Tuesday newspaper share tips: Mixed bag for Inmarsat
22nd Sep 2015 10:31
(ShareCast News) - Inmarsat was the big focus for the newspaper tippers Tuesday, on the back of two pieces of positive news for the satellite communications firm. Firstly, it announced Lufthansa passengers will be able to use the internet inflight next summer thanks to the Global Xpress satellite-ba
Read moreLondon midday: Investors shake off Wall Street losses, Fed remarks
21st Sep 2015 11:33
(ShareCast News) - UK stocks edged higher as investors digested a raft of remarks over the weekend from various members of the Federal Reserve and ahead of a speech from another top US central bank official scheduled for later on Monday. As of 1147 BST the Footsie was 33.45 points higher to reach 6,
Read moreLondon open: Stocks gain despite hawkish Fed remarks
21st Sep 2015 09:22
(ShareCast News) - Stocks recovered after opening in the red, despite rather hawkish comments over the weekend from at least two top-ranking officials at the US Federal Reserve. Speaking on Saturday, the president of the San Francisco Fed, John Williams, said he believes it remains appropriate to ra
Read moreLufthansa, Inmarsat join forces to provide in-flight internet in 2016
21st Sep 2015 07:33
(ShareCast News) - Lufthansa passengers will be able to use the internet on European flights next summer as part of a collaboration with satellite communications firm Inmarsat. The airline will use Inmarsat's Global Xpress satellite-based broadband service on board its European flights. No financial
Read moreFTSE 100 movers: Ashtead jumps on strong interims; Glencore, BP in the red
2nd Sep 2015 13:16
(ShareCast News) - London's FTSE 100 was up 1% to 6,116 at 1423 BST in a choppy session as stocks rebounded from weakness on Tuesday. Industrial equipment rental firm Ashtead was the standout gainer after it posted better-than-expected first quarter pre-tax profits of £155m, up 23%, driven by solid
Read moreInmarsat rockets on successful launch of Global Xpress satellite
28th Aug 2015 14:05
(ShareCast News) - Shares in Inmarsat took off on Friday afternoon after the successful launch of a rocket carrying the third and final satellite of its $1.6bn Global Xpress superfast broadband programme. The Russian Proton rocket was launched at 1244 BST on Friday 28 August from the Baikonur Cosmod
Read moreInmarsat confirms launch of third Global Xpress satellite
17th Aug 2015 08:04
(ShareCast News) - Inmarsat confirmed that the launch of its third satellite in the Global Express programme, I-5 F3, has been scheduled at the Baikonur Cosmodrome in Kazakhstan on Friday 28 August. The satellite will cover the Pacific Ocean region and will, together with I-5 F1 and I-5 F2, create t
Read moreFTSE 100 movers: Old Mutual, housebuilders rally, but miners under the cosh
6th Aug 2015 14:47
(ShareCast News) - London's FTSE 100 index was down 0.2% at 6,740 at 15:00 BST as investors took in 'Super Thursday', which saw the Bank of England deliver its interest-rate decision, minutes and Inflation Report all on the same day. Diversified South African financial group Old Mutual was the stand
Read moreInmarsat profit drops but investors welcome satellite launch, revenue guidance
6th Aug 2015 07:06
(ShareCast News) - Shares in Inmarsat rose as investors welcomed the company's new full-year revenue guidance and news that the launch of its third Global Xpress satellite has been rescheduled for this month, as it posted a fall in first-half pre-tax profit amid declining revenues. For the six month
Read moreAggreko demoted as Inmarsat joins FTSE 100
4th Jun 2015 15:10
Temporary power provider Aggreko was a casualty of the latest quarterly FTSE 100 review, demoted to the 250 index as satellite company Inmarsat enjoyed a promotion. Aggreko has a market capitalisation of around £3.95bn, whereas Inmarsat has a market value of around £4.53bn. Banknote printer De La R
Read moreFTSE 250 movers: Aveva surges on acquisition rumours, Inmarsat hit by delays
18th May 2015 12:35
UK stocks erased early gains as Greek concerns and a lack of economic data stoked investor uncertainty. Sector-wise, retailers and insurers delivered the biggest drag, while energy, mining and tech stocks provided a welcome boost. As of 2:00, the FTSE 250 was trading flat, just 9 points lower at 18,
Read moreInmarsat delays Global Xpress Launch
18th May 2015 07:40
Inmarsat said on Monday that it has delayed the launch of its Global Xpress satellite following the launch failure of another rocket at the weekend. The company expects this to have a small negative impact on 2015 revenue and earnings. Inmarsat, which is the leading provider of global mobile satelli
Read moreInmarsat signals rising momentum after slow start, supplies satellites for Nepal emergency relief
6th May 2015 09:21
In spite of a slow start to the year, Inmarsat said momentum was improving and it expected to launch the third and final of its super-high-speed GlobalXpress (GX) satellites as the first was being used by rescuers in Nepal after the recent earthquake. After unveiling revenues falling 12% to $304.8m
Read moreInmarsat takes small step in revenue after making giant leaps for satellite future
5th Mar 2015 08:15
Final results from Inmarsat showed solid growth after a momentous 18 months for the company as it delivered two thirds of its huge GlobalXpress ultra-fast broadband service. Total revenues climbed 2% to $1.29bn as underlying growth in maritime, enterprise and aviation during the year was offset by c
Read moreInmarsat announces successful launch of second GX satellite
2nd Feb 2015 07:42
On Sunday Inmarsat successfully launched its second Global Xpress mobile broadband satellite, as expected, from the Baikonur Cosmodrome in Kazhakstan, Russia. The new satellite, the Inmarsat 5 F2, will reach its final position above the earth by the end of March, when it will begin testing its paylo
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