-
Bank of America Gives Color on CenturyLink
Tuesday, August 2, 2011 - 7:23am | 115Bank of America has published a report on CenturyLink (NYSE: CTL) analyzing the communications company. In the report, Bank of America wrote, "We expect that management will give an update on the Qwest merger integration. We are particularly interested in an update on the company's synergy...
-
Bank of America Reiterates Neutral on Alaska Communications Systems, Slashes PT to $8
Tuesday, August 2, 2011 - 6:36am | 50Bank of America reiterated its Neutral rating on Alaska Communications Systems (NASDAQ: ALSK). At the same time, the rating agency reduced its price target on the company's stock from $10 to $8. On Monday, ALSK added 5.93% to its value to finish the day at $7.62.
-
Bank of America Lowers PO On ALSK To $8
Tuesday, August 2, 2011 - 5:03am | 29Bank of America has lowered the price objective on Alaska Communications Systems (NASDAQ: ALSK) from $10 to $8 and maintains its Neutral rating.
-
Morgan Stanley Resumes CenturyLink at Overweight, $50 PT
Tuesday, August 2, 2011 - 4:53am | 27Morgan Stanley has resumed coverage on CenturyLink (NYSE: CTL) with an Overweight rating and has established a $50 price target.
-
Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 3:20am | 3164Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
-
Windstream Seeks to Amend Its Credit Agreement and Security Agreement
Monday, August 1, 2011 - 8:56am | 165Windstream Corp. (Nasdaq: WIN) previously announced today that it was acquiring PAETEC Holding Corp. In connection with this acquisition, Windstream is seeking to amend its senior secured credit agreement by, among other things, (i) permitting the issuance of bridge loans, (ii) permitting the...
-
Al Jazeera English Launches in New York
Monday, August 1, 2011 - 8:35am | 108Al Jazeera English has become available for the first time to cable television viewers across New York. Two Million Subscribers to Time Warner Cable (NYSE: TWC) and Verizon (NYSE: VZ) FiOS in the New York City region will be able to tune into global news coverage all day and through the night....
-
NTELOS Holdings Corp. Announces Appointment of Mike Moneymaker as President and CFO of Wireline Business Following Spin-Off
Monday, August 1, 2011 - 7:44am | 121NTELOS Holdings Corp. (NASDAQ: NTLS) today announced the appointment of Michael B. Moneymaker, the Company's current Executive Vice President, Chief Financial Officer, Treasurer and Secretary, as President and Chief Financial Officer of the Company's wireline business, effective upon the spin-off...
-
UPDATE: Goldman Sachs Upgrades RadioShack to Buy
Monday, August 1, 2011 - 7:28am | 120Goldman Sachs is out with its report today on RadioShack (NYSE: RSH), upgrading RSH from Neutral to Buy. In its report, Goldman Sachs writes, "We upgrade RSH to CL-Buy from Neutral. We see an attractive entry point into shares and expect earnings trends to accelerate off recent trough levels. RSH'...
-
Windstream to Acquire PAETEC Valued At Approximately $2.3 Billion
Monday, August 1, 2011 - 7:01am | 246Windstream Corp. (Nasdaq: WIN) has entered into a definitive agreement to acquire PAETEC Holding Corp. (Nasdaq: PAET), based in Fairport, N.Y., in a transaction valued at approximately $2.3 billion. "This transaction significantly advances our strategy to drive top-line revenue growth by expanding...
-
Stocks to Watch for Monday 8/01/2011: Fresh 52 Week Highs and Lows
Sunday, July 31, 2011 - 9:55pm | 3407Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to...
-
CenturyLink Earnings Preview: Analysts Expect Rising Revenue
Friday, July 29, 2011 - 3:21pm | 559CenturyLink (NYSE: CTL) releases its next round of earnings this Wednesday, August 3, 2011. Here's Benzinga's advanced look at CenturyLink's second quarter earnings report. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS reading of 66 cents per share and...
-
Mad Money Lightning Round: Cramer Likes Telecom Argentina
Friday, July 29, 2011 - 2:53am | 370On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Paccar (NASDAQ: PCAR) “reported bad numbers while Cummins (NYSE: CMI) reported great numbers. Sell Paccar and pickup some Cummins." For Amerigroup (NYSE: AGP), he said, "I have to go with best of breed here and that's Aetna (...
-
Savvis Announces Mandatory Offer to Purchase $3.1 Million of Outstanding 3% Convertible Senior Notes due May 15, 2012
Thursday, July 28, 2011 - 3:47pm | 165Savvis, Inc, a wholly owned subsidiary of CenturyLink, Inc. (NYSE: CTL) announced today that it has commenced a tender offer (the "Tender Offer") to repurchase any and all of the outstanding $3.1 million aggregate principal amount of its 3% Convertible Senior Notes due May 15, 2012 (the "Notes") at...
-
Wednesday's S&P 500 Sector Recap: Hottest and Coldest Sectors
Wednesday, July 27, 2011 - 4:36pm | 1734The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...