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CenturyLink Inc (CTL.N)

CTL.N on New York Stock Exchange

18.49USD
21 Sep 2017
Change (% chg)

$-0.18 (-0.96%)
Prev Close
$18.67
Open
$18.60
Day's High
$18.64
Day's Low
$18.35
Volume
1,208,709
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$18.17

Latest Key Developments (Source: Significant Developments)

CenturyLink says state of New Jersey has approved its pending acquisition of Level 3 Communications
Wednesday, 23 Aug 2017 05:56pm EDT 

Aug 23 (Reuters) - CenturyLink Inc ::CenturyLink says state of New Jersey has approved CenturyLink's pending acquisition of Level 3 Communications.Another state approves CenturyLink acquisition of Level 3.  Full Article

Corvex Management reports 6.6 pct stake in CenturyLink
Thursday, 17 Aug 2017 05:34pm EDT 

Aug 17 (Reuters) - CenturyLink Inc -:Corvex Management Lp reports 6.6 percent stake in CenturyLink Inc as of August 17, 2017 - sec filing‍​.Corvex Management Lp earlier reported 5.6 percent stake in ‍ CenturyLink Inc as of June 16, 2017​.  Full Article

CenturyLink Inc - ‍signed agreement to sell King & Union's Avalon to co's commercial and government clients​
Wednesday, 9 Aug 2017 09:02am EDT 

Aug 9 (Reuters) - CenturyLink Inc :CenturyLink Inc - ‍signed agreement to sell King & Union's Avalon to company's commercial and government clients​.  Full Article

Centurylink Q2 earnings per share $0.03
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Centurylink Inc :Centurylink reports second quarter 2017 results.Q2 adjusted earnings per share $0.46.Q2 revenue $4.09 billion versus I/B/E/S view $4.09 billion.Q2 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.03.Centurylink Inc sees ‍Q3 operating revenues $4.06 to $4.12 billion​.Centurylink Inc sees ‍Q3 core revenues $3.59 to $3.65 billion​.Centurylink Inc sees ‍Q3 adjusted diluted EPS $0.44 to $0.50​.Centurylink Inc - ‍anticipates coming in slightly below its full-year 2017 revenue and adjusted diluted EPS guidance​.Centurylink Inc - ‍not providing updated guidance ranges for full-year 2017 due to pending acquisition of Level 3​.Centurylink-Sees "significant increase" in Q3 2017 adjusted free cash flow compared to Q2 2017 results due to timing of cash interest, cash tax payments​.  Full Article

Centurylink Inc says won a spot on General Services administration's 15-year EIS program
Wednesday, 2 Aug 2017 09:02am EDT 

Aug 2 (Reuters) - Centurylink Inc :Centurylink Inc says won a spot on General Services administration's 15-year EIS program.  Full Article

Two more states approve Centurylink - Level 3 Acquisition
Tuesday, 1 Aug 2017 04:32pm EDT 

Aug 1 (Reuters) - Level 3 Communications Inc :Two more states approve Centurylink - Level 3 acquisition.Centurylink - Mississippi and Washington approved Centurylink pending acquisition of Level 3 Communications​.  Full Article

CenturyLink announces additional executive leadership appointments
Thursday, 22 Jun 2017 08:30am EDT 

June 22 (Reuters) - CenturyLink Inc :CenturyLink announces additional executive leadership appointments.CenturyLink Inc says continues to expect closure of acquisition will occur by end of Q3 2017.CenturyLink Inc - Edward Morche, who will rejoin level 3 on July 5, will be president - strategic enterprise, Federal Government and State Government.CenturyLink Inc says Laurinda Pang will be president - GAM and International.CenturyLink Inc says Vernon Irvin will be President - SMB.  Full Article

Centurylink says Centurylink Escrow LLC entered into a credit agreement
Tuesday, 20 Jun 2017 05:16pm EDT 

June 20 (Reuters) - Centurylink Inc :Centurylink says on June 19, Centurylink Escrow LLC entered into a credit agreement in connection with pending acquisition of level 3 communications.New term loan facilities consist of $1.575 billion term loan a tranche, a $0.370 billion term loan A-1 tranche and a $6.0 billion term loan B tranche - SEC filing​.Intends to use proceeds to finance cash portion of consideration payable in connection with acquisition​.New revolving credit facility and borrowings under term loan A and A-1 facilities will mature five years after closing of acquisition​.Borrowings under term loan B facility will mature on January 31, 2025​.Agreement providing for $9.945 billion in senior secured credit facilities, consisting of a $2.0 billion revolving credit facility.Agreement providing for $9.945 billion in senior secured credit facilities, also consisting of $7.945 billion of new term loan facilities.New revolving credit facility is designed to replace company's current revolving credit facility.A portion of new revolving credit facility in an amount not to exceed $100 million will be available for swingline loans.A portion of new revolving credit facility in an amount not to exceed $400 million will be available for issuance of letters of credit.  Full Article

CenturyLink says Glen Post III will remain CEO until Jan. 1, 2019
Thursday, 1 Jun 2017 08:00am EDT 

June 1 (Reuters) - CenturyLink Inc ::CenturyLink announces CEO succession plan.CenturyLink Inc says Glen F. Post III will remain ceo until Jan. 1, 2019.CenturyLink Inc says level 3 president and CEO, will become centurylink president and chief operating officer upon closing of merger.CenturyLink Inc says CenturyLink and level 3 continue to expect to close transaction by Sept. 30, 2017..CenturyLink Inc says two companies continue to expect to close transaction by Sept. 30, 2017.CenturyLink - Jeff Storey will succeed post as CEO of CenturyLink effective Jan. 1, 2019 and that post will then become executive chairman of co's board.  Full Article

Seahawks, CenturyLink extend stadium and event center naming rights deal
Monday, 15 May 2017 01:00pm EDT 

May 15 (Reuters) - Centurylink Inc :Co, Seattle Seahawks and First & Goal have agreed to terms on a stadium naming rights extension beginning 2019 through 2033 NFL season.Under new agreement, co will continue to be exclusive communications services sponsor of Centurylink Field and Seattle Seahawks.  Full Article

BRIEF-CenturyLink says state of New Jersey has approved its pending acquisition of Level 3 Communications

* CenturyLink says state of New Jersey has approved CenturyLink's pending acquisition of Level 3 Communications