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Satellite Communication Stocks Poised for Huge Growth (GSAT, IRDM, SCNG, INTEQ)

The Global Satellite Data Services Market size is expected to reach $16.2 billion by 2026, rising at 25% CAGR during the next six years. With increasing coordination of global information and data, and near monopolies by the big IT companies, this market could become increasingly important. With momentum investors searching for new covid-resistant investment ideas […]

Stock Market Digest: Generics drug major Actavis plc (NYSE:ACT), Iridium Communications Inc. (NASDAQ:IRDM), Ruckus Wireless Inc (NYSE:RKUS)

Boston, MA 06/02/2014 (wallstreetpr) – Generics drug major Actavis plc (NYSE:ACT) is out to spoil the party for the Swiss-based AstraZeneca plc (ADR) (NYSE:AZN). ACT filed an Abbreviated New Drug Application with the U.S Food and Drug Administration (FDA) in attempts to seek market approval for a generic version of AstraZeneca’s type 2 diabetes drug known […]

Iridium Communications Inc. (NASDAQ:IRDM) Announces Common Stock And Preferred Stock Sale; Enters Stock Purchase Agreement With Barrons Fund

Boston, MA 05/05/2014 (wallstreetpr) – Today, Iridium Communications Inc. (Nasdaq:IRDM) announced two different sets of press releases, where one pertains to stock purchase agreement with Barrons Fund, and the other relates to the sale of its common shares. Stock Purchase Agreement And Sale Of Shares Iridium Communications Inc. (NASDAQ:IRDM) said that it has reached a […]

Iridium Communications Inc. (NASDAQ:IRDM) Partnership, Malaysia Airline Disappearance Chatters

Boston, MA 03/14/2014 (wallstreetpr) – Iridium Communications Inc. (NASDAQ:IRDM) provides mobile voice and data communications via satellite. These services are offered to governments (including the U.S.), businesses and consumers across the world. The company has about 66 satellites constellation in-orbit. These are the kind of services that have increasingly become vital for airlines to ensure more […]

Iridium Communications Inc. (NASDAQ:IRDM) negotiating a extension to its annual contract with DOD

Boston, MA 10/03/2013 (wallstreetpr) – Iridium Communications Inc. (NASDAQ:IRDM) is pulling out all stops to pull itself out of the rut since its disastrous 2Q results announced on August 1. On the announcement of recording revenue of $94.7M which was lower than the analyst estimates, the share price of the stock tanked close to 20% […]