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Stock Market & Financial Investment News

News Breaks
March 24, 2014
12:46 EDTIRDMIridium's Aireon opportunity underappreciated, says Raymond James
Aireon is Iridium's global air traffic control system that will begin launching in 2015 through a series of low Earth orbit satellites. Raymond James said the Malaysian Airlines tragedy highlights the shortcomings of the current global air traffic control system and Airon is not fairly reflected in Iridium's stock price. The analyst expects shares to react favorably in the coming weeks and months as investors appreciates the opportunity and the FAA joins other Air Navigation Service Providers that have already signed contracts with the company. Shares are Outperform rated.
News For IRDM From The Last 14 Days
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October 30, 2014
07:16 EDTIRDMIridium backs long-range compound annual service revenue view of up 8%-12%
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07:14 EDTIRDMIridium raises FY14 service revenue growth guidance to 5%-6% from 2%-4%
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07:12 EDTIRDMIridium reports Q3 EPS 17c, consensus 14c
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