|Bid||17.18 x 2000|
|Ask||17.50 x 100|
|Day's Range||17.09 - 17.57|
|52 Week Range||13.16 - 27.61|
|PE Ratio (TTM)||29.90|
|Forward Dividend & Yield||2.16 (12.44%)|
|1y Target Est||N/A|
Shares of ADTRAN, Inc. (NASDAQ: ADTN ), a small-cap provider of networking and communications equipment, have lost more than 15 percent over the past three months. While the stock has a "heightened ...
Labor agreements with CWA will help AT&T (T) strengthen relationship with the union, thereby encouraging employees to continue working with the company.
Employees of dozens of companies are getting raises or bonuses because of the recently passed tax reform bill. CenturyLink workers have not been so lucky.
A communications industry executive with a track record of growing businesses will be the next president and CEO of Syniverse. Dean Douglas, who has been one of the highest-ranking leaders at telecom provider CenturyLink for the last couple of years, will start work at the Tampa technology firm on Feb. 1, succeeding current president and CEO Stephen Gray. As the new top executive, Douglas will have to maintain momentum at Syniverse, which provides services for mobile network operators and businesses worldwide and is one of Tampa Bay’s largest companies.
Morgan Stanley has called CenturyLink a contrarian pick for 2018 after underperforming in 2017. “We believe the recently closed Level 3 merger puts [CenturyLink (CTL)] on more stable financial and operational footing moving forward,” analyst Simon Flannery wrote in a research report. CenturyLink Investment Management seems afflicted with a similar strain of optimism, based on some of its fourth-quarter trades.
Centurylink Inc (NYSE:CTL) is one of the most controversial high-yield stocks on Wall Street. Some folks see it as a huge opportunity because CenturyLink stock offers a 13% dividend yield. The company has struggled for years.
CenturyLink (CTL) had a tough 2017, and the stock has fallen more than 32% in the past 12 months. Analyst Brett Feldman and his team upgraded the shares from Sell to Neutral on Monday, although he also lowered his target price from $19 to $17. Feldman believes that the dividend payout, while high, still looks sustainable and attractive, thanks to synergies from CenturyLink's acquisition of Level 3 Communications.
Nobody knows whether stocks will deliver a repeat performance in 2018, or if it will be a year of reckoning for the bull market that turns nine years old in March. Nonetheless, there are certain stocks that you may want to shy away from, regardless of what the overall market does.
Artificial selling pressure, created by investors tossing their losers, offers some unusual short-term opportunities at year-end.
In May 2016, the FCC had approved a reverse auction to provide an additional $2 billion in funds to rural broadband providers through its CAF II program in an effort to accelerate growth.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on December 21. Over the last month, growth of ETFs holding CTL is favorable, with net inflows of $31.39 billion.