May 09, 2017 - Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) has filed a financial statement reporting Liabilities of $499,007,000 USD. Previously, on May 10, 2018, Hawaiian Telcom Holdco, Inc. reported Liabilities of $496,043,000 USD. This represents a change of 0.60% in Liabilities.
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In the last five trading days, telecom stocks witnessed a sharp rise initially as China eased some foreign investment curbs but fell slightly thereafter to maintain a flat trajectory. The stocks regained the lost ground later in the week due to temporary relief to ZTE to resume some business activities. Amid the looming trade war tensions between the United States and China, the communist nation took a positive step toward easing the limits on foreign ownership in some of its closely guarded sectors. (6-0)
Cincinnati Bell Inc. (CBB - Free Report) recently announced that it has completed the acquisition of Hawaiian Telcom Holdco, Inc. . The financial terms of the deal remained undisclosed. Headquartered in Honolulu, Hawaiian Telcom is Hawai‘i’s fiber-centric technology leader and provides integrated communications, broadband, data center and entertainment solutions for business and residential customers. (2-0)
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. As usual, a new quarter and the second half of the trading year will begin with a shortened week due to the Independence Day holiday -- a "trading week interruptus," with July 4 landing on Wednesday. (254-5)
In the last five trading days, telecom stocks flattered to deceive as the initial upturn was replaced by a persistent downturn for the most part of the past week as President Trump renewed fears of a fresh trade war with China. The on-again off-again trade war between the United States and China took a new turn when Trump imposed a fresh salvo of tariffs worth $50 billion on Chinese imports last week. (43-0)
Cincinnati Bell Inc. (CBB - Free Report) recently announced that it has received final regulatory approval from the U.S. Federal Communications Commission (“FCC”) to acquire Hawaiian Telcom Holdco, Inc. . The transaction is now subject to the satisfaction of customary closing conditions. Headquartered in Honolulu, Hawaiian Telcom is Hawai‘i’s technology leader. The company provides integrated communications, broadband, data center and entertainment solutions for business and residential customers. (20-0)