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Stock Market & Financial Investment News

News Breaks
February 3, 2014
11:38 EDTENT, GOGOJudge allows suit over Gogo 'monopoly' to proceed, GigaOM reports
A federal judge in San Francisco refused to throw out a class action suit brought by travelers who claim that WiFi provider Gogo's (GOGO) long-term contracts with major airlines violate anti-trust laws, according to GigaOM. Complainants in the suit say Gogo competitor Row44, a subsidiary of Global Eagle Entertainment (ENT), charges only $5 per flight, the report noted. Reference Link
News For GOGO;ENT From The Last 14 Days
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February 9, 2016
12:14 EDTGOGOGogo call activity attributed to takeover speculation
Gogo February weekly 13 and 13.5 calls are active on total call volume of 1,200 contracts (100 puts) on takeover speculation. February weekly call option implied volatility is at 126, February is at 91, March is at 86; compared to its 52-week range of 42 to 86. Active call volume suggests traders taking positions for upside price movement.
12:04 EDTGOGORumor: Gogo strength attributed to takeover speculation
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07:08 EDTENTStar Alliance partners Lufthansa, Swiss sign EFB deals with Global Eagle
Global Eagle Entertainment (ENT) announced that Star Alliance partners Lufthansa Airlines (DLAKY) and Swiss International Air Lines selected GEE Navaero electronic flight bag solutions, affirming GEE's leading position in cockpit data integration and EFB mounting systems for Apple (AAPL) iPad and Microsoft (MSFT) Surface devices. Lufthansa, Europe's largest airline and a new GEE Navaero customer, will equip at least 31 new Airbus A320 aircraft with GEE's new power data interface, smart docking stations, and other interfaces for Microsoft Surface tablets that put mission-critical flight data at the fingertips of pilots and ground crews. The GEE Navaero solution meets Lufthansa's requirement for a full gigabit Ethernet data connection aboard its new aircraft. Swiss will utilize GEE Navaero EFB mounts and data integration solutions across more than 70 Airbus (EADSY) short- and long-haul aircraft as it deploys Apple iPads for mission-critical applications and transitions to a fully paperless cockpit. GEE will also provide certification, deployment and support services.
February 8, 2016
10:34 EDTGOGOGogo adds close to 1,100 aircraft in 2015
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