GSAT - Globalstar, Inc.
0.5100 -0.02 (-3.34%)
After hours: 5:15PM EDT
| Previous Close | 0.5467 |
| Open | 0.5405 |
| Bid | 0.5100 x 3200 |
| Ask | 0.5898 x 1200 |
| Day's Range | 0.5200 - 0.5490 |
| 52 Week Range | 0.4300 - 2.3000 |
| Volume | 3,432,916 |
| Avg. Volume | 5,193,995 |
| Market Cap | 666.417M |
| Beta | 1.49 |
| PE Ratio (TTM) | 35.17 |
| EPS (TTM) | 0.0150 |
| Earnings Date | Aug 1, 2018 - Aug 6, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1.60 |
- ACCESSWIRE•13 hours ago
Correction: Globalstar Brings Out New Tech and a Mega Telecom Merger, Analysts Review
CORRECTION: Our previous press release stated that Globalstar was an unprofitable company. Globalstar did report on May 10th a $.06 per share profit for Q1 2018. NEW YORK, NY / ACCESSWIRE / June 18, 2018 ...
- ACCESSWIRE•16 hours ago
Globalstar Brings Out New Tech and a Mega Telecom Merger
NEW YORK, NY / ACCESSWIRE / June 18, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive ...
- ACCESSWIRE•16 hours ago
Today’s Free Research Reports Coverage on Sprint and Three More Wireless Communications Stocks
This Monday, WallStEquities.com has initiated reports coverage on the following Wireless Communications equities: Globalstar Inc. (NYSE AMER: GSAT), NII Holdings Inc. (NASDAQ: NIHD), Sprint Corp. (NYSE: S), and Telephone and Data Systems Inc. (NYSE: TDS). All you have to do is sign up today for this free limited time offer by clicking the link below.
- Zacks•6 days ago
Intelsat (I) in Focus: Stock Moves 7.6% Higher
Intelsat (I) was a big mover last session, as the company saw its shares rise nearly 8% on the day.
- PR Newswire•13 days ago
Lifshitz & Miller LLP Announces Investigation of ARMO BioSciences, Inc., Financial Engines, Inc., Globalstar, Inc., Gridsum Holding Inc., InnerWorkings, Inc., Incyte Corporation, PPG Industries, Inc., and Spectrum Brands Holdings, Inc.
NEW YORK , June 5, 2018 /PRNewswire/ -- ARMO BioSciences, Inc. (ARMO) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of ARMO ...
- PR Newswire•25 days ago
Merger Between Globalstar, Inc. and Thermo Acquisitions, Inc. Investigated by Block & Leviton LLP For Potential Breaches of Fiduciary Duty
BOSTON , May 24, 2018 /PRNewswire/ -- Block & Leviton LLP ( www.blockesq.com ), a shareholder litigation firm representing investors nationwide, is investigating whether the board of directors of Globalstar, ...
- Reuters•last month
Mudrick Capital sues Globalstar over merger with FiberLight
Mudrick Capital, which according to Thomson Reuters data is the largest outside investor in Globalstar with a 5.6 percent stake, claims in the lawsuit that funding the merger with Globalstar stock would significantly dilute minority stockholder interest because Globalstar's chief executive officer, James Monroe, is also the majority owner of FiberLight's parent company, Thermo Cos.
- Bloomberg•last month
Mudrick Capital Sues Globalstar Over ‘Self-Dealing’ Merger
Plans call for Globalstar, the satellite communications company where Monroe is also chairman, to be combined with FiberLight LLC and other assets in a deal valued at $1.65 billion. Mudrick’s lawsuit filed in Delaware Chancery Court on Thursday claims that the terms are unfair, and says Monroe will benefit based on his roles at the two companies and other affiliates that are contributing cash and assets to the new business.
- ACCESSWIRE•last month
Blog Exposure - Leadership Change At Telecom Major Vodafone As CFO Nick Read Readies To Take Over Mantle From CEO Vittorio Colao
LONDON, UK / ACCESSWIRE / May 17, 2018 / If you want access to our free research report on Vodafone Group PLC (NASDAQ: VOD) ("Vodafone"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=VOD as the Company's latest news hit the wire. On May 15, 2018, the Company announced that Vittorio Colao, Group Chief Executive Officer (CEO), has decided to exit from the Company by the end of September 2018. The Board has identified Nick Read, Group Chief Financial Officer (CFO), as the successor, and he will take charge as the Group CEO with effect from October 01, 2018.
- Thomson Reuters StreetEvents•last month
Edited Transcript of GSAT earnings conference call or presentation 10-May-18 12:30pm GMT
Q1 2018 Globalstar Inc Earnings Call
- Motley Fool•last month
Here's How Globalstar, Inc. Stock Fell 11% Last Month
A rip-roaring roller-coaster ride ended with a low-priced buyout offer from the satellite communications specialist's own CEO.
