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CenturyLink Inc (CTL.N)

CTL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Centurylink Says Intends To Prospectively Report Results Of Its Four Former Business Units As Separate Reporting Segments
Wednesday, 1 May 2019 

May 1 (Reuters) - CenturyLink Inc ::CENTURYLINK - COMMENCING IN Q1, INTENDS TO PROSPECTIVELY REPORT RESULTS OF ITS FOUR FORMER BUSINESS UNITS AS SEPARATE REPORTING SEGMENTS.  Full Article

Centurylink Inc Files For Non-Timely 10K
Monday, 4 Mar 2019 

March 4 (Reuters) - CenturyLink Inc ::CENTURYLINK INC FILES FOR NON-TIMELY 10K - SEC FILING .CENTURYLINK - CURRENTLY DOES NOT EXPECT ANY MATERIAL CHANGES TO FINANCIAL RESULTS DISCLOSED IN CO'S EARNINGS RELEASE DATED FEBRUARY 13, 2019..CENTURYLINK - REASON FOR DELAY IS THAT CO IDENTIFIED MATERIAL WEAKNESSES IN INTERNAL CONTROLS OVER REVENUE RECORDING PROCESSES RELATED TO LEVEL 3 DEAL.CENTURYLINK - DELAY DUE TO MATERIAL WEAKNESSES IN INTERNAL CONTROLS OVER PROCEDURES FOR MEASURING FAIR VALUE OF ASSETS, LIABILITIES RELATED TO LEVEL 3 DEAL.  Full Article

Centurylink Reports Q4 Loss Per Share $2.26
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - CenturyLink Inc ::CENTURYLINK REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 EARNINGS PER SHARE $0.37 EXCLUDING ITEMS.Q4 LOSS PER SHARE $2.26.Q4 EARNINGS PER SHARE ESTIMATE $0.32 -- REFINITIV IBES DATA.Q4 REVENUE $5.78 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.78 BILLION.REDUCING ANNUAL DIVIDEND TO $1.00 FROM $2.16 PER SHARE.SEES 2019 FREE CASH FLOW $3.10 BILLION TO $3.40 BILLION.SEES 2019 ADJUSTED EBITDA $9.00 BILLION TO $9.20 BILLION.SEES 2019 CAPITAL EXPENDITURES $3.50 BILLION TO $3.80 BILLION.MAKING CHANGES TO REVENUE REPORTING CATEGORIES IN 2019.MOVING STATE & LOCAL GOVERNMENT CUSTOMERS FROM SMALL AND MEDIUM BUSINESS UNIT TO ENTERPRISE BUSINESS UNIT IN 2019.CENTURYLINK - INDIRECT CHANNEL WILL MOVE FROM WHOLESALE AND INDIRECT BUSINESS UNIT TO SMALL AND MEDIUM BUSINESS UNIT IN 2019.  Full Article

Centurylink Reports Third Quarter 2018 Results
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - CenturyLink Inc ::CENTURYLINK REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.25.Q3 EARNINGS PER SHARE VIEW $0.30 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE $0.30 EXCLUDING ITEMS.Q3 REVENUE $5.82 BILLION VERSUS I/B/E/S VIEW $5.88 BILLION.REITERATED FULL YEAR 2018 OUTLOOK FOR ADJUSTED EBITDA OF $9.00 TO $9.15 BILLION.UPDATED FULL YEAR 2018 CAPITAL EXPENDITURE OUTLOOK TO $3.15 TO $3.25 BILLION.FULL YEAR 2018 FREE CASH FLOW OUTLOOK TO $4.00 TO $4.20 BILLION.  Full Article

CenturyLink Names Neel Dev As Its Chief Financial Officer
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - CenturyLink Inc ::CENTURYLINK NAMES NEEL DEV AS ITS CHIEF FINANCIAL OFFICER.CENTURYLINK INC - DEV SERVED AS INTERIM CFO SINCE SUNIT PATEL'S DEPARTURE FROM COMPANY IN SEPTEMBER.  Full Article

Centurylink CFO Sunit Patel To Depart Company
Monday, 24 Sep 2018 

Sept 25 (Reuters) - CenturyLink Inc ::CENTURYLINK CHIEF FINANCIAL OFFICER SUNIT PATEL TO DEPART COMPANY.CENTURYLINK INC - PATEL'S RESIGNATION IS EFFECTIVE SEPT. 28.CENTURYLINK INC - WILL INITIATE A SEARCH PROCESS FOR CFO REPLACEMENT THAT WILL INCLUDE BOTH INTERNAL AND EXTERNAL CANDIDATES.CENTURYLINK INC - NEEL DEV ANNOUNCED AS INTERIM CFO.  Full Article

