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Stock Market & Financial Investment News

News Breaks
May 27, 2014
05:58 EDTDTV, GOGOStocks with implied volatility below IV index mean; GOGO DTV
Stocks with implied volatility below IV index mean; Gogo (GOGO) 60, DirecTV (DTV) 11.
News For GOGO;DTV From The Last 14 Days
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January 26, 2015
09:32 EDTGOGOGogo reports backlog of greater than 1K commercial aircraft
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January 22, 2015
13:15 EDTDTVAT&T to review name of DirecTV unit, WSJ reports
AT&T (T) CEO Randall Stephenson said in an interview at the World Economic Forum in Davos that the company will review the name of its DirecTV (DTV) unit, The Wall Street Journal reports. Stephenson also noted that the $48.5B acquisition, which must be approved by regulators, will give AT&T a "differentiated offering" in trying to win customers. Reference Link
January 21, 2015
08:31 EDTDTVAT&T CEO says net neutrality may end up in Supreme Court, CNBC says
AT&T (T) Chairman and CEO Randall Stephenson believes the net neutrality debate may have to be settled by the Supreme Court, reports CNBC, citing a CNBC interview on Wednesday from the World Economic Forum in Davos. Stephenson stated, "We need a neutral Internet... I think everyone agrees with that. Where everyone is getting stuck now is going beyond that." Stephenson also stated the neutrality debate will not affect his company's decision to bid $49B for DirecTV (DTV), though he believes a quick decision from the FCC could quicken Comcast's (CMCSA, CMCSK) $45B negotiations for Time Warner Cable (TWC). Reference Link
January 15, 2015
12:06 EDTGOGOGogo receives FCC regulatory approval for 2Ku In-flight connectivity technology
Gogo announced that it has received regulatory approval from the FCC to operate its next generation in-flight connectivity technology 2Ku. The FCC approval clears a major hurdle in the path to launching the new service. The approval is a blanket approval from the FCC for Gogo to operate its 2Ku system on 1,000 aircraft. Gogo expects the new 2Ku technology will outperform other global connectivity solutions currently available in the market. The new antenna technology is expected to deliver peak speeds to the aircraft of more than 70 Mbps. Gogo expects the new service to be available for the commercial aviation market in the second half of 2015.

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