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BROOMFIELD, Colo.--(BUSINESS WIRE)-- Level 3 Communications, Inc. (NASDAQ: LVLT) today issued the following statement, which can be attributed to John Ryan, Assistant Chief Legal Officer of Level 3 Communications, Inc.: “Level 3 applauds the landmark ruling by the Federal Communications Commission...

BROOMFIELD, Colo.--(BUSINESS WIRE)-- Level 3 Communications, Inc. (NASDAQ: LVLT) today issued the following statement, which can be attributed to John Ryan, Assistant Chief Legal Officer of Level 3 Communications, Inc.: “Level 3 applauds the landmark ruling by the Federal Communications Commission...

Citigroup is out with a research report this morning, where it upgrades shares of TW Telecom (NASDAQ: TWTC) to Buy/High Risk, from Hold/Speculative; it has a $21.00 price target on the stock. The Citi analysts said that their upgrade was based on the following: 1) “Prospects for seq. revenue...

Thoratec Corporation (NASDAQ: THOR) was upgraded by UBS from “neutral” to "buy." THOR's shares closed at $28.19 yesterday. Thoratec's PEG ratio is 0.89. Deutsche Bank upgraded Amedisys Inc (NASDAQ: AMED) from "hold" to "buy." AMED's shares closed at $29.23 yesterday. Amedisys' PEG ratio is 0.49....

Citigroup is upgrading TW Telecom (NASDAQ: TWTC) from Hold to Buy.

Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Levels 3 Communications (NASDAQ: LVLT) 10,102 puts, 244 calls 2. Fluor Corp. (NYSE: FLR) 5,943 puts, 627 calls 3. Santander Finance (NYSE: STD) 2,539 puts, 364 calls 4. Arcelor Mittal...

Shares of Level 3 Communications (NASDAQ: LVLT) are higher on the session by 1.06%, trading at $0.95. Overall put volume is now running at 8.17x the daily average, with 0% of all puts traded being purchases on the offer. 5,032 contracts have traded on the session so far. Level 3 Communications,...

A global provider of distributed e-business infrastructure services and solutions, Akamai Technologies Inc. (AKAM) announced that its Dynamic Site Accelerator and Media Delivery solutions has been selected by Diesel, the international lifestyle brand. Akamai's solution will help Diesel...

A global provider of distributed e-business infrastructure services and solutions, Akamai Technologies Inc. (AKAM) announced that its Dynamic Site Accelerator and Media Delivery solutions has been selected by Diesel, the international lifestyle brand. Akamai's solution will help Diesel...

Global Crossing Limited (Nasdaq: GLBC) today announced third quarter results for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK). For the third quarter of 2010, GCUK generated revenue of 75 million pounds and Operating Income Before Depreciation and Amortization (OIBDA) of...

Premiere Global Services, Inc. (NYSE: PGI), a global leader in virtual meetings, announced today the final results of its “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on Friday, December 3, 2010. PGi today accepted for purchase 8,104,695 shares of its common stock...

PAETEC Holding Corp. (NASDAQ: PAET) and FTS Ltd. announced that PAETEC's wholly-owned subsidiary, PAETEC Software Corp. has signed a definitive agreement to acquire the entire assets and assume certain liabilities of Formula Telecom Solutions, Inc., a wholly-owned subsidiary of FTS, in a $13...

j2 Global Communications Inc. (JCOM), a leading unified collaborative messaging solutions provider, recently acquired Canada-based Protus IP Solutions Inc. Protus is a Software-as-a-service (SaaS) solutions provider for business enterprises.  j2 Global paid approximately $213 million in cash for...

j2 Global Communications Inc. (JCOM), a leading unified collaborative messaging solutions provider, recently acquired Canada-based Protus IP Solutions Inc. Protus is a Software-as-a-service (SaaS) solutions provider for business enterprises.  j2 Global paid approximately $213 million in cash for...

Level 3 Communications, Inc. (NASDAQ: LVLT) today issued the following statement. Level 3 and Comcast have been in a disagreement over Comcast's NASDAQ: CMCSA) announced intention to demand an ongoing payment from Level 3 and others for delivering content to Comcast, such as movies, that Comcast's...