CenturyLink Announces Redemption Of Certain Qwest Corp Senior Notes
Monday, 20 Aug 2018 

Aug 20 (Reuters) - CenturyLink Inc ::CENTURYLINK ANNOUNCES REDEMPTION OF CERTAIN QWEST CORPORATION SENIOR NOTES.CENTURYLINK INC - AN AGGREGATE OF $1.34 BILLION WILL BE REDEEMED PURSUANT TO THE REDEMPTIONS.  Full Article

Temasek Holdings (Private) Ltd Dissolves Share Stake In Wells Fargo & Co, Bank of America
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Temasek Holdings (Private) Ltd::TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN WELLS FARGO & CO - SEC FILING.TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN BANK OF AMERICA.TEMASEK HOLDINGS (PRIVATE) LTD CUTS SHARE STAKE IN AMAZON.COM INC BY 8.8 PERCENT TO 65,868 SHARES.TEMASEK HOLDINGS (PRIVATE) LTD UPS SHARE STAKE IN CENTURYLINK INC BY 16.4 PERCENT TO 123.2 MILLION SHARES.TEMASEK HOLDINGS (PRIVATE) LTD UPS SHARE STAKE IN PAYPAL HOLDINGS INC BY 7.8 PERCENT TO 6.1 MILLION SHARES.TEMASEK HOLDINGS (PRIVATE) LTD - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Centurylink Reports Q1 EPS $0.11
Wednesday, 9 May 2018 

May 9 (Reuters) - CenturyLink Inc ::CENTURYLINK REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $0.11.Q1 REVENUE $5.95 BILLION VERSUS I/B/E/S VIEW $5.97 BILLION.Q1 EARNINGS PER SHARE $0.25 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE VIEW $0.19 -- THOMSON REUTERS I/B/E/S.REITERATED ADJUSTED EBITDA AND FREE CASH FLOW OUTLOOK FOR FULL YEAR 2018.SEES 2018 CAPITAL EXPENDITURES OF ABOUT 16% OF REVENUE.  Full Article

Globalstar To Merge With Metro Fiber Provider Fiberlight And Acquire Other Assets In Stock Transaction
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Globalstar Inc ::GLOBALSTAR TO MERGE WITH METRO FIBER PROVIDER FIBERLIGHT AND ACQUIRE OTHER ASSETS IN STOCK TRANSACTION.GLOBALSTAR INC - TO CONDUCT RIGHTS OFFERING FOR MINORITY SHAREHOLDERS FOLLOWING CLOSING ON MERGER.GLOBALSTAR - UPON COMPLETION OF MERGER, THERMO COMPANIES EXPECTS TO INITIATE A RIGHTS OFFERING OF UP TO $100 MILLION FOR MINORITY SHAREHOLDERS.GLOBALSTAR INC - SIGNED A MERGER AGREEMENT WITH THERMO ACQUISITIONS INC.GLOBALSTAR INC - DIFFERENT ASSETS WILL BE COMBINED WITH CO IN EXCHANGE FOR GLOBALSTAR COMMON STOCK VALUED AT APPROXIMATELY $1.65 BILLION.GLOBALSTAR - ASSETS TO BE COMBINED INCLUDE METRO FIBER PROVIDER FIBERLIGHT, 15.5 MILLION SHARES OF CENTURYLINK, $100 MILLION CASH & MINORITY INVESTMENTS IN COMPLEMENTARY BUSINESSES, $25 MILLION ASSETS.GLOBALSTAR INC - AT CLOSING PARENT COMPANY WILL BE RENAMED THERMO COMPANIES, INC., AND ITS STOCK WILL CONTINUE TO TRADE PUBLICLY.GLOBALSTAR INC - MANAGEMENT EXPECTS 2019 ADJUSTED EBITDA OF COMBINED ENTITY TO BE IN EXCESS OF $165 MILLION.GLOBALSTAR INC - MERGER TO ORGANIZE PRO FORMA CO INTO 4 PRINCIPAL OPERATING SUBSIDIARIES UNDER NAME THERMO COMPANIES INC AS PUBLIC COMPANY.GLOBALSTAR INC - AS A RESULT OF MOERGER, CO'S CEO TO INCREASE BENEFICIAL OWNERSHIP IN PRO FORMA COMPANY FROM ABOUT 58% TO 83%-87% AT CLOSING.GLOBALSTAR INC - THERMO, AFFILIATES WHO OWN CO'S STOCK SIGNED VOTING AGREEMENT TO VOTE IN FAVOR OF DEAL AT ANY MEETING OF STOCKHOLDERS.  Full Article

RPT-Wall Street's oldest-ever bull market turns 10 years old

March 8 A savvy investor who managed to time the start of Wall Street's bull market a decade ago - and hold on since then - would now be sitting on a handsome windfall.