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CenturyLink Inc (CTL.N)

CTL.N on New York Stock Exchange

22.74USD
19 Sep 2018
Change (% chg)

$-0.42 (-1.81%)
Prev Close
$23.16
Open
$23.18
Day's High
$23.23
Day's Low
$22.71
Volume
1,964,959
Avg. Vol
2,314,072
52-wk High
$24.19
52-wk Low
$13.17

Latest Key Developments (Source: Significant Developments)

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

Temasek Says May Be Deemed To Own 118.1 Mln Centurylink's Shares As Of April 4
Thursday, 5 Apr 2018 

April 5 (Reuters) - Temasek Holdings (Private) Ltd::TEMASEK HOLDINGS SAYS AS OF APRIL 4, IT MAY BE DEEMED TO OWN 118.1 MILLION CENTURYLINK'S SHARES BENEFICIALLY OWNED BY UNITS.  Full Article

CenturyLink Announces Conclusion Of Special Committee Investigation
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - CenturyLink Inc ::CENTURYLINK ANNOUNCES CONCLUSION OF SPECIAL COMMITTEE INVESTIGATION.CENTURYLINK - SPECIAL COMMITTEE REPORTED FINDINGS OF REVIEW OF POLICIES, PROCEDURES, PRACTICES RELATED TO CONSUMER SALES, SERVICE, BILLING.CENTURYLINK - INVESTIGATION DID NOT REVEAL EVIDENCE TO CONCLUDE ANY MEMBER OF MANAGEMENT TEAM ENGAGED IN FRAUD OR WRONGDOING.CENTURYLINK - FINDINGS SHOWED SOME PRODUCTS, PRICING, PROMOTIONS CAUSED CONFUSION, RESULTING BILLS SOMETIMES FAILED TO MEET CUSTOMER EXPECTATIONS.CENTURYLINK INC - FINDINGS SHOWED SYSTEMS AND HUMAN ERRORS LED TO CERTAIN CUSTOMERS NOT RECEIVING AN OFFERED POINT-OF-SALE DISCOUNT.CENTURYLINK INC - "COMPANY ACCEPTS SPECIAL COMMITTEE'S FINDINGS AND CONCLUSIONS".  Full Article

Temasek Holdings (Private) Limited reports 8.7 pct stake in CenturyLink Inc. as on Nov. 1 ‍​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Centurylink Inc ::Temasek Holdings (Private) Limited reports 8.7 percent stake in CenturyLink Inc. as on November 1, 2017 - SEC filing ‍​.  Full Article

CenturyLink acquisition of Level 3 receives approval from Federal Communications Commission
Monday, 30 Oct 2017 

Oct 30 (Reuters) - CenturyLink Inc ::CenturyLink acquisition of Level 3 receives approval from Federal Communications Commission.CenturyLink​ says ‍anticipates closing transaction with Level 3 Communications effective November 1, 2017.  Full Article

Data#3 ‍signs partner agreement with Centurylink​
Sunday, 29 Oct 2017 

Oct 30 (Reuters) - Data#3 Ltd ::‍Signed partner agreement with Centurylink .‍Partnership to provide Centurylink customers with complementary enterprise-grade cloud options from Data#3​.  Full Article

U.S. Department Of Justice clears CenturyLink's acquisition of Level 3
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Level 3 Communications Inc :U.S. Department of Justice clears CenturyLink's acquisition of level 3.CenturyLink Inc - ‍under consent decree, combined company is required to divest Level 3 metro network assets in three metro areas​.CenturyLink Inc - ‍divestitures are not expected to have material impact on pro-forma operating revenue and operating cash flows of combined company..CenturyLink Inc - ‍consent decree also provides that combined company will divest 24 strands of dark fiber connecting 30 specified city-pairs.  Full Article

CORRECTED-EXPLAINER-What sector overhaul means for tech stocks, Wall Street

NEW YORK, Sept 19 The most significant changes to Wall Street's broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been nearly synonymous with the "tech" rally that has fueled the stock bull market.