NASDAQ:SATS - Nasdaq - US2787681061 - Common Stock - Currency: USD
Wall Street ends mixed as investors await US-China trade news and digest moves from Apple, Qualcomm, and Warner Bros. Discovery.
The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of EchoStar Corporation ("EchoStar" or the "Company") (NASDAQ: SATS). Such...
Bondholders to EchoStar Corp. are working with law firm Akin Gump Strauss Hauer & Feld as the telecommunications company mulls a potential bankruptcy filing amid a Federal Communications Commission probe, according to people familiar with the matter.
EchoStar Corp. Chairman Charlie Ergen repeatedly sought to meet with Federal Communications Commission Chairman Brendan Carr but was never able to secure a sit-down in the months leading up to the agency’s probe into the company’s wireless spectrum holdings.
Warner Bros Discovery is splitting in two just three years after it was formed in a $43bn (£32bn) mega-merger, as viewers switch off from traditional TV.
EchoStar has been under regulatory pressure over its use of the spectrum earmarked for a new nationwide cellular carrier. The company reportedly could consider a bankruptcy filing to help shield its spectrum licenses from the threat of revocation. Telecom and satellite company EchoStar (NASDAQ: SATS) is reportedly considering a bankruptcy filing to protect its spectrum licenses.
Shares of EchoStar Corporation sank on Monday morning, the first day of trading since the Wall Street Journal reported Friday evening that the company is considering a bankruptcy filing.
Mentions: DISH
/PRNewswire/ -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving EchoStar Corporation (NASDAQ:...
Last month, the Federal Communications Commission (FCC) notified EchoStar it was investigating the company's compliance with certain federal obligations to provide 5G service in the U.S., questioning EchoStar's buildout extension and mobile-satellite service. FCC's actions have severely limited the company's ability to make strategic decisions regarding the growth and investment of its Boost Mobile business, according to a regulatory filing by the company last month.
The company published its second earnings release of the current fiscal year. This pleased investors largely because of a sizable earnings beat. Veteran industrial company Greif (NYSE: GEF) was a standout on the stock exchange Thursday.
Truist has raised its price target on Genesco Inc. (NYSE:GCO) from $23 to $25, while maintaining a Hold rating on the stock. This comes after Genesco Inc. (NYSE:GCO) reported strong first-quarter results and maintained its full-year profits per share target, despite the company’s current tariff implications. Investors can take confidence from its Journeys brand’s excellent […]
/PRNewswire/ -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving EchoStar Corporation (NASDAQ:...
/PRNewswire/ -- Building on the momentum of its ultra-affordable premium Celero smartphone lineup, Boost Mobile launched its first-ever exclusive tablet – the...
Bill Ackman has a message for the US taxpayer: don’t be so greedy. The hedge fund mogul is an investor in Fannie Mae, the government-sponsored...
EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, has decided to skip interest payments on three bonds after a similar act late last week.
Mentions: DISH
The inflation protection on I bonds has caused quite a stir among savers.
EchoStar's problem isn't in orbiting satellites; it's in paying down debt.
EchoStar missed an interest payment on a loan tied to some wireless spectrum it owns. EchoStar's Charlie Ergen is battling Elon Musk's SpaceX over the use of this spectrum, which can be used for satellite communications. Shares of EchoStar (NASDAQ: SATS) plunged 12.1% on Friday, after the company failed to make an interest payment on one of its senior notes secured by its wireless spectrum.
EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, skipped an interest payment due Friday because of uncertainty about a regulatory probe.