Market Currents

• Tuesday, July 28, 2009

• 00:10 AM Notable earnings after Tuesday's close: BDN, CBI, EQ, FIS, FTI, HTZ, IDTI, LIFE, MCK, MEE, NLC, NSC, PMTC, PSYS, SBAC, SPN, STM, STR, TE, THQI, TSS, WDC, XL Comment!

• Tuesday, June 23, 2009

• 16:52 PM Now that Embarq (EQ +1%) and CenturyTel (CTL +0.8%) have agreed to provide faster Internet speeds to rural customers, the FCC may decide this week in favor of their $11B merger - the last regulatory hurdle facing the deal. Comment!

• Wednesday, May 6, 2009

• 16:20 PM Embarq (EQ): Q1 EPS of $1.39 beats by $0.10. Revenue of $1.35B (-7.6%) in-line. (PR) Comment!

• Thursday, February 12, 2009

• 16:21 PM Embarq (EQ): Q4 EPS of $1.34 beats by $0.09. Revenue of $1.48B in-line. (PR) Comment!

• Wednesday, October 29, 2008

• 15:10 PM Notable earnings after the close: AAP, ACAS, AEM, AMKR, AMP, ATML, AW, BGC, BMR, CA, CLF, CME, COG, CYH, DTE, EQ, EQR, FR, FRT, FSLR, GNK, HAR, HBI, HIG, HIW, HLX, HRS, ICO, JDSU, MET, MUR, OI, OIS, ORLY, PRU, RNWK, SANM, SIRF, SPF, STR, SYMC, TRN, V, VCLK, WLL Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAP, ACAS, AEM, AMKR, AMP, ATML, AW, BGC, BMR, CA, CLF, CME, COG, CYH, DTE, EQ, EQR, FR, FRT, FSLR, GNK, HAR, HBI, HIG, HIW, HLX, HRS, ICO, JDSU, MET, MUR, OI, OIS, ORLY, PRU, RNWK, SANM, SIRF, SPF, STR, SYMC, TRN, V, VCLK, WLL Comment!

• Monday, October 27, 2008

• 07:26 AM Confirmed: CenturyTel (CTL) is buying larger rival Embarq (EQ) for about $5.76B in shares excluding debt, a 36% premium to Embarq's Friday close. Embarq shareholders will own 66% and CenturyTel 34% of the combined company. (PR) Comment!
• 06:43 AM CenturyTel (CTL) is set to buy larger rival Embarq (EQ) for about $5.76B in stock excluding debt, sources say. The deal marks a significant step toward the much-anticipated consolidation of U.S. regional phone carriers. Comment!

• Thursday, October 2, 2008

• 08:57 AM Embarq (EQ), which put itself up for sale several weeks ago, is finding suitors are not easy to come by, as potential acquirers face difficulties raising the necessary capital. Comment!

• Tuesday, July 29, 2008

• 16:20 PM Embarq (EQ): Q2 EPS of $1.38 beats by $0.10. Revenue of $1.55B (-3.5%) in-line. Shares -0.1%. [PR] Comment!
• 15:10 PM Notable post-close earnings: ACE, AMMD, CBG, CBI, CEPH, CTV, CTX, DWA, EAC, EOG, EQ, ERTS, EXR, FISV, GNW, HBI, IDTI, LNC, LRCX, MET, OMX, RFMD, URI, VIA, XRAY Comment!