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Stock Market & Financial Investment News

News Breaks
March 3, 2014
05:47 EDTIIntelsat downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Intelsat citing risks around government budget cuts and pricing pressures in Africa. The firm keeps a $25 price target for shares.
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December 11, 2014
09:16 EDTIIntelsat appoints president and CCO Stephen Spengler as Deputy CEO
Intelsat S.A announced that current Intelsat President and Chief Commercial Officer Stephen Spengler has been promoted to Deputy CEO, effective immediately. Under the company’s succession plan, Intelsat Chairman and CEO David McGlade will transition to the position of Executive Chairman, effective April 1, 2015, at which time Spengler will become CEO. McGlade will have served as the company’s CEO for 10 years.

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