CenturyLink (CTL) Has Reviewed Windstream-Like Options, No Decision Yet - Spokesperson

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CenturyLink (CTL) PT Raised to $40 at Nomura

July 30, 2014 7:05 AM EDT

Nomura Securities reiterated a Neutral rating and bumped its price target on CenturyLink, Inc. (NYSE: CTL) to $40.00 (from $32.00) amid REIT speculation.

Analyst Adam Ilkowitz comments, "We again make the same assumptions for CenturyLink, causing us to raise our target price to $40 and maintain... More

Raymond James Downgrades Windstream (WIN) to Market Perform

July 30, 2014 6:57 AM EDT

Raymond James downgraded Windstream (NASDAQ: WIN) from Outperform to Market Perform and removed its price target (prior $10.00).

For an analyst ratings summary and ratings history on Windstream click here. For more ratings news on Windstream click here.

Shares of Windstream closed at $11.83 yesterday.

... More

Windstream (WIN), CenturyLink (CTL), Frontier (FTR) Credit Raised to Overweight at Citi on WIN REIT Plan

July 29, 2014 12:01 PM EDT

Citi's credit analysts upgrade the wire line sector to Overweight from Marketweight owing to a new path to deleveraging, relatively stable business platforms, and relative value.

"We had expected Windstream (NYSE: WIN) to announce... More

Frontier (FTR) Trades Higher in Sympathy with Windstream (WIN) (CTL) (T) (VZ) (ELNK)

July 29, 2014 8:39 AM EDT

(Updated - July 29, 2014 9:08 AM EDT)

Frontier Communications (NASDAQ: FTR) stock traded higher Tuesday in sympathy with Windstream (NASDAQ: WIN). Earlier Windstream announced plans to spin off certain telecommunications network assets into an independent, publicly traded real estate investment... More

Windstream (WIN) Plans to Spin Certain Telecom Assets Into Public REIT

July 29, 2014 7:04 AM EDT

Windstream (Nasdaq: WIN) announced plans to spin off certain telecommunications network assets into an independent, publicly traded real estate investment trust (REIT). The transaction will enable Windstream to accelerate network investments, provide enhanced services to customers and maximize shareholder value. The transaction will allow the REIT, which will own Windstream's existing fiber and copper network and other fixed real estate assets, to expand its network and diversify its assets through acquisitions. The company's board of directors approved the plan following the receipt of a favorable private letter ruling from the Internal Revenue... More