Houston, Texas-based energy company $COP said in 1Q16 it raised $4.6Bil of low-cost debt. The company added that it reset the dividend for the lower end of the price cycle. At the end of 1Q16, $COP had about $5Bil of cash on hand.
$T said it will continue to invest in fiber deployment as much as, if not, more than anybody's investing right now. The company now markets fiber to 4.6MM locations across 52 metro areas. The company expects to add 2MM fiber locations in 2017 to reach 6MM by the end of the year.
$CMP announced that its CFO Patrick Dough Linehan has resigned due to personal circumstances, effective immediately. The departure of Linehan does not involve disputes with the company. While the process to identify a permanent CFO begins the company has named James 'Jamie' Standen, VP finance and treasurer, as the interim CFO and treasurer.