Global Crossing Ltd.

Global Crossing Ltd. (NASDAQ: GLBC) delivered on its most recent guidance and exceeded our 4Q10 estimates, BGB Securities reports. “The company recorded steady improvements throughout the year, with ongoing sequential top line growth and higher margins,” BGB Securities writes. “Underlying demand...

Collins Stewart analysts Greg Miller and Eric Z. Chu rated Level 3 Communications, Inc. (Nasdaq: LVLT) a Hold with a price target of $1.20. The Collins Stewart analysts initiated coverage of Level 3 Communications on 19 October 2009 without issuing a rating at the time. The analysts believed that...