Frontier Communications (NASDAQ: FTR) just completed the biggest acquisition in company history. Subsequently four hedge funds run by billionaires shed all or part of their holdings in the cable, phone, and broadband company.Of course, billionaires aren't infallible, but the actions of Tudor Investment Corp. Baupost Group, Highbridge Capital Management, and Millennium Management, led by billionaires Paul Tudor Jones, Seth Klarman, Glenn Russell Dubin, and Israel Englander, respectively, show how risky a proposition Frontier has become.
4 Billionaires Just Dumped Frontier Communication Shares
newsfeedback@fool.com (Daniel B. Kline), The Motley Fool
Thu, 05/26/2016 - 6:06pm
BING NEWS:
- Frontier Communications customers will get credits, refunds for shoddy service under PUC settlement
Southern Lancaster County Frontier Communications customers will get credits and refunds and should expect better service in the future as a result of a settlement designed to punish the company for ...
05/9/2024 - 12:59 pm | View Link - Demystifying Frontier Communications: Insights From 4 Analyst Reviews
In the assessment of 12-month price targets, analysts unveil insights for Frontier Communications, presenting an average target of $32.75, a high estimate of $39.00, and a low estimate of $30.00.
05/7/2024 - 8:11 am | View Link - Frontier Communications: Strong Q1 Performance and Promising Fiber Growth Signal Buy Rating
Bank of America Securities analyst Shipra Pandey reiterated a Buy rating on Frontier Communications Parent (FYBR – Research Report) yesterday and set a price target of $30.00. Shipra Pandey’s rating ...
05/6/2024 - 4:15 pm | View Link - Frontier's CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion
Frontier Communications Parent, Inc (NASDAQ:FYBR) reported a fiscal first-quarter revenue growth of 1.5% year-on-year to $1.46 billion, versus the analyst consensus estimate of $1.44 billion. The ...
05/3/2024 - 6:55 am | View Link - Frontier Communications Stock Slides After Company Reveals Cyberattack: The Details
Frontier says it detected that a third party had gained unauthorized access to portions of its information technology business on April 14. The company shut down certain systems in response, which ...
04/18/2024 - 6:09 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more