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LVLT News

CenturyLink Shares Dive After 'Material Weakness' Found in Level 3 Accounting

CenturyLink shares plunged past a two-decade low Monday after the wireless telecoms group asked the U.S. Securities and Exchange Commission to extend the deadline for filing its 2018 annual report.

DOJ Tells CenturyLink to Divest Level 3 Telecom Holdings to Win Deal Approval

Level 3 will have to quit its telecommunications operations in Albuquerque, Boise and Tucson, plus give up rights to dark fiber sales in 30 intercity routes.

This Is Why Tech Stocks Are Heading Into the Weekend With a Nasty Hangover

Infosys, CenturyLink, Cisco and other tech names were struggling Friday alongside troubling news from Washington and terror attacks in Spain.

Why John Malone is a more likely Sprint backer than Warren Buffett

The cable cowboy could see the appeal of pairing his media portfolio with a stake in a wireless company.

Breaking News

Johnson & Johnson Stock Lower After Unveiling End To Global Baby Powder Sales In 2023

Johnson & Johnson, which began selling Baby Powder in 1894, will end all sales of the talc-based product next year.

Apple Stock Edges Higher After Report Indicates iPhone Demand Confidence

Apple is asking assemblers to put together 220 million iPhones this year, Bloomberg reported, a tally that largely matches 2021 levels.

Struggling Electric-Truck Maker Nikola Makes a Major Change

Electric-truck manufacturer Nikola, like the broad vehicle industry, has been struggling with supply-chain issues.

Illumina and the Quest for the (Holy?) Grail

DNA-sequencing leader Illumina swung to a loss in Q2 2022. Contributions from Grail didn't help.