- Business Wire•last month
SPOT Introduces the New SPOT X 2-Way Satellite Messenger
SPOT LLC, a wholly owned subsidiary of Globalstar, Inc., and the leader in satellite messaging and emergency notification technologies, today introduced SPOT X™, a 2-way satellite messaging device.
- Associated Press•last month
Globalstar: 1Q Earnings Snapshot
On a per-share basis, the Covington, Louisiana-based company said it had net income of 6 cents. Losses, adjusted for non-recurring gains, were 2 cents per share. The satellite communications company posted ...
- Business Wire•last month
Globalstar Announces First Quarter 2018 Results
Globalstar, Inc. today announced its financial results for the quarter ended March 31, 2018.
- Business Wire•last month
Globalstar, Inc. Earnings Call Release Notice
Globalstar, Inc. will announce its first quarter 2018 financial results on Thursday, May 10, 2018 before the market opens. The Company will conduct a conference call that morning at 8:30 a.m.
- GlobeNewswire•2 months ago
Kaskela Law LLC Announces Investigation of Globalstar, Inc. on Behalf of Stockholders – GSAT
RADNOR, Pa., May 03, 2018-- Kaskela Law LLC has commenced an investigation of Globalstar, Inc. on behalf of the Company’ s stockholders. The investigation concerns Globalstar and its directors’ and officers’ ...
- Business Wire•2 months ago
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation of Globalstar, Inc.
The following statement is being issued by Levi & Korsinsky, LLP:
- Business Wire•2 months ago
Globalstar to Participate in 22nd Annual Burkenroad Reports Investment Conference
Globalstar, Inc. announced today that it will participate in the 22nd Annual Burkenroad Reports Investment Conference in New Orleans, LA. Jay Monroe, Chairman and CEO, will present at 8:30 a.m.
- Business Wire•2 months ago
Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Globalstar, Inc. (GSAT) on Behalf of Stockholders and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Globalstar, Inc. stockholders concerning the proposed acquisition of the company by Thermo Acquisition, Inc.
- PR Newswire•2 months ago
Globalstar Buyout Alert - National Securities Law Firm Seeks Higher Price for Globalstar Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm Tripp Levy PLLC for More Information
NEW YORK, April 26, 2018 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of Globalstar, Inc. (GSAT) ("Globalstar" or the "Company") on behalf of its shareholders. Globalstar announced that it has entered into a definitive agreement with Thermo Acquisitions, Inc. pursuant to which the following assets will be combined with Globalstar: metro fiber provider FiberLight, LLC (FiberLight), 15.5 million shares of common stock of CenturyLink, Inc. (CTL) (CenturyLink), $100 million of cash and minority investments in complementary businesses and assets of $25 million in exchange for Globalstar common stock valued at approximately $1.65 billion, subject to adjustments. Thermo Acquisition, Inc. is controlled by Jay Monroe, Executive Chairman of the Board of Directors and Chief Executive Officer of Globalstar.
- GlobeNewswire•2 months ago
New Research: Key Drivers of Growth for Carpenter Technology, Capstone Turbine, Globalstar, Harsco, Triple-S Management, and Spectrum Brands — Factors of Influence, Major Initiatives and Sustained Production
NEW YORK, April 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
- PR Newswire•2 months ago
Globalstar (GSAT) ALERT: Johnson Fistel Investigates Proposed Sale of Globalstar, Inc.; Are Shareholders Getting a Fair Deal?
SAN DIEGO , April 26, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Globalstar, Inc. (NYSE: GSAT) ("Globalstar") ...
- Motley Fool•2 months ago
Why Globalstar Inc. Stock Fell Hard Today
This merger announcement is not the profitable exit many investors were looking for.
- The Wall Street Journal•2 months ago
Globalstar to Merge With FiberLight in $1.65 Billion Deal
Globalstar Inc. plans to merge with landline operator FiberLight LLC in a $1.65 billion combination designed to put the unprofitable satellite company on firmer footing as it chases new customers. The complex deal engineered by telecom investor Jay Monroe would also fold in assets of investment firm Thermo, which holds minority stakes in several companies, including CenturyLink Inc., and $100 million of cash. Globalstar, FiberLight and Thermo are all controlled Mr. Monroe, who serves as Globalstar chairman and chief executive.
- Reuters•2 months ago
Globalstar to merge with FiberLight in $1.65 billion deal
(Reuters) - Satellite provider Globalstar Inc (GSAT.A) said on Wednesday it would merge with landline operator FiberLight LLC in a deal valued at $1.65 billion (1.18 billion pounds) to create a company ...
