Author Archives: Scalper1

CenturyLink Data Centers For Sale; Is Verizon Next?

CenturyLink (CTL) plans to sell 59 worldwide data centers that house computer servers and networking gear, but analysts disagree on potential buyers. Verizon Communications (VZ) could also put its data centers on the block, speculates Bernstein Research. A Verizon spokesperson declined comment. CenturyLink is the nation’s No. 3 local phone company, behind AT&T (T) and Verizon. Macquarie Capital says wholesale data center operator Digital Realty

Criteo Can Look To China For Growth In 2016: Analyst

Criteo (CRTO) will continue to show rapid growth and expand beyond its e-commerce and online travel advertising core, analysts said, after the Paris-based ad-tech company’s shares fell 16% Wednesday to a nearly two-month low after its Q3 earnings disappointed. In its earnings release early Wednesday, the company pointed to foreign exchange headwinds as weighing on its results and guidance. Criteo was up a fraction in midday trading in the stock

Celgene Reports Mixed Q3 As Cancer Rivals Rise

Big biotech Celgene (CELG) beat analysts’ Q3 earnings expectations but came up short on the top line Thursday morning, sending shares down sharply in early trading. Celgene earnings rose 27% over the year-earlier quarter to $1.23 a share, excluding one-time items, beating analysts’ consensus by a penny. Revenue climbed 18% to $2.33 billion, about $70 million below consensus, according to Thomson Reuters. Celgene affirmed its previous full-year