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Lacoste Signs Agreement with Lacoste Affiliate in Brazil
Monday, September 9, 2013 - 6:09am | 193Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has signed an agreement with Lacoste's affiliate, Devanlay Ventures do Brasil Ltda., which manufactures and sells Lacoste products, such as clothing and accessories, in Brazil. Through the agreement, Level 3's virtual hosting, data...
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Level 3 Will Provide Praxair Colombia with Telecom Services
Wednesday, September 4, 2013 - 6:15am | 89Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has signed an agreement with Praxair Colombia, a regional subsidiary of Praxair, Inc, (NYSE: PX) one of the largest industrial gas companies in the world. The new agreement expands Level 3's existing relationship with the company,...
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Level 3 Reports Refinancing of $595.5M Tranche B 2016 Term Loan, Expecting Loss of $0.04/Share
Friday, August 16, 2013 - 7:02am | 183Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced that its subsidiary, Level 3 Financing, Inc., has successfully completed the marketing of the refinancing of its senior secured Tranche B 2016 Term Loan, which follows the successful refinancing of its $815 million Tranche B 2019 Term Loan...
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Level 3 Announces Refinancing of $815M Term Loan
Monday, August 12, 2013 - 3:31pm | 541Read More...Level 3 Communications (NYSE: LVLT) today announced that its subsidiary, Level 3 Financing, Inc., has successfully completed the refinancing of its senior secured Tranche B 2019 Term Loan. The $815 million Tranche B-III 2019 Term Loan will bear interest at LIBOR plus 3.00 percent, with a minimum...
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Benzinga's Top Initiations
Monday, August 5, 2013 - 7:38am | 152Read More...Analysts at JP Morgan initiated coverage on shares of Pentair (NYSE: PNR) with an “overweight” rating. The target price for Pentair is set to $75. Pentair's shares closed at $62.53 on Friday. Roth Capital initiated coverage on shares of Canadian Solar (NASDAQ: CSIQ) with a “buy” rating. The...
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Level 3 Issues Statement, Says Pact Has Ended on Global Crossing Purchase
Thursday, July 11, 2013 - 3:32pm | 262Read More...Recent media attention has focused on a 2003 "network security agreement" between Global Crossing and "Team Telecom" – a collection of U.S. government agencies that includes the Department of Defense and the Department of Homeland Security. Many of these reports leap to conclusions that are...
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Monaco Telecom, Level 3 Announce Strategic Agreement
Thursday, June 20, 2013 - 4:56am | 140Read More...Level 3 Communications, Inc. (NYSE: LVLT) and Monaco Telecom have announced the signing of a strategic agreement that will connect the Principality of Monaco to Level 3's global Internet backbone network. As a result, Monaco Telecom will meet increased enterprise and consumer demand for more...
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Level 3 Announces Jeff K. Storey as Chief Executive Officer
Thursday, April 11, 2013 - 7:01am | 973Read More...Level 3 Communications (NYSE: LVLT) today announced that Jeff K. Storey has been appointed by the Board of Directors to be the company's president and chief executive officer (CEO), effective immediately. Mr. Storey was also nominated for election to the Board of Directors at the company's Annual...
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Benzinga's Top Initiations
Tuesday, April 9, 2013 - 6:58am | 161Read More...Analysts at Deutsche Bank initiated coverage on shares of Level 3 Communications, Inc (NYSE: LVLT) with a “buy” rating. The target price range for Level 3 Communications is set to $26.00. Level 3 Communications shares closed at $20.00 yesterday. Analysts at Canaccord Genuity initiated coverage on...
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Level 3 Named Provider on US General Services Contract
Wednesday, April 3, 2013 - 7:20am | 344Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced that the U.S. General Services Administration (GSA) has awarded the company a multiple year competitive contract known as GSA Region 4 Integrated Telecommunications Services (GRITS) II. The contract allows Level 3 to bid on and provide...
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A Peek Into The Market Before The Trading Starts
Monday, March 11, 2013 - 6:22am | 389Read More...Pre-open movers US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dropped 17 points to 14,363.00 and S&P 500 index futures fell 2.60 points to 1,549.60. Nasdaq 100 futures declined 5.25 points to 2,801.50. A Peek Into Global Markets European markets were...
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Level 3 Announces New Agreement with La Caridad
Monday, March 11, 2013 - 6:04am | 197Read More...Level 3 Communications, Inc. (NYSE: LVLT) today announced that Grupo La Caridad, the leading poultry producer and poultry genetics research company in Venezuela, has expanded its Level 3 Internet Protocol Virtual Private Network (IP VPN) solution to its subsidiary, Avicola la Rosita, headquartered...
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Level 3 CEO James Q. Crowe to Leave by End of 2013
Thursday, March 7, 2013 - 5:54am | 225Read More...Level 3 Communications, Inc. (NYSE: LVLT) today issued a statement concerning leadership transition planning for the company. (Logo: http://photos.prnewswire.com/prnh/20111004/LA77008LOGO) The company announced that its chief executive officer, James Q. Crowe, has informed the Board of...
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Level 3 Communications Announces Board Appointment
Thursday, February 28, 2013 - 4:30pm | 486Read More...Level 3 Communications, Inc. (NYSE: LVLT), today announced the appointment of Peter van Oppen to its board of directors. The appointment brings the total number of board members to 14. Mr. van Oppen has been a partner at Trilogy Partnership, a private investment firm focused on technology and...
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The Week Ahead: Earnings from McGraw-Hill, Cisco, Pepsi; Chinese New Year
Friday, February 8, 2013 - 4:04pm | 990Read More...Earnings season is beginning to wind down, but the second full week of February will still be full of earnings reports from a variety of companies. Companies as diverse as McGraw-Hill (NYSE: MHP), Michael Kors (NYSE: KORS), Goodyear Tire (NASDAQ: GT), Cisco (NASDAQ: CSCO), Zillow (NASDAQ: Z),...
