• Shares of Level 3 Communications, Inc. (LVLT) rose 3.9% on news that the company will be acquired by CenturyLink (NYSE:CTL), Inc. (CTL) for $34 billion or $66.50 per share
• Cardinal Health (NYSE:CAH) Inc’s (CAH) shares advanced 1.8% after reporting fiscal first quarter adjusted earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.21
• Shares of Check Point Software Technologies (NASDAQ:CHKP) Ltd. (CHKP) increased 4.4% after announcing third-quarter adjusted earnings per share of $1.13, rising 9% year-over-year
• Diamond Offshore Drilling (NYSE:DO), Inc’s (DO) shares decreased 3.9% after posting third quarter revenues of $349.2 million, missing the Zacks Consensus Estimate of $362 million
LEVEL 3 COMM (LVLT): Free Stock Analysis Report
CENTURYLINK INC (CTL): Free Stock Analysis Report
CARDINAL HEALTH (CAH): Free Stock Analysis Report
CHECK PT SOFTW (CHKP): Free Stock Analysis Report
DIAMOND OFFSHOR (DO): Free Stock Analysis Report
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Zacks Investment Research