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Financial Breakfast: Morning News Summary for February 23, 2012
Thursday, February 23, 2012 - 7:25am | 1119Thursday, February 23, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Kohls (NYSE: KSS) Reports Q4 EPS $1.81 vs $1.80 Est; Revenues $6.00B vs $6.06B Est OfficeMax (NYSE: OMX) Reports Q4 EPS $0....
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Financial Breakfast: Morning News Summary for February 08, 2012
Wednesday, February 8, 2012 - 7:27am | 1173Wednesday, February 8, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. When Ronald Reagan took office, the U.S. national debt was only about 1 trillion dollars. Benzinga's Top News Roche Holding (OTC: RHHBY) may not...
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Level 3 Selected by NBC and NFL to Deliver Super Bowl XLVI in High Definition
Wednesday, February 1, 2012 - 8:03am | 130Level 3 Communications, Inc. (NYSE: LVLT) today announced it will provide live, high definition (HD) television broadcast video services to NBC for Super Bowl XLVI on Feb. 5, using Level 3's Vyvx VenueNet+ technology. The Super Bowl is the most-watched television event of the year. Last year's...
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From Earlier: Level 3 Announces Pricing of Private Offering of Senior Notes
Wednesday, January 11, 2012 - 7:04am | 214Level 3 Communications, Inc. (NYSE: LVLT) yesterday announced that Level 3 Financing, Inc., its wholly owned subsidiary, has agreed to sell $900 million aggregate principal amount of its 8.625% Senior Notes due 2020 in a private offering to "qualified institutional buyers," as defined in Rule 144A...
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Level 3 Announces Proposed $350M Private Offering of Senior Notes
Tuesday, January 10, 2012 - 7:32am | 103Level 3 Communications, Inc. (NYSE: LVLT) today announced that its subsidiary, Level 3 Financing, Inc., plans to offer $350 million aggregate principal amount of senior notes that will mature in 2020 and will bear interest at a fixed rate in a proposed private offering to "qualified institutional...
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Level 3 Selected by iMusti to Deliver Caching and Download Service
Monday, January 9, 2012 - 8:18am | 55Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has signed an agreement with iMusti, Inc., a worldwide provider of music and video content produced in India, to deliver Level 3's Caching and Download service, providing one of the fastest uninterrupted audio and video streaming...
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Jabil Circuit Moving Away from Resistance; Level 3 Near Resistance Level
Friday, January 6, 2012 - 12:48pm | 294New York, January 5th (TradersHuddle.com) – After stocks gained following encouraging jobs figures, which offset euro zone debt jitters, we identified the following trading ideas. Shares of Jabil Circuit, Inc. (NYSE: JBL) closed the trading session at $20.76 just above calculated resistance at $20...
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Top 10 Tech Picks for 2012
Wednesday, December 28, 2011 - 12:58pm | 2436By Sean Udall Dec 28, 2011 9:20 am Looking for tech stocks set for growth in the coming year? Consider these expert-selected names. Sean Udall is the author of the TechStrat Report, a tech focused newsletter. The following is a free sample. Take a free trial! There are many potential...
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Notable Call Options Activity on Level 3 Communications
Wednesday, December 28, 2011 - 11:13am | 98Shares of Level 3 Communications (NASDAQ: LVLT) are lower on the session by 2.90%, trading at $16.73. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. The strike seeing the...
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Level 3 Communications Completes Technical Amendment to Stockholder Rights Agreement
Wednesday, November 30, 2011 - 5:15pm | 110Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has completed a technical amendment to the Stockholder Rights Agreement between the company and STT Crossing Ltd. The Stockholder Rights Agreement was amended to reflect the completion of the company's reverse stock split, which was...
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Financial Breakfast: Morning News Summary for November 23, 2011
Wednesday, November 23, 2011 - 7:48am | 1272Wednesday, November 23, 2011 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. The oldest DJIA component is General Electric, added in November 7th, 1907. The newest DJIA component is Kraft Foods, added September 22nd,...
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Level 3 Completes Sale of Coal Mining Operations
Wednesday, November 23, 2011 - 7:05am | 94Level 3 Communications, Inc. (NYSE: LVLT) today announced that it has completed the sale of its coal mining business as part of its long-term strategy to focus on core business operations. On Nov. 10, 2011, Level 3 entered into an agreement with an affiliate of Ambre Energy Limited to sell all of...
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Further Information on Level 3's Registration Statement
Tuesday, November 22, 2011 - 8:01am | 112Level 3 Communications, Inc. (NYSE: LVLT) today issued the below statement with regards to its Nov. 18, 2011 filing of a registration statement with the U.S. Securities and Exchange Commission covering the shares of Level 3 common stock held by STT Crossing, a wholly owned subsidiary of ST...
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Level 3 Files Registration Statement with the SEC as Required by the Stockholder Rights Agreement Between Level 3 and STT Crossing Ltd
Monday, November 21, 2011 - 6:52am | 242As required by the Stockholder Rights Agreement between STT Crossing Ltd and Level 3 Communications, Inc. (NYSE: LVLT), the Company filed a registration statement with the U.S. Securities and Exchange Commission on Nov. 18, 2011. The Stockholder Rights Agreement was executed in April 2011 at the...
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Level 3 Announces Filing of Form 15F to Terminate the Reporting Obligations of Certain of Its Foreign Subsidiaries Under the U.S. Securities Exchange Act of 1934
Thursday, November 17, 2011 - 9:02am | 77Level 3 Communications, Inc., (NYSE: LVLT) today announced that certain of its subsidiaries: Global Crossing Finance plc, Global Crossing Telecommunications Limited, Fibernet Group Limited, Fibernet UK Limited and Fibernet Limited have filed a certification on Form 15F with the U.S. Securities and...