25.24 +0.02 (0.08%)
After hours: 5:05PM EDT
|Bid||25.23 x 3100|
|Ask||25.82 x 1200|
|Day's Range||25.06 - 27.19|
|52 Week Range||16.64 - 28.24|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has today assigned a B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR) to Connect Bidco Limited ('Connect Bidco'), the top-entity of the ring-fenced group that will acquire and ultimately own Inmarsat plc ('Inmarsat') (Connect Bidco Limited is a joint venture company formed by private equity groups Apax and Warburg Pincus alongside Canada's CPPIB and Ontario Teachers' Pension Plan Board). The agency has also assigned B1 ratings to the USD2.7 billion term loan B (due 2026) and USD700 million of revolving Credit Facility (RCF, due 2024) being issued by Connect Finco Sarl and Connect U.S. Finco LLC (a newly formed entity to be a subsidiary of Connect Bidco) in order to pre-fund the acquisition transaction expected to be completed before year-end 2019.
Per the deal with Stratosat Datacom , Intelsat S.A. (I) will provide high-speed broadband services for seamless Internet and Virtual Private Networking connectivity across the region.
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Iridium (IRDM) delivered earnings and revenue surprises of 11.11% and 7.12%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Aireon, a company that relies on satellites to track flights, is expanding its footprint in Tysons. The company announced Monday in conjunction with Gov. Ralph Northam that it would make a slight headquarters move to accommodate its growth. Aireon has shifted its offices over to a building at 8484 Westpark Drive, about a mile away from its old space at 1750 Tysons Blvd. The firm now occupies about 26,000 square feet in the building — 150% more space, it said — which will allow Aireon to add another 50 employees in the next three years.
Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Satellite company Ubiquitilink wants people to be able to use their cell phones in the middle of the Sahara Desert or the deepest parts of the Amazon by deploying a network of thousands of small satellites into orbit. The company, which would charge carriers for access to its satellite network, listed $5.75 million as its total offering in Wednesday's filing.
Is Iridium Communications Inc. (NASDAQ:IRDM) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]
Iridium Communications Inc NASDAQ/NGS:IRDMView full report here! Summary * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for IRDM with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 21. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold IRDM had net inflows of $1.21 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Matt Desch has been the CEO of Iridium Communications Inc. (NASDAQ:IRDM) since 2006. First, this article will compare...
The fast-growing $384 billion space industry is generating investor interest, and one recently launched exchange-traded fund, Procure Space ETF (UFO), is giving Wall Street a way to play the sector.
Iridium Communications Inc. (IRDM) has managed to build something akin to this sort of temporary monopoly , thanks to its unique position in the private Low-Earth Orbit (LEO) satellite internet and telecommunications industry. Warning! GuruFocus has detected 3 Warning Signs with IRDM. Yet, as we discussed in our last entry, the company is facing a wave of new would-be competitors that aim to carve out big pieces of the LEO satellite internet business for themselves.
Fifty years after Apollo 11, commercial space travel shows enough promise to have some people betting it may be a trillion dollar business. Ron Epstein, research analyst at Bank of America Merill Lynch, explains how investors can get exposure to the space industry and who should be investing in it.
SpaceX successfully launched and landed its Falcon 9 rocket on the California coast today. Andrew Chanin, ProcureAm Co-Founder & CEO, joins Seana Smith on 'The Ticker' to discuss how his company's ETF is giving investors access into the space race.