet's patent sale to AIP is expected to close this week. In connection...

Akamai Tech (NASDAQ: AKAM) posted strong 4Q results across the board, but the company's 1Q11 guidance was weak as its business has become more cyclical and major media customers renew contracts at lower prices, Oppenheimer reports. “We assume the customers were using stronger volume growth and...

PAETEC Holding Corp. (NASDAQ: PAET) today announced that it has signed a definitive agreement to acquire XETA Technologies, Inc. (NASDAQ: XETA) for $5.50 per share in cash valued at approximately $61 million.

According to Citi, TW Telecom (NASDAQ: TWTC) showed better overall sequential revenue growth of 1.4% vs. Citi's estimate and consensus of ~1.1% with better carrier segment performance and similar sequential enterprise revenue growth of ~1.5% vs. 3Q. Norm. OIBDA of $119.4 million was ahead of Citi's...

Citigroup has raised the price target on TW Telecom (NASDAQ: TWTC) from $21 to $22 and maintains its Buy rating.

tw telecom inc. (Nasdaq: TWTC) today announced its fourth quarter 2010 financial results, including $324.8 million of revenue, $119.4 million of Modified EBITDA, $26.4 million of levered free cash flow and net income of $17.5 million. For the year, the Company reported $1.273 billion in revenue...

Deutsche Bank reiterated its TW Telecom (NASDAQ: TWTC) Buy rating in a research report published today. In the report, Deutsche Bank states, "We expect TWTC to report in-line 4Q10 results, reflecting modest QoQ revenue growth as the carrier continues to win share in the business market. While we...