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Glen F. Post III will remain CEO until Jan. 1, 2019; then expected to become executive chairman
Some shareholders cheer as Corvex's Keith Meister pushes to remake CenturyLink in Level 3's image. A brutal proxy contest could lie ahead if CenturyLink's cozy board doesn't comply.
Here are Monday's top research calls, including upgrades for Cisco Systems and Johnson & Johnson, and downgrades for J.C. Penney and Tesla.
Everything that happened at Sohn 2017.
Meister, an activist investor who previously worked for billionaire Carl Icahn, tells the 2017 Sohn conference that Level 3's CEO needs an executive role at the combined company.
Effective upon completion of the acquisition of Level 3 Communications
The optical networking equipment maker is poised to ride the infrastructure boom.
Level 3´s comprehensive portfolio of data center, communication, and collaboration services, along with its team of experts, help customers grow their businesses globally
I bought Adobe Systems and am still holding Lantheus, Tarena International and Lockheed Martin.
Ciena stock hasn't moved much in 2016. But there could be good things in store for this networking company.
The company's earnings stalemate may threaten the stock's 9% dividend yield.
U.S. telecoms have used mergers to offset revenue pressures and protect their rich dividends.
U.S. telcos have been turning to M&A to offset revenue pressures and protect their rich dividends. That leaves conditions ripe for further dealmaking.
The Windstream-EarthLink tie-up is about boosting cash flow, which will bolster the dividend, Cramer reasoned.
Remember when PE was selling everything that wasn't nailed down? They might've done it.
Stocks lose gains in the final hour of trading on Friday as investors look ahead to next week's presidential election.
Stocks move higher on Friday morning as investors look ahead to next week's presidential election.
Stock futures turn higher on Friday morning as U.S. adds 161,000 jobs to payrolls in October.
Huge deals are suddenly back in style. Is this a trend or an aberration?
Some of the biggest deals already announced on Wall Street are currently pricing in hefty premiums for investors willing to take the risk.
Boutique banks held their own against the bulge bracket, while Qualcomm stuck with a Paul Weiss lawyer who'd only recently joined the firm.