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Benzinga's Top Initiations
Tuesday, September 22, 2015 - 8:00am | 398Read More...Analysts at Barclays initiated coverage on ISIS Pharmaceuticals, Inc. (NASDAQ: ISIS) with a Equal-weight rating. The target price for ISIS Pharmaceuticals is set to $60. ISIS Pharmaceuticals shares closed at $50.20 on Monday. RBC Capital initiated coverage on Centurylink Inc (NYSE: CTL) with a...
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Earnings Scheduled For July 29, 2015
Wednesday, July 29, 2015 - 3:38am | 1265Read More...Mastercard Inc (NYSE: MA) is expected to report its quarterly earnings at $0.85 per share on revenue of $2.41 billion. Facebook Inc (NASDAQ: FB) is estimated to post its quarterly earnings at $0.47 per share on revenue of $3.99 billion. Booz Allen Hamilton Holding Corporation (NYSE: BAH) is...
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Level 3 Acquires DDoS Mitigation Company Black Lotus, No Terms
Wednesday, July 1, 2015 - 12:30pm | 291Read More...Global telecommunications provider Level 3 Communications, Inc. (NYSE: LVLT), announced it acquired privately held Black Lotus, a provider of global Distributed Denial of Service (DDoS) mitigation services. The acquisition of Black Lotus represents another step in Level 3's continued commitment to...
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Goldman Sachs Initiates Level 3 Communications With Buy
Thursday, May 28, 2015 - 8:00am | 64Read More...Goldman Sachs initiated coverage on Level 3 Communications, Inc. (NYSE: LVLT) with a Buy rating. The target price for Level 3 Communications is set to $67. Level 3 Communications shares have gained 28.85 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the...
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Level 3 Q1 Profit Tops Expectations
Wednesday, April 29, 2015 - 8:32am | 218Read More...Level 3 Communications, Inc. (NYSE: LVLT) reported upbeat earnings for its first quarter on Wednesday. For 2015, Level 3 also lifted its forecast for adjusted earnings before interest, taxes, depreciation and amortization. The Broomfield, Colorado-based company reported a quarterly profit of $122...
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Deutsche Bank Bullish On Defense Stocks After 'Positive Inflection' In U.S. Defense Spending
Thursday, March 19, 2015 - 11:10am | 459Read More...Editor's note: A previous version of this story incorrectly listed Level 3 Communications, Inc.(NYSE: LVLT) as among the companies in Deutsche Bank's report. This has since been changed to reflect the correct company, L-3 Communications. A recent report by Deutsche Bank focused on the U.S....
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UPDATE: Level 3 Communications Posts Upbeat Q4 Earnings
Wednesday, February 4, 2015 - 9:11am | 157Read More...Level 3 Communications Inc. (NYSE: LVLT) reported upbeat earnings for the fourth quarter. The Broomfield, Colorado-based company reported a quarterly profit of $66 million, or $0.21 per share, versus a year-ago profit of $14 million, or $0.06 per share. Excluding certain items, the company earned $...
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Earnings Scheduled For February 4, 2015
Wednesday, February 4, 2015 - 5:08am | 1165Read More...Asbury Automotive Group, Inc. (NYSE: ABG) is estimated to report its Q4 earnings at $1.01 per share on revenue of $1.48 billion. General Motors Company (NYSE: GM) is projected to report its Q4 earnings at $0.83 per share on revenue of $40.12 billion. Yum! Brands, Inc. (NYSE: YUM) is estimated to...
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Intelsat Expands Fiber Services Across North America With Level 3
Tuesday, December 2, 2014 - 8:04am | 198Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced it is providing Intelsat S.A., a leading provider of satellite services, with network connectivity to its new North America headquarters in Tysons Corner, Virginia, in addition to other locations throughout the United States. The coast-to-...
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Level 3 Announces Pricing of Private Offering Of Senior Notes
Monday, November 17, 2014 - 4:51pm | 198Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced it has agreed to sell $600 million aggregate principal amount of its 5.75% Senior Notes due 2022 in a private offering to "qualified institutional buyers," as defined in Rule 144A under the Securities Act of 1933, as amended, and non-U.S....
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UPDATE: Level 3 Posts Q3 Profit
Wednesday, November 5, 2014 - 8:57am | 200Read More...Level 3 Communications (NYSE: LVLT) posted a profit in the third quarter. The Broomfield, Colorado-based company reported a quarterly profit of $85 million, or $0.35 per share, versus a year-ago loss of $21 million, or $0.09 per share. The latest quarter included expenses of $7 million related to...
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Earnings Scheduled For November 5, 2014
Wednesday, November 5, 2014 - 5:05am | 1432Read More...Time Warner (NYSE: TWX) is expected to report its Q3 earnings at $0.94 per share on revenue of $6.16 billion. CenterPoint Energy (NYSE: CNP) is projected to report its Q3 earnings at $0.30 per share on revenue of $1.75 billion. Tesla Motors (NASDAQ: TSLA) is expected to post a Q3 loss at $0.01 per...
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Benzinga's Top Upgrades
Tuesday, November 4, 2014 - 9:14am | 141Read More...Analysts at SunTrust Robinson Humphrey upgraded Eastman Chemical Company (NYSE: EMN) from Neutral to Buy. The price target for Eastman Chemical has been raised from $89 to $95. Eastman Chemical's shares closed at $82.03 yesterday. Goldman Sachs upgraded SLM (NASDAQ: SLM) from Neutral to Buy. SLM's...
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Citigroup Upgrades Level 3 Communications To Buy
Tuesday, November 4, 2014 - 8:28am | 59Read More...Analysts at Citigroup upgraded Level 3 Communications (NYSE: LVLT) from Hold to Buy. The price target for Level 3 Communications has been raised from $44.00 to $55.00. Level 3 Communications shares have gained 52.57% over the past 52 weeks, while the S&P 500 index has surged 14.46% in the same...
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Level 3 Announces Marketing of New Tranche B 2022 Term Loan
Monday, October 6, 2014 - 7:12am | 145Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced that Level 3 Financing, Inc., its wholly owned subsidiary ("Level 3 Financing"), has begun the marketing of a new senior secured tranche under its existing senior secured credit facility (the "Tranche B 2022 Term Loan"). The net proceeds...
