Straits Times Index
3,322.77 +15.33 (+0.46%) S&P 500
5,421.03 +45.71 (+0.85%) Dow
38,712.21 -35.21 (-0.09%) Nasdaq
17,608.44 +264.89 (+1.53%) Bitcoin USD
67,361.87 -73.12 (-0.11%) CMC Crypto 200
1,422.44 +9.49 (+0.67%)
CCI Jun 2024 75.000 put
| Previous close | 0.1500 |
| Open | 0.1500 |
| Bid | 0.0000 |
| Ask | 0.6500 |
| Strike | 75.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.1500 - 0.1500 |
| Contract range | N/A |
| Volume | |
| Open interest | 36 |
ZacksCrown Castle (CCI) Plans Operational Changes, Revises '24 View
Focusing its sales efforts and increasing return thresholds for new growth opportunities, Crown Castle (CCI) implements operational changes. It also revised the full-year 2024 outlook.
- Reuters
Crown Castle cuts annual profit forecast, reduces workforce amid fiber business review
Crown had initiated a strategic and operating review of its fiber business, which made up about 32% of the company's revenue in the quarter ended Mar. 31, in December last year after reaching a deal with activist investor Elliott Investment Management. Elliott, which disclosed a $2 billion stake in the company in November, had been pushing Crown to consider selling the fiber business. As part of the deal, Crown also replaced two board directors.
GlobeNewswireCrown Castle Implements Operational Changes and Updates Outlook for Full Year 2024
Focus on Higher Return Projects Results in Approximately $300 Million Capital Expenditure Reduction and $60 Million Expense SavingsFiber Strategic Review Active and Ongoing HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today announced plans to enhance operational performance and updated its full year 2024 outlook. "As we have continued to progress the strategic and operating review of Crown Castle's fiber business, we are implementing changes designed
