New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 20, 2014
07:36 EDTIIntelsat reports Q4 adjusted EPS 84c, may not compare to consensus 38c
Reports Q4 revenue $642.8M, consensus $642.09M.
News For I From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 27, 2015
09:58 EDTIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 500.com (WBAI) downgraded to Hold from Buy at Deutsche Bank... Akorn (AKRX) downgraded to Hold after share rally at Needham... Allscripts (MDRX) downgraded to Market Perform from Outperform at Leerink... Bank of America (BAC) downgraded to Neutral from Buy at UBS... Bill Barrett (BBG) downgraded to Hold from Buy at KLR Group... CA Technologies (CA) downgraded to Underperform from Neutral at Credit Suisse... CBOE Holdings (CBOE) downgraded at BofA/Merrill... CONE Midstream (CNNX) downgraded to Sector Perform from Outperform at RBC Capital... Calamos (CLMS) downgraded to Underperform from Neutral at Credit Suisse... Crane (CR) downgraded to Market Perform from Outperform at FBR Capital... Dick's Sporting (DKS) downgraded to Equal Weight from Overweight at Barclays... EnerNOC (ENOC) downgraded to Buy from Strong Buy at Needham... Hercules Offshore (HERO) downgraded to Sell from Buy at Deutsche Bank... Insulet (PODD) downgraded at Oppenheimer... Intelsat (I) downgraded to Underperform from Neutral at Credit Suisse... Laredo Petroleum (LPI) downgraded to Market Perform from Outperform at Northland... Mavenir Systems (MVNR) downgraded to Equal Weight from Overweight at Morgan Stanley... Memorial Production (MEMP) downgraded to Underperform from Perform at Oppenheimer... Mobileye (MBLY) downgraded to Neutral from Buy at Dougherty... NTELOS (NTLS) downgraded to Market Perform from Outperform at Wells Fargo... Ocwen (OCN) downgraded to Sell from Neutral at Compass Point... Pegasystems (PEGA) downgraded to Neutral from Buy at Merriman... Performant Financial (PFMT) downgraded to Neutral from Buy at Compass Point... Pharmacyclics (PCYC) downgraded to Neutral from Buy at Goldman... Potbelly (PBPB) downgraded to Underweight from Overweight at Piper Jaffray... SYNNEX (SNX) downgraded to Hold from Buy at Stifel... Safe Bulkers (SB) downgraded at Credit Suisse... Sarepta (SRPT) downgraded to Market Perform from Outperform at Cowen... Seadrill Partners (SDLP) downgraded to Sector Perform from Outperform at RBC Capital... Spirit Realty (SRC) downgraded at RBC Capital... Transocean (RIG) downgraded to Sector Perform from Outperform at Iberia... UIL Holdings (UIL) downgraded to Neutral from Outperform at RW Baird... WCI Communities (WCIC) downgraded to Neutral from Buy at Citigroup... Walter Investment (WAC) downgraded to Neutral from Outperform at Credit Suisse.
07:28 EDTIIntelsat downgraded at Credit Suisse
Subscribe for More Information
06:42 EDTIIntelsat downgraded to Underperform from Neutral at Credit Suisse
February 26, 2015
06:07 EDTIIntelsat selected by Solar Impulse for first round-the-wold solar flight
Intelsat and ITC Global, provider of satellite communications to remote and harsh environments, will provide ground-to-ground satellite communication services to Solar Impulse during its first round-the-world solar flight. The Round-the-World Mission Flights will take place over five months from the beginning of March to the end of July 2015. Abu Dhabi will be the departing and landing destination.
February 23, 2015
15:08 EDTIIntelsat downgraded to Neutral from Buy at Nomura (pre-open)
Subscribe for More Information
February 19, 2015
16:28 EDTIOn The Fly: Closing Wrap
Subscribe for More Information
05:58 EDTIIntelsat downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded Intelsat to Underweight with a $12 price target citing the company's weaker than expected 2015 guidance and its belief 2016 revenue is likely to decline. Shares were also downgraded this morning at UBS.
05:52 EDTIIntelsat downgraded to Neutral from Buy at UBS
UBS downgraded Intelsat citing a lack of catalysts over the next 12 months and the company's high leverage following its Q4 results. UBS believes trends need to improve before shares outperform and cut its price target for the stock to $17 from $23.
February 18, 2015
07:36 EDTIIntelsat sees FY15 revenue $2.33B-$2.38B, consensus $2.45B
Revenue performance reflects: "Growth of 2-3% in our media business, which will benefit from new capacity that entered service in late 2014; a decline in our network services business of 7-10%, which faces competitive pressures in Africa and on-going declines in the legacy channel and international trunking business; and a decline in our government business of 8-12% as compared to full year 2014, as a result of challenges due to reduced spending by the U.S. government and troop withdrawals." Intelsatís 2015 revenue guidance reflects the impacts noted above as well as the impact from no new capacity expected to be placed into service in 2015. Sees FY15 adjusted EBITDA $1.81B-$1.86B, CapEx $775M-$850M. Sees FY16 CapEx $625M-$700M, FY17 CapEx $725M-$825M. Capital expenditure guidance for 2015 through 2017 assumes investment in twelve satellites in the manufacturing or design phase during the Guidance Period. In addition, a custom payload is being built for the company on a third-party satellite which will not require capital expenditure.
07:34 EDTIIntelsat reports contracted backlog of $10B at December 31, 2014
Subscribe for More Information
07:34 EDTIIntelsat reports Q4 adjusted EPS 79c, consensus 50c
Reports Q4 revenue $619.1M, consensus $607.8M.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use