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CenturyLink Inc (CTL.N)

CTL.N on New York Stock Exchange

24.80USD
26 May 2017
Change (% chg)

$-0.13 (-0.52%)
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$24.93
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Latest Key Developments (Source: Significant Developments)

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

Centurylink Inc estimates total capital expenditures of $1.9 bln
Friday, 5 May 2017 06:47am EDT 

May 5 (Reuters) - Centurylink Inc : :Centurylink Inc says estimate that total capital expenditures for remainder of 2017 to be about $1.9 billion .Centurylink Inc says capital expenditures estimate for 2017 inclusive of caf phase 2 related expenditures, but exclusive of additional expenditures.  Full Article

CenturyLink says Delaware, Hawaii, Maryland and District of Columbia approve company's level 3 merger
Wednesday, 12 Apr 2017 09:02am EDT 

CenturyLink Inc :CenturyLink Inc- Delaware, Hawaii, Maryland and District of Columbia approve CenturyLink - level 3 merger.  Full Article

Centurylink expands collaboration with VMware to accelerate enterprise cloud adoption
Wednesday, 22 Feb 2017 09:00am EST 

Centurylink Inc :Centurylink expands its collaboration with VMware to accelerate enterprise cloud adoption.  Full Article

CenturyLink sets quarterly cash dividend of $0.54 per share
Tuesday, 21 Feb 2017 05:16pm EST 

CenturyLink Inc - :Sets regular quarterly cash dividend of $0.54per share.  Full Article

Centurylink Inc entered into a memorandum of understanding for settlement of lawsuit
Thursday, 16 Feb 2017 05:00pm EST 

Centurylink Inc : Centurylink Inc - entered into a memorandum of understanding providing for settlement of putative shareholder class action lawsuit filed on Jan.11, 2017 .Centurylink Inc - settlement relates to class action lawsuit captioned Jeffery Tomasulo V. Centurylink Inc.  Full Article

CenturyLink reports Q4 earnings per share $0.08
Wednesday, 8 Feb 2017 04:15pm EST 

CenturyLink Inc : Centurylink inc-sees q1 adjusted earnings per share $0.51 to $0.57 . Centurylink inc-sees q1 2017 operating cash flow $1.49 to $1.55 billion . Centurylink reports fourth quarter and full-year 2016 results . Q4 adjusted earnings per share $0.54 . Q4 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.08 . Q4 revenue $4.3 billion versus i/b/e/s view $4.32 billion . Centurylink inc-sees q1 2017 operating revenues $4.23 to $4.29 billion . Centurylink inc- anticipates lower operating revenues and core revenues in full-year 2017 compared to full-year 2016 . Centurylink inc-sees fy 2017 operating revenues $17.05 to $17.3 billion . Centurylink inc-sees fy 2017 adjusted diluted eps $2.10 to $2.30 .Centurylink inc-sees fy 2017 free cash flow $1.55 to $1.75 billion.  Full Article

CenturyLink sets regular quarterly cash dividend of $0.54per share
Tuesday, 15 Nov 2016 04:20pm EST 

CenturyLink Inc :Sets regular quarterly cash dividend of $0.54 per share.  Full Article

CenturyLink Q3 earnings per share $0.28
Monday, 31 Oct 2016 06:32am EDT 

CenturyLink Inc : CenturyLink Inc says expects Q4 2016 operating cash flow to be relatively flat compared to q3 2016 . Sees Q4 operating revenues $4.28 billion to $4.34 billion . Sees Q4 adjusted diluted EPS $0.53 to $0.59 . Q4 earnings per share view $0.64, revenue view $4.38 billion -- Thomson Reuters I/B/E/S . CenturyLink reports third quarter 2016 results . Q3 adjusted earnings per share $0.56 . Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S . Q3 earnings per share $0.28 .Q3 revenue $4.4 billion versus I/B/E/S view $4.38 billion.  Full Article

CenturyLink to acquire Level 3 Communications for about $34 bln
Monday, 31 Oct 2016 06:30am EDT 

Centurylink Inc : CenturyLink to acquire Level 3 Communications . Says deal for about $34 billion . Glen Post will serve as CEO and President and Sunit Patel will serve as CFO for combined company . Level 3 shareholders will receive $26.50 per share in cash and a fixed exchange ratio of 1.4286 shares of CenturyLink . CenturyLink expects transaction to be accretive to free cash flow in first full year following close of transaction . Deal for $66.50 per Level 3 share . Shareholders will own approximately 51 percent and Level 3 shareholders will own approximately 49 percent of combined company . Increased scale afforded by combined company is expected to generate $975 million of annual run-rate cash synergies . Expect to maintain CenturyLink's annual dividend of $2.16 per share . Intends to finance cash portion of deal through cash on hand at company and Level 3 and about $7 billion of additional indebtedness . Received financing commitments from BofA Merrill Lynch, Morgan Stanley & Co of about $10.2 billion for new secured debt facilities .All existing indebtedness of Level 3 is expected to remain in place at Level 3.  Full Article

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BRIEF-CenturyLink announces pricing of $6 bln term loan B facility

* CenturyLink announces pricing and allocation of $6.0 billion term loan B facility