BofA/Merrill Lynch Downgrades Level 3 Communications (LVLT) to Neutral
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Level 3 Reports First Quarter 2016 Results
April 28, 2016 6:50 AM EDTBROOMFIELD, Colo., April 28, 2016 /PRNewswire/ --Â Level 3 Communications, Inc. (NYSE: LVLT) today reported results for the first quarter 2016.
"Level 3's first quarter results demonstrate the benefit of our emphasis on profitable growth, as evident in our expanding margins and strong Free Cash Flow during the quarter," said Jeff Storey, president and CEO of Level 3. "The continued evolution of our products and service capabilities matches the changing and complex needs of enterprises, positioning the company to become the premier provider... More
