Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Frontier Communications files for bankruptcy protection [Yahoo! Finance News]

FRONTIER COMMUNICATIONS (FTR) 
Last frontier communications earnings: 3/31 05:21 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.frontier.com/investor-relations
) - Frontier Communications Corp has filed for bankruptcy protection in the United States, the high-speed internet company said on Tuesday, as it restructures finances to cut down its borrowings by more than $10 billion.The company, which warned on its ability to continue as a going concern last month, had been in discussions with some of its lenders and was also mulling restructuring options.Frontier said it has entered an agreement with its bondholders and received $460 million in debtor-in-possession financing."With this agreement with our bondholders, we can now focus on executing our strategy to drive operational efficiencies and position our business for long-term growth," President and Chief Executive Officer Bernie Han said.The Norwalk, Connecticut-based company estimated its assets and liabilities both in the range of $10 billion to $50 billion, according to a filing in the U.S. Bankruptcy Court for the Southern District of New York.Frontier also said it would continue with t Show less Read more
Impact Snapshot
Event Time:
FTR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FTR alerts
Opt-in for
FTR alerts

from News Quantified
Opt-in for
FTR alerts

from News Quantified