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BofA/Merrill downgrades Windstream (WIN) to Neutral. The rural telco, which reaffirmed its...

BofA/Merrill downgrades Windstream (WIN) to Neutral. The rural telco, which reaffirmed its commitment to its lofty dividend (11.4% yield) in February amidst concerns it's unsustainable, delivers its Q1 report on May 9. Shares fell on Wednesday in response to AT&T's disappointing wireline top-line numbers (particularly for wireline voice services). 13.2% of the float was shorted as of March 28.
Comments (3)
  • What the Hell, BofA/Merrill cut WIN to neutral, not underperform.
    26 Apr 2013, 10:30 AM Reply Like
  • Thanks for correcting it.
    26 Apr 2013, 11:13 AM Reply Like
  • I'm going to sleep late on May 9.
    26 Apr 2013, 12:21 PM Reply Like
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