CommScope Holding Company, Inc. (COMM) News
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COMM News Highlights
- COMM's 30 day story count now stands at 21.
- Over the past 23 days, the trend for COMM's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- The most mentioned tickers in articles about COMM are CFR, FI and APR.
Latest COMM News From Around the Web
Below are the latest news stories about CommScope Holding Company Inc that investors may wish to consider to help them evaluate COMM as an investment opportunity.
CommScope (COMM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CommScope (COMM) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
CommScope Holding Company, Inc., plans to release its first quarter 2021 financial results on Thursday, May 6, before the market opens.
CommScope announced the retirement of chief legal officer Burk Wyatt, effective June 1, 2021, who will be succeeded by Justin Choi.
While CommScope (COMM) intends to separate its Home Networks business to create an independent publicly traded entity, Verizon (VZ) is testing the efficacies of 5G and mobile edge computing in connected and autonomous vehicles.
CommScope (COMM) is 5.9% higher today, building on gains after it announced a planned spin-off of its Home Networks business. Analysts across the spectrum are uniformly positive on the development. Rosenblatt Securities upgraded the stock to Buy from Neutral, and boosted its price target to $21 from $14.50, matching Credit...
CommScope Holding Company, Inc. has embarked on a cost-cutting drive. The provider of connectivity solutions for communications networks is spinning off its Home Networks and other businesses as it seeks to reduce operating costs. The Home Networks business spin-off is part of CommScope's (COMM) strategy that focuses on optimizing the business portfolio, enhancing market growth, and control costs. The separation is to be carried out through a tax-free spin-off resulting in forming a new independent public company. The fact that the Home Networks unit boasts distinct strategy and growth characteristics necessitated the spin-off push.
Northland Securities Stick to Their Buy Rating for Commscope Holding
CommScope Holding Company, Inc. -- Moody's says no impact to CommScope's B1 CFR and negative outlook from Home Networks divestiture announcement
Announcement: Moody's says no impact to CommScope's B1 CFR and negative outlook from Home Networks divestiture announcementGlobal Credit Research - 09 Apr 2021New York, April 09, 2021 -- Moody's Investors Service, ("Moody's") said that CommScope Holding Company, Inc.'s ("CommScope" or "the company") announcement to divest its Home Networks business does not impact CommScope's ratings including its B1 Corporate Family Rating ("CFR") or its negative outlook at this time. CommScope recently announced plans to spin off its Home Networks segment as a stand-alone public company by early 2021.
Wall Street closed higher on Thursday supported by technology stock's rally.