Level 3 Communications

Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...

Oppenheimer is out with its report today on Level 3 Communications (NASDAQ: LVLT), commenting on LVLT's acquisition of Global Crossing (NASDAQ: GLBC). In a note to clients, Oppenheimer writes, "Level 3 announced the acquisition of Global Crossing for 16 shares of LVLT per GLBC share. In our view,...

Morgan Stanley is commenting on the Level 3 Communications Inc. (NASDAQ: LVLT) / Global Crossing Ltd. (NASDAQ: GLBC) merger, which it says “underscores our view that consolidation makes sense for those assets with clear synergy potential.” “The transaction has appeared logical for some time given...

JP Morgan had previewed 2Q results for the U.S. Telecom and Cable Services sector, and has assessed each one as follows listed with upside/downside risks and price target: American Tower (NYSE: AMT) Overweight Credit environment could delay share repurchase, delays in carrier builds, wireless...

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...