Inmarsat forms maritime partnership with SpeedCast to resell Xpress services
13th Jun 2016 07:04
(ShareCast News) - Inmarsat has formed a partnership with maritime broadband specialist SpeedCast International to roll out the satellite company's new Global Xpress (GX) service to around 2,000 vessels in five years. Under the new strategic alliance, the pair will work together in key maritime mar
Read moreInmarsat signs 5 year deal with Marlink on Fleet Xpress
10th Jun 2016 14:23
(ShareCast News) - Maritime communication company Marlink has signed a deal with communications specialist Inmarsat which will see the latter's Fleet Xpress broadband service made available on more than 2,000 ships over five years. "Today's agreement with Marlink is a significant endorsement of our
Read moreFTSE quarterly review confirms raft of changes to 100 and 250 indices
2nd Jun 2016 08:00
(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others
Read moreInmarsat set for FTSE demotion in quarterly review
31st May 2016 10:19
(ShareCast News) - Satellite communications company Inmarsat could be pushed out of the FTSE 100 by Hikma Pharmaceuticals in June, according to the FTSE Russell. Changes from the latest quarterly review of the FTSE 100, to be announced on Wednesday, will take place on Friday 17 June. Earlier this m
Read moreTuesday newspaper share tips: Inmarsat, Mitie
24th May 2016 13:29
(ShareCast News) - Markets appear to have punished Inmarsat´s management for providing excessively ambitious financial guidance; however, the share price drop also seems overdone, The Times´s Tempus said. The shares have come down precipitously from the approximately 1,150p at which they were changi
Read moreBroker tips: Sports Direct, Royal Mail, Inmarsat
23rd May 2016 12:24
(ShareCast News) - Goldman Sachs has downgraded Sports Direct International to a 'neutral' rating and taken the retailer off its Pan-Europe Buy List after cutting its earnings per share (EPS) forecasts for this and next year. "We expect the combination of a demanding European apparel demand environm
Read moreMorgan Stanley cuts Inmarsat to 'equalweight'
23rd May 2016 09:44
(ShareCast News) - Morgan Stanley downgraded Inmarsat to 'equalweight' from 'overweight' and slashed the price target to 800p from 1,350p as it cut its earnings forecasts for the stock. The bank said that despite a 33% drop year-to-date, offsetting a 42% jump in 2015, revenue guidance is too ambitio
Read moreBroker tips: Inmarsat, Halma, Taylor Wimpey
17th May 2016 15:07
(ShareCast News) - Credit Suisse reiterated its 'outperform' rating on Inmarsat while downgrading rival Eutelsat to 'neutral' after its substantial profit warning. The Swiss bank admitted its positive view over the past 18 months on the outlook for global satellite revenue growth has proved overly o
Read moreCredit Suisse downgrades Eutelsat but keeps Inmarsat at 'overweight'
17th May 2016 14:12
(ShareCast News) - Credit Suisse reiterated its 'outperform' rating on Inmarsat while downgrading rival Eutelsat to 'neutral' after its substantial profit warning. The Swiss bank admitted its positive view over the past 18 months on the outlook for global satellite revenue growth has proved overly o
Read moreFTSE 100 movers: Taylor Wimpey and Ashtead lead gains
17th May 2016 13:57
(ShareCast News) - The FTSE 100 was in positive territory on Tuesday afternoon, as a mixture of encouraging results and analyst optimism looked like extending the index's winning streak to a third day. Housebuilder Taylor Wimpey topped the leaderboard after it unveiled a significant upgrade to its m
Read moreGrocers and miners lead gains
13th May 2016 20:22
(ShareCast News) - Miners and grocers led gains on the market as the selling pressure on two of the past week's worst performers eased a bit. Gains in the former were particularly noteworthy, coming as they did in the face of an across-the-board retreat in commodity prices, in part as the US dollar
Read moreBroker tips: ITV, Acacia Mining, Inmarsat
13th May 2016 12:51
(ShareCast News) - Deutsche Bank (DB) cut its target price to 185p from 200p and reiterated a 'sell' rating for ITV after the broadcaster reported its first quarter results. The bank said ITV's first quarter results were even worse than lowered expectations. ITV reported flat advertising revenue in
Read moreEutelsat warning raises questions about Inmarsat's guidance, Berenberg says
13th May 2016 11:03
(ShareCast News) - A profit-warning from satellite-operator Eutelsat led analysts at Berenberg to question the explanations given by London-based Inmarsat to explain its own recently lowered near-term guidance. Critically, Eutelsat cited pricing pressure and lack of growth in data and a much weaker-
Read morePrecious metals miners jump as Fed rate hike calls pushed back
6th May 2016 19:01
(ShareCast News) - Precious metals miners and engineers gained the most in the wake of a US jobs report for April that saw several of the world's largest brokers push back their forecasts for the timing of the US Federal Reserve's next interest rate hike in 2016 to September and the greenback weaken
Read moreFriday newspaper share tips: Inmarsat, Centrica
6th May 2016 13:54
(ShareCast News) - Inmarsat's trading will get a boost in coming years following large investments in getting new kit into space but the challenges facing the industry mean that a correction in the shares was overdue, the Financial Times's Lex column said. The company's shares were trading at 27 tim
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