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LBTYA

Liberty Global

$33.00

0.9 (2.80%)

, LBTYK

Liberty Global

$31.90

0.91 (2.94%)

08:52
10/06/17
10/06
08:52
10/06/17
08:52

Liberty Global provides update on impact of hurricanes in the Caribbean

Liberty Global provided an update on the impact of Hurricane Irma and Hurricane Maria on its operations in the Caribbean. The company said, "In Cable & Wireless, over 50% of mobile sites across our impacted markets of Anguilla, Antigua & Barbuda, British Virgin Islands, Dominica, Montserrat, St Kitts & Nevis, and Turks & Caicos are now online and we continue to make progress with further repairs. Our fixed networks also suffered significant damage across these markets and we are working to re-establish connectivity as quickly as possible. The revenue contribution from the markets where we experienced the most significant impact from Hurricane Irma and Hurricane Maria represent around 4% of C&W's Q2 2017 revenue. Although we suffered some damage to our sub-sea systems due to Hurricanes Irma and Maria, the redundancy and resilience of our networks enabled us to maintain connectivity throughout all our countries served, with the exception of Dominica that went temporarily offline but was quickly restored once the storm passed. The impact of the hurricanes on our Liberty Cablevision Puerto Rico operation and C&W in Puerto Rico are still being assessed. Individuals and businesses across Puerto Rico are dealing with the challenges caused by water, fuel and food shortages and severe damage to essential infrastructure. As for most businesses, LCPR and C&W are dependent on, among other things, power supply to deliver our services. Puerto Rico's power supply and transmission system was severely impacted by the hurricanes and power is still only available in a limited portion of the island. Accordingly, we cannot predict when and to what extent LCPR and C&W will be able to restore services across the island....Given the uncertainty of the ultimate impacts that the recent hurricanes have had on our businesses, we are reviewing our previously-issued 2017 financial guidance for LiLAC and we will provide an update at our upcoming third quarter 2017 investor call in November."

LBTYA

Liberty Global

$33.00

0.9 (2.80%)

LBTYK

Liberty Global

$31.90

0.91 (2.94%)

LILA

Liberty Global LiLAC

$25.36

-0.17 (-0.67%)

LILAK

Liberty Global LiLAC

$25.16

-0.2 (-0.79%)

LBTYA Liberty Global
$33.00

0.9 (2.80%)

09/06/17
09/06/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Caterpillar (CAT) initiated with a Neutral at Seaport Global. 2. Liberty Global (LBTYA) initiated with a Buy at Deutsche Bank. 3. TransUnion (TRU) initiated with a Buy at SunTrust. 4. Inovio (INO) initiated with a Buy at Citi. 5. e.l.f. Beauty (ELF) initiated with a Buy at DA Davidson. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/11/17
EXAN
09/11/17
DOWNGRADE
EXAN
Underperform
Liberty Global downgraded to Underperform from Outperform at Exane BNP Paribas
09/29/17
BUCK
09/29/17
INITIATION
Target $44
BUCK
Buy
Liberty Global initiated with a Buy at Buckingham
Buckingham analyst Matt Harrigan initiated Liberty Global with a Buy and $44 price target. The analyst said Liberty is well positioned as the largest European beneficiary of a robust global cable technology/product pipeline, combined with an aggressive capital return program that should reduce shares outstanding by another 22% over his forecast through 2020 .
09/29/17
09/29/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Regeneron (REGN) assumed with an Overweight at Piper Jaffray. 2. MasterCard (MA) and Visa (V) were initiated with an Overweight at Cantor Fitzgerald. 3. Liberty Global (LBTYA, LBTYK) and Liberty Global LiLAC (LILA) were initiated with a Buy at Buckingham. 4. Corbus Pharmaceuticals (CRBP) coverage assumed with a Buy at Noble Financial. 5. Medpace (MEDP) initiated with a Market Perform at Raymond James. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
LBTYK Liberty Global
$31.90

0.91 (2.94%)

LILA Liberty Global LiLAC
$25.36

-0.17 (-0.67%)

07/24/17
RBCM
07/24/17
DOWNGRADE
RBCM
Sector Perform
Liberty Global LiLAC downgraded to Sector Perform at RBC Capital
09/27/17
MACQ
09/27/17
DOWNGRADE
Target $25
MACQ
Neutral
Liberty Global LiLAC downgraded to Neutral from Outperform at Macquarie
Macquarie analyst Amy Young downgraded Liberty Global LiLAC to Neutral and cut its price target to $25 from $30 saying the impact of recent hurricanes could impact near-term operations and interrupt Liberty-CWC integration. The analyst said Puerto Rico represents 11% of FY18 revenue and expects associated repairs/credits will raise operating expenses and capex.
09/29/17
BUCK
09/29/17
INITIATION
Target $30
BUCK
Buy
Liberty Global LiLAC initiated with a Buy at Buckingham
Buckingham analyst Matthew Harrigan initiated Liberty Global LiLAC with a Buy and $30 price target. The analyst said LiLAC has top market positions in the Latin and Caribbean markets with quad play capability and a large organic market growth opportunity.
LILAK Liberty Global LiLAC
$25.16

-0.2 (-0.79%)

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