GSAT - Globalstar, Inc.
| Previous Close | 0.650 |
| Open | 0.680 |
| Bid | 0.470 x 400 |
| Ask | 0.965 x 5000 |
| Day's Range | 0.630 - 0.700 |
| 52 Week Range | 0.530 - 2.590 |
| Volume | 8,736,449 |
| Avg. Volume | 4,517,404 |
| Market Cap | 831.126M |
| Beta | 1.52 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.080 |
| Earnings Date | May 2, 2018 - May 7, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 0.70 |
- Business Wire•12 hours 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•19 hours 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•20 hours 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•21 hours 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 days 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 days 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 days 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 ...
- Reuters•2 days ago
Globalstar to merge with FiberLight in $1.65 bln deal
Satellite provider Globalstar Inc said on Wednesday it would merge with landline operator FiberLight LLC in a deal valued at $1.65 billion to create a company with assets across satellite, spectrum, fiber ...
- Business Wire•2 days ago
Globalstar to Merge with Metro Fiber Provider FiberLight and Acquire Other Assets in Stock Transaction
Globalstar, Inc. (NYSE American: GSAT) today announced it has signed a merger 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.
- Business Wire•9 days ago
Globalstar Announces the Release of Sat-Fi2, the World’s Most Advanced Satellite Hotspot
Globalstar, Inc. today introduced Sat-Fi2™, a lightweight, portable satellite hotspot providing reliable communications through any Wi-Fi enabled smart device.
- Benzinga•16 days ago
Globalstar's Portfolio Has Potential, But Monetization Is Key, Morgan Stanley Says
The significant discounted valuation the markets have ascribed to Globalstar, Inc. (NYSE: GSAT )'s 11.5 MHz of 24-GHz spectrum relative to recent auction/spectrum transactions is warranted, according to ...
- ACCESSWIRE•16 days ago
Today’s Research Reports on Trending Tickers: VirnetX Holding and Globalstar
NEW YORK, NY / ACCESSWIRE / April 11, 2018 / U.S. equities regained their footing on Tuesday, as trade tensions between the U.S. and China calmed after comments from the Chinese President Xi Jinping. The ...
Markit•16 days agoSee what the IHS Markit Score report has to say about Globalstar Inc.
Index (PMI) data, output in the Telecommunications Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
- Motley Fool•18 days ago
Why Globalstar, Inc. Stock Fell 27.7% in March
The satellite communications company can't find a partner to launch a groundbreaking data network, and investors are running out of patience.
- Motley Fool•last month
Forget Bitcoin: You're Better Off Buying These 3 Stocks
With great potential returns come great risk. In the long run, these stocks will treat you better than the leading cryptocurrency.
- Simply Wall St.•last month
When Should You Buy Globalstar Inc (NYSEMKT:GSAT)?
Globalstar Inc (AMEX:GSAT), a telecom company based in United States, saw significant share price volatility over the past couple of months on the AMEX, rising to the highs of $1.34Read More...
Markit•last monthSee what the IHS Markit Score report has to say about Globalstar Inc.
Index (PMI) data, output in the Telecommunications Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
- Business Wire•2 months ago
Globalstar Launches Automotive Team to Bring Enhanced Global Connectivity to the Next Generation of Connected and Autonomous Vehicles
Globalstar, Inc. , a leading provider of global mobile satellite communications services, today announced that the Company has launched Globalstar Automotive, a newly formed division to support future connected and autonomous vehicles and intelligent transport.
- ACCESSWIRE•2 months ago
Free Post Earnings Research Report: T-Mobile Delivered Record-Breaking Financial Results
Stock Monitor: Globalstar Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 9, 2018 / Active-Investors.com has just released a free earnings report on T-Mobile US, Inc. (NASDAQ: TMUS ). If you want ...
- Insider Monkey•2 months ago
Groupon Inc (GRPN), Globalstar, Inc. (GSAT) & More: Five Cheap Stocks to Buy Now
Investing in cheap stocks can be risky and inexperienced investors are usually advised to stay clear of them, even though many new investors go straight to cheap stocks hoping to score big. Of course, in case of a successful investment, the returns can indeed be very big, given that cheap stocks are prone to bigger […]
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of GSAT earnings conference call or presentation 22-Feb-18 10:00pm GMT
Q4 2017 Globalstar Inc Earnings Call
- Associated Press•2 months ago
Globalstar reports 4Q loss
On a per-share basis, the Covington, Louisiana-based company said it had a loss of 2 cents. The satellite communications company posted revenue of $29.4 million in the period. For the year, the company ...
- GlobeNewswire•2 months ago
Globalstar Announces 2017 Fourth Quarter and Annual Results
COVINGTON, La., Feb. 22, 2018-- Globalstar, Inc. today announced financial and operating results for the fourth quarter and year ended December 31, 2017.. Jay Monroe, Chairman and Chief Executive Officer ...
- ACCESSWIRE•2 months ago
Globalstar, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 22, 2018 / Globalstar, Inc. (NYSE AMERICAN: GSAT ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 22, 2018 at 5:00 PM Eastern ...
- Simply Wall St.•2 months ago
Are Globalstar Inc’s (NYSEMKT:GSAT) Interest Costs Too High?
Globalstar Inc (AMEX:GSAT) is a small-cap stock with a market capitalization of US$1.21B. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they endRead More...
