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CenturyLink Inc (CTL.N)

CTL.N on New York Stock Exchange

12.16USD
16 Jul 2019
Change (% chg)

$-0.10 (-0.82%)
Prev Close
$12.26
Open
$12.25
Day's High
$12.34
Day's Low
$12.12
Volume
1,667,909
Avg. Vol
3,132,550
52-wk High
$24.19
52-wk Low
$9.64

Latest Key Developments (Source: Significant Developments)

CenturyLink Sets Regular Quarterly Cash Dividend Of $0.25 Per Share
Thursday, 23 May 2019 

May 23 (Reuters) - CenturyLink Inc ::SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.25PER SHARE.  Full Article

Centurylink Announces Cash Tender Offers
Wednesday, 15 May 2019 

May 15 (Reuters) - CenturyLink Inc ::CENTURYLINK ANNOUNCES CASH TENDER OFFERS.CENTURYLINK - CASH TENDER OFFERS FOR UP TO AGGREGATE PRINCIPAL AMOUNT THAT WILL NOT RESULT IN PURCHASE PRICE THAT EXCEEDS $525 MILLION OF DEBT SECURITIES.  Full Article

Centurylink Q1 Loss Per Share $5.77
Wednesday, 8 May 2019 

May 8 (Reuters) - CenturyLink Inc ::CENTURYLINK REPORTS FIRST QUARTER 2019 RESULTS.Q1 LOSS PER SHARE $5.77.Q1 REVENUE $5.65 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.71 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.27 -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE $0.34 EXCLUDING ITEMS.ANNOUNCED COMPANY IS EVALUATING STRATEGIC ALTERNATIVES FOR ITS CONSUMER BUSINESS.REITERATED FULL YEAR 2019 OUTLOOK FOR ADJUSTED EBITDA AND FREE CASH FLOW.CENTURYLINK - CONTINUED DECLINE IN CO'S STOCK PRICE DURING Q1 WAS CONSIDERED A TRIGGERING EVENT REQUIRING COMPLETION OF GOODWILL IMPAIRMENT ANALYSIS.CENTURYLINK - RECORDED A NON-CASH $6.5 BILLION GOODWILL IMPAIRMENT CHARGE DRIVEN BY DIFFERENCE BETWEEN MARKET CAPITALIZATION & CARRYING VALUE AT MARCH 31.REITERATING ALL FULL YEAR OUTLOOK MEASURES.  Full Article

Centurylink Says CEO Jeffrey Storey's FY 2018 Compensation Was $35.7 Mln
Monday, 25 Mar 2019 

March 25 (Reuters) - CenturyLink Inc ::CENTURYLINK INC SAYS CEO JEFFREY STOREY'S FY 2018 TOTAL COMPENSATION WAS $35.7 MILLION - SEC FILING.CENTURYLINK INC SAYS FORMER CEO GLEN POST, III'S FY 2018 TOTAL COMPENSATION WAS $10.7 MILLION VERSUS $14.7 MILLION IN FY 2017 - SEC FILING.CENTURYLINK INC SAYS RATIO OF 2018 CEO PAY TO 2018 MEDIAN EMPLOYEE PAY WAS APPROXIMATELY 527 TO 1.  Full Article

