Alternative Carriers

Kevin Smithen of Macquarie Research upgraded shares of Level 3 Communications (NYSE: LVLT) to Outperform with a $51 price target which was raised from a previous $49. The analyst believes that Level 3 is the best pure-play on thematic and cyclical growth trends within the broadband...

Windstream Holdings (NASDAQ: WIN) shares reached a new 52-week high of $12.864 after the company announced its plans to spin off assets into publicly traded REIT. MicroStrategy (NASDAQ: MSTR) shares touched a new 52-week high of $154.14 on Q2 results. JMP Securities upgraded MicroStrategy from...

Amira Nature Foods (NYSE: ANFI) shares moved up 16.83% to $15.20. The volume of Amira Nature shares traded was 1145% higher than normal. Amira Nature reported better-than-expected fourth-quarter earnings. Covidien plc (NYSE: COV) shares rose 1.41% to $87.97. The volume of Covidien shares traded was...

Covidien plc (NYSE: COV) shares moved up 21.99% to $87.86. The volume of Covidien shares traded was 3599% higher than normal. Medtronic (NYSE: MDT) announced its plans to buy Covidien for $42.9 billion in cash and stock. bluebird bio (NASDAQ: BLUE) shares rose 40.55% to $36.67. The volume of...

TW Telecom (NASDAQ: TWTC) shares reached a new 52-week high of $39.85 after the company agreed to be acquired by Level 3 Communications (NYSE: LVLT) in a stock-and-cash transaction valued at $40.86 per share. SanDisk (NASDAQ: SNDK) gained 2.67% to reach a new 52-week high of $101.10 after the...

bluebird bio (NASDAQ: BLUE) jumped 52.24% to $39.72 following the presentation of positive data on LentiGlobin BB305 at the European Hematology Association (EHA). Covidien plc (NYSE: COV) shares climbed 27.76% to $92.01 after Medtronic (NYSE: MDT) announced its plans to buy Covidien for $42.9...

Below are the top large-cap diversified communication services stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at PT Telekomunikasi Indonesia Tbk (NYSE: TLK) is 24.40%. PT Telekomunikasi Indonesia's revenue for the same period is $7.30...

Columbia Sportswear Company (NASDAQ: COLM) shares touched a new 52-week high of $89.19 after the company announced its plans to purchase prAna lifestyle apparel brand in a $190 million cash transaction. Pepco Holdings (NYSE: POM) shares surged 17.49% to reach a new 52-week high of $26.78 after...

Level 3 Communications (NYSE: LVLT) today announced it has expanded and upgraded its network infrastructure in Latin America to meet growing demand for integrated IP solutions, particularly in Argentina, Brazil, Colombia and Venezuela. According to TeleGeography estimates, international Internet...

Level 3 Communications (NYSE: LVLT) today announced that Walter Scott, Jr., 82, chairman of the Board of Directors of Level 3 has transferred 1.75 million shares of Level 3 common stock to the Suzanne and Walter Scott Foundation, a charitable foundation under Section 501(c)(3) of the Internal...

Level 3 Communications, Inc. (NYSE: LVLT) today announced support for Amazon Web Services (NASDAQ: AMZN) as an AWS Partner Network (APN) Technology Partner. For enterprises addressing the complexities of establishing and optimizing cloud-based services, this partnership leverages the suite of Level...

Level 3 Communications, Inc. (NYSE: LVLT) today announced it has signed an agreement with Canon do Brasil, a regional subsidiary of Canon, Inc., a Japanese company dedicated to developing graphic and document management technologies. Under the terms of the agreement, Level 3 is providing Canon with...

Level 3 Communications (NYSE: LVLT) today announced that its subsidiary, Level 3 Financing, Inc., has successfully completed the marketing of the refinancing of its $1.2 billion senior secured Tranche B-II 2019 Term Loan and received commitments to increase the aggregate principal amount of its...