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2023-11-07 02:28:50 ET Summary Lumen Technologies has made significant progress in reducing debt and simplifying its operations through divestitures. The company has shown operational improvements and is actively addressing challenges in its business segment. LUMN's recent ins...
2023-11-06 14:57:03 ET More on Communication Services Select Sector SPDR Fund XLC: Communication Services Getting Stronger Despite Alphabet's Fall XLC ETF: Yes And No Intel, Elliott Wave, Fibonacci And Wyckoff; How To Approach ETFs With Cestrian Capital Research (Gro...
2023-11-06 12:23:43 ET DENVER, Colo., Nov. 6, 2023 ( www.247marketnews.com )- The following companies published announcements or are trading higher on higher-than-usual midday volume; OrganiGram Holdings Inc (NASDAQ: OGI), British American Tobacco PLC (NYSE: BTI), MSP Recovery Inc (NASD...
2023-11-06 09:10:49 ET More on Lumen Lumen: Still A Cautious Buy After Controversial Creditor Agreement And Q3 Earnings Lumen Technologies: A Deep Dive Into The Proposed $16 Billion Debt Restructuring Lumen Non-GAAP EPS of -$0.09 misses by $0.15, revenue of $3.64B be...
2023-11-06 03:26:10 ET Summary Lumen Technologies' stock is trading at multi-decade lows, suggesting the market is pricing it for imminent bankruptcy. The company seems to be largely on track for its turnaround plans based on the Q3 earnings release. Amid a controversial credi...
2023-11-06 03:24:07 ET Summary Lumen Technologies has reached an agreement with creditors to restructure its debt, including the issuance of $1.2 billion in new first-lien indentures. LUMN plans to reduce its workforce by 4% and cut capital expenditures to cover the additional $15...
2023-11-05 19:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2023-11-03 16:50:30 ET More on Lumen Lumen: Point Of No Return (Rating Downgrade) Lumen Technologies: Don't Look Back Lumen Non-GAAP EPS of -$0.09 misses by $0.15, revenue of $3.64B beats by $30M For further details see: Lumen Technologies CEO discloses p...
2023-11-03 14:25:52 ET Summary Lumen Technologies, Inc. shares briefly dropped below $1.00 after the company struck a deal with creditors that will see them push out debt maturities and provide additional financial flexibility. Lumen's third quarter earnings fell short of expectat...
2023-11-03 13:53:20 ET Summary Lumen Technologies is facing constant restructuring and slashing of financial targets, leading to a serial decline in the telecom company. The company had to restructure its debt and negotiate with creditors holding $7 billion in debt, with limited f...
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Lumen Technologies sets second quarter 2024 earnings call date PR Newswire DENVER , July 9, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will release its sec...
2024-07-01 16:37:53 ET Lumen Technologies (NYSE: LUMN) stock closed out today's trading with moderate gains. The company's share price ended the daily session up roughly 1%, according to data from S&P Global Market Intelligence . The stock had been down as much as 11% earlie...
Lumen Technologies to Present at the 2nd Annual UBS Women in Tech Summit PR Newswire DENVER , June 5, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, ...