Global Crossing GLBC
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Thornburg Value Fund: 1st Quarter 2012 Market Commentary
… product line seems to be resonating with consumers. Level 3 raised earnings guidance for the year 2012, and after acquiring Global Crossing , the firm has a lower risk profile. Stocks in the information technology and energy sectors detracted from performance …
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Level 3 ([[LVLT]] +4.7%) jumps on an upgrade to Buy from BofA. The firm claims Level 3 has the best risk/reward among the "alternative carriers" it covers, and expects revenue growth in its Core ...
… alternative carriers" it covers, and expects revenue growth in its Core Network Services business, along with the company's operating leverage and synergies from the Global Crossing acquisition , to drive shares higher. Post your comment!
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Level 3 Communications: Where's The Cash?
… trends for EBIDTA and free cash flow. The acquisition of Global Crossing was completed in October 2011. LVLT then transferred the ..... The main risk to any long term trends rest on how well the Global Crossing integration proceeds. There are concerns that Complete …
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Level 3 ([[LVLT]] +10%) shares pop after Morgan Stanley raises its rating to Overweight from Equal Weight with a $31 price target. The firm sees accelerating revenue growth due to strong secular ...
… firm sees accelerating revenue growth due to strong secular demand for connectivity, expanded capabilities due to LVLT's Global Crossing acquisition, strong margin expansion and controlled capital spending levels. Post your comment!
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Level 3 ([[LVLT]] +0.7%) ticks up on an upgrade to Outperform at Cowen, citing better visibility on the synergies and costs of its Global Crossing integration.
Level 3 ( LVLT +0.7% ) ticks up on an upgrade to Outperform at Cowen, citing better visibility on the synergies and costs of its Global Crossing integration. Post your comment!
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Thornburg Global Opportunities Fund: 3Q Market Commentary
… was one of the worst performers. We significantly trimmed the Fund’s holding in communications infrastructure firm Global Crossing , following more than 100% appreciation for the stock during the first half of 2011. Our remaining shares declined more …
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Level 3 ([[LVLT]] -9.8%) takes a hit in spite of its Q3 beating estimates. The company reported revenue of $947M for the quarter, which was better than Street expectations of $912M, but the company ...
… expectations of $912M, but the company disappointed on a per share basis, posting a wider Y/Y EPS loss of $1.47 due to higher interest expenses and acquistion costs related to its Global Crossing transaction. Post your comment!
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Top Picks Based On Wednesday's Big News Movers
… affect a 1-for-15 reverse split. Furthermore, the company also announced that it had completed its acquisition of Global Crossing that was announced earlier in April. Over the years, LVLT has been a serial acquirer Complete Story »
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Level 3 Communications ([[LVLT]] +5.6%) says it expects to lay off hundreds of workers, mostly in the U.S., as it integrates its just-completed, $1.9B purchase of Global Crossing .
Level 3 Communications ( LVLT +5.6% ) says it expects to lay off hundreds of workers, mostly in the U.S., as it integrates its just-completed, $1.9B purchase of Global Crossing . Post your comment!
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Level 3 says to cut hundreds of jobs in U.S.
NEW YORK (Reuters) - Level 3 Communications Inc expects to lay off hundreds of employees, mostly in the United States, as part of its effort to integrate its $1.9 billion Global Crossing purchase, a top executive said.