JPMorgan Downgrades Level 3 Communications (LVLT) to Neutral
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Level 3 Reports Second Quarter 2016 Results
July 27, 2016 6:50 AM EDTBROOMFIELD, Colo., July 27, 2016 /PRNewswire/ --Â Level 3 Communications, Inc. (NYSE: LVLT) today reported results for the second quarter 2016.
"With our focus on profitable growth combined with the strong operating leverage in the business, we continued to deliver expanded margins and improved profitability," said Jeff Storey, president and CEO of Level 3. "We continue to invest in the business, remain confident in our ability to meet the networking needs of our enterprise customers and believe we can deliver stronger revenue growth in... More
