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Global Crossing

  1. 2014 Commodities Halftime Report

    In its earnings release and quarterly conference call Global Crossing GLBC chose to first highlight the strategic rationale for its acquisition of Impsat, which closed on May 9, before launching into a discussion of financial results. We can understand the desire to downplay the numbers--they were ...

  2. Grease and Greece

    Global Crossing's GLBC financial performance improved some after what we had considered a weak first quarter. Our fair value estimate is unchanged. The biggest area of improvement was profitability. The adjusted gross margin--which is revenue less fees paid to other carriers for network ...

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