Southeastern Asset Management Reports A 6.2 Pct Stake In Centurylink As Of Feb. 14
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - CenturyLink Inc ::AS OF FEB. 14 - SEC FILING.SOUTHEASTERN ASSET MANAGEMENT - TO HAVE MORE DIRECT CONVERSATIONS WITH CENTURYLINK ABOUT ADDING DIRECTORS TO THE BOARD.SOUTHEASTERN ASSET MANAGEMENT SAYS BELIEVES THAT CENTURYLINK'S FIBER ASSETS ARE "EXTREMELY UNDERVALUED IN THE STOCK MARKET".SOUTHEASTERN ASSET MANAGEMENT - BELIEVES CENTURYLINK'S DIVIDEND CUT WAS NOT THE BEST WAY TO ADDRESS BALANCE SHEET CONCERNS.SOUTHEASTERN ASSET MANAGEMENT SAYS BELIEVE THE PREFERRED WAY TO IMPROVE CENTURYLINK'S BALANCE SHEET SHOULD BE THROUGH ASSET SALES.SOUTHEASTERN ASSET MANAGEMENT - "VERY SUPPORTIVE" OF CENTURYLINK CEO JEFF STOREY AND HIS TEAM OPERATIONALLY.SOUTHEASTERN ASSET MANAGEMENT - BELIEVES SEPARATE TARGET STOCKS SHOULD BE CONSIDERED FOR CENTURYLINK'S FIBER NETWORK BUSINESS & FOR THE CONSUMER BUSINESS.SOUTHEASTERN ASSET MANAGEMENT SAYS ONLY SEEKS TO AFFECT AND IMPROVE THE CENTURYLINK'S CAPITAL ALLOCATION DECISION MAKING.  Full Article

Temasek Holdings (Private) Cuts Share Stake In Centurylink Inc To 9.9 Percent
Friday, 18 Jan 2019 

Jan 18 (Reuters) - CenturyLink Inc ::TEMASEK HOLDINGS (PRIVATE) LTD CUTS SHARE STAKE IN CENTURYLINK INC TO 9.9 PERCENT AS OF JAN 16, 2019 FROM A STAKE OF 11 PERCENT AS OF APRIL 4, 2018.  Full Article

Centurylink Sets Regular Quarterly Cash Dividend Of $0.54Per Share
Wednesday, 14 Nov 2018 

CenturyLink Inc ::SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.54PER SHARE.  Full Article

CenturyLink CEO Glen Post To Retire In May Effective On Date Of Centurylink's 2018 Annual Shareholders' Meeting
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Centurylink Inc ::CENTURYLINK CEO GLEN POST TO RETIRE IN MAY EFFECTIVE ON DATE OF CENTURYLINK'S 2018 ANNUAL SHAREHOLDERS' MEETING.CENTURYLINK INC - PRESIDENT AND CHIEF OPERATING OFFICER JEFF STOREY WILL BECOME CENTURYLINK'S CEO AND PRESIDENT EFFECTIVE AT TIME OF POST'S RETIREMENT.CENTURYLINK INC - HARVEY PERRY WILL REMAIN IN HIS ROLE AS CHAIRMAN OF BOARD.CENTURYLINK INC - BRUCE HANKS HAS BEEN APPOINTED AS LEAD INDEPENDENT DIRECTOR.  Full Article

CenturyLink Reports Q4 Earnings Per Share $1.26
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - CenturyLink Inc ::CENTURYLINK REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $1.26.Q4 REVENUE $5.323 BILLION VERSUS $4.289 BILLION.Q4 EARNINGS PER SHARE $0.18 EXCLUDING ITEMS.ANTICIPATE 2018 FREE CASH FLOW AFTER DIVIDENDS OF $850 MILLION TO $1.05 BILLION.EXPECT 2018 ADJUSTED EBITDA TO BE HIGHER THAN 2017 PRO FORMA ADJUSTED EBITDA.Q4 SPECIAL ITEMS INCLUDED A RECOGNIZED TAX BENEFIT OF $1.1 BILLION FROM ENACTMENT OF TAX CUTS AND JOBS ACT.FOR FULL YEAR 2018, CO EXPECT ADJUSTED EBITDA OF $8.75 BILLION TO $8.95 BILLION.FOR FULL YEAR 2018, EXPECT ADJUSTED EBITDA OF $8.75 BILLION TO $8.95 BILLION.FOR FULL YEAR 2018, CO SEES FREE CASH FLOW OF $3.15 BILLION TO $3.35 BILLION, EXCLUDING LEVEL 3 INTEGRATION-RELATED EXPENSES.Q4 EARNINGS PER SHARE VIEW $0.30, REVENUE VIEW $5.69 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.24 -- THOMSON REUTERS I/B/E/S.  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

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.