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CenturyLink Inc (CTL)

CTL on New York Consolidated

25.32USD
17 Jan 2017
Change (% chg)

$0.06 (+0.24%)
Prev Close
$25.26
Open
$25.26
Day's High
$25.35
Day's Low
$25.14
Volume
1,248,980
Avg. Vol
8,878,345
52-wk High
$33.45
52-wk Low
$21.94

Latest Key Developments (Source: Significant Developments)

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

Centurylink says unit Qwest Corp to sell $850 mln aggregate principal amount notes
Thursday, 11 Aug 2016 05:29pm EDT 

Centurylink Inc :Unit qwest corporation agreed to sell $850 million aggregate principal amount of 6.5% notes due 2056 - sec filing.  Full Article

CenturyLink sees Q3 adjusted earnings per share $0.52 to $0.57
Wednesday, 3 Aug 2016 04:17pm EDT 

CenturyLink Inc : CenturyLink reports second quarter 2016 results . Q2 earnings per share $0.36 . Q2 earnings per share view $0.59 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.63 excluding items . Q2 revenue $4.4 billion versus i/b/e/s view $4.39 billion . CenturyLink Inc sees q3 operating revenues $4.35 billion to $4.40 billion . Q2 earnings per share view $0.59 -- Thomson Reuters I/B/E/S . Sees Q3 core revenues $3.90 billion to $3.95 billion . Sees Q3 adjusted diluted eps $0.52 to $0.57 .Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.  Full Article

Centurylink acquires networking assets from company formerly known as Active Broadband Networks
Wednesday, 29 Jun 2016 07:59am EDT 

Centurylink Inc : Centurylink acquires networking assets from the company formerly known as Active Broadband Networks .Centurylink Inc says has acquired certain strategic assets of company formerly known as active broadband networks.  Full Article

CenturyLink Inc agrees to sell debt securities
Monday, 25 Jan 2016 04:21pm EST 

CenturyLink Inc:Says its wholly-owned subsidiary, Qwest Corporation, agreed to sell $235 million aggregate principal amount of 7% Notes due 2056.  Full Article

CenturyLink and Cogent enter into interconnection agreement
Tuesday, 24 Nov 2015 07:00am EST 

CenturyLink, Inc. and Cogent Communications:Says they have entered into a long-term, bilateral interconnection agreement for their public IP networks.This agreement allows the exchange of Internet traffic in a balanced, scalable and mutually economical manner to accommodate the growing use of the Internet.  Full Article

CenturyLink declares quarterly cash dividend
Tuesday, 10 Nov 2015 06:43pm EST 

CenturyLink:Declares a regular quarterly cash dividend of $0.54 per share on December 8, 2015, to shareholders of record on November 24, 2015.  Full Article

CenturyLink Inc gives Q3 2015 outlook; EPS outlook below analysts' estimates
Wednesday, 5 Aug 2015 04:05pm EDT 

CenturyLink Inc:Expects Q3 2015 operating revenues of $4.42 to $4.47 billion.Expects Q3 2015 core revenues of $4.02 to $4.07 billion.Expects Q3 2015 adjusted diluted EPS of $0.53 to $0.58.Q3 2015 revenue of $4.47 billion and EPS of $0.62 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Centurylink -refiled pre-merger notification under Hart-Scott-Rodino antitrust improvements act of 1976 related to Level 3 acquisition

* Centurylink -refiled pre-merger notification under hart-scott-rodino antitrust improvements act of 1976 in connection with previously-announced acquisition of level 3