Inmarsat profits drop as costs outweigh revenue gains
7th Mar 2019 08:50
(Sharecast News) - Inmarsat's annual profits faltered in 2018 as mounting costs offset revenue growth, which was driven by its global GX broadband offering.
Read moreInmarsat surges on report of renewed EchoStar interest
28th Feb 2019 15:43
(Sharecast News) - Shares in Inmarsat rallied on Thursday after CTFN cited a senior executive in the sector as saying that US rival EchoStar may renew its interest in the satellite communications company soon and no later than the next six months.
Read moreFTSE 250 movers: Aston Martin skids lower, Merlin works its magic
28th Feb 2019 15:14
(Sharecast News) - London's FTSE 250 was down 0.19% in afternoon trading on Thursday, after Aston Martin Lagonda drove the index lower.
Read moreJefferies lifts Inmarsat target to 1,000p
18th Feb 2019 09:48
(Sharecast News) - Inmarsat's shares are being valued all wrong, Jefferies argued on Monday, setting a price target almost three times higher.
Read moreInmarsat signs GX Aviation contract with Indonesia's Garuda
30th Jan 2019 07:40
(Sharecast News) - Inmarsat has signed a contract to provide Indonesian national carrier Garuda with its GX Aviation inflight broadband, in partnership with wireless technology provider Mahata Aero Teknologi, Lufthansa Technik and Lufthansa Systems.
Read moreThursday broker round-up
17th Jan 2019 13:13
(Sharecast News) - Intercontinental Hotels Group: Berenberg upgrades to buy with a target price of 4,850p.
Read moreTuesday broker round-up
30th Oct 2018 13:15
(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.
Read moreJPMorgan cuts target price on Inmarsat on maritime woes
19th Oct 2018 10:25
(Sharecast News) - JPMorgan Cazenove took a fresh look at Inmarsat ahead of the satellite operator's third-quarter results on 8 November, where it expected "robust" financials but is beginning to get worried about stiffer maritime competition.
Read moreThursday broker round-up
20th Sep 2018 13:16
(Sharecast News) - AVEVA Group: Barclays upgrades to overweight with a target price of 3,150p.
Read moreInmarsat enters in-flight broadband collaboration with Panasonic Avionics
20th Sep 2018 07:21
(Sharecast News) - Inmarsat announced on Thursday that itself and Panasonic Avionics Corporation have agreed a strategic collaboration, for an initial 10-year period, that would enable them to combine their "highly complementary" services to offer broadband in-flight connectivity (IFC),paired with high-value solutions and services to customers in the commercial aviation industry worldwide.
Read moreRBC Capital downgrades Inmarsat to 'sector perform'
4th Sep 2018 09:11
(Sharecast News) - With the stock underpinned by Echostar and given current headwinds, RBC Capital Markets downgraded Inmarsat to 'sector perform' from 'outperform' on Tuesday, slashing the price target to 650p from 725p.
Read moreUK launches £92m navigation satellite to rival EU's Galileo
29th Aug 2018 12:10
(Sharecast News) - The UK government said on Wednesday it is launching a study to design the new navigation satellite programme that will rival the EU's Galileo post-Brexit at a cost of around £92m.
Read moreMorgan Stanley hikes Inmarsat price target, highlights potential upside
8th Aug 2018 12:27
(Sharecast News) - Morgan Stanley has upped its target price for Inmarsat and, while the recent rally in the shares makes the valuation "not particularly appealing", there are variables in the pipeline that could make the shares look cheap.
Read moreInmarsat in H1 pre-tax loss, reiterates guidance
2nd Aug 2018 08:05
(Sharecast News) - Satellite operator Inmarsat on Thursday reported an interim pre-tax loss of $119m compared with a profit of $63.4m a year earlier due to higher costs and currency movements.
Read moreInmarsat to stop growing divi, UBS says
17th Feb 2017 10:33
(ShareCast News) - Analysts at UBS slashed their target price on stock of Inmarsat on expectations the company would stop increasing its dividend payout. Inmarsat would do so - possibly beginning with its fiscal year 2016 numbers - until the divi was covered by its equity free cah flow, the Swiss
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