New BC Partners-backed company to focus on data centers, cybersecurity
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
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CenturyLink, Inc. (CTL) PT Lowered to $25 at Cowen Following Mixed 1Q
May 4, 2017 7:59 AM EDTCowen lowered its price target on CenturyLink, Inc. (NYSE: CTL) to $25.00 (from $27.00) while maintaining a Market Perform rating. CenturyLink posted mixed operating results with revenue and EBITDA of $4.21B and $1.53B vs. the Streets $4.27B and $1.54B as the downside came mostly from... More
Equinix (EQIX) PT Raised to $472 at Oppenheimer; 'Updating Estimates for Verizon Assets'
May 2, 2017 10:43 AM EDTOppenheimer raised its price target on Equinix (NASDAQ: EQIX) to $472.00 (from $440.00) while maintaining a Outperform rating, as the company closed its acquisition of 29 Verizon data centers.
Analyst Timothy Horan notes that management secures 600 news customers (1,000 overall) and about 3 million gross square... More
