We're Placing Windstream and Uniti Under Review Amid Rumors of Pending Windstream Bankruptcy
Rumors circled on Feb. 25, 2019, that a Windstream bankruptcy filing was imminent, the immediate aftereffect of the firm's recent trial loss that determined it had breached a debt covenant. Though we assumed Windstream would be unable to survive that judgment, we expected the firm would remain solvent until it could appeal the decision. With that looking increasingly unlikely, we are placing Windstream stock under review.Uniti has also been in flux in the aftermath of the legal decision, as it ...
Windstream Holdings is a holding company. Through its subsidiaries, the company is a provider of network communications and technology solutions for businesses across the U.S. The company also provides broadband, entertainment and security solutions to consumers and small businesses primarily in rural areas. The company's consumer & small business segment provides local and long-distance voice services and high-speed Internet services. The company's enterprise segment provides integrated voice and data services, which deliver voice and broadband services over a single Internet connection. The company's wholesale operations are focused on providing network bandwidth to other telecommunications carriers and content providers.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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