| Displaying 1 - 20 of 58 matching stories. |
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| 06.18.2007 |
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Orbiting Wall Street 
MDA Denies Reports Of Divesting Space Assets MacDonald, Dettwiler and Associates Ltd., has denied press reports that the company is looking to sell its surveillance and space assets. "In response to [June 14] articles in the Wall Street Journal and the...
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| 06.11.2007 |
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Orbiting Wall Street 
Morgan Stanley Commits $250 Million Term Loan to Sirius Sirius Satellite Radio has obtained a $250 million senior secured term loan commitment from Morgan Stanley Senior Funding Inc., Sirius announced June 5. The facility will mature in five and one-half...
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| 06.04.2007 |
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Orbiting Wall Street 
Norsat Norsat International Inc. made a final payment on its $1 million short-term debt, the company announced May 31, marking the first time since 1983 that the company had been debt free. "This is a significant milestone in the company's renewal...
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| 05.28.2007 |
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Orbiting Wall Street 
BSkyB BSkyB's acquisition of a 17.9 percent stake in ITV will be investigated by the U.K. Department of Trade and Industry. Alistair Darling, the secretary of state for Trade and Industry, referred the deal to the Competition Commission May 24. BSkyB acquired...
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| 05.21.2007 |
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Orbiting Wall Street 
Intelsat Intelsat Ltd. reported revenue growth of 85 percent in the first quarter of 2007 but posted a loss of $115.1 million due to the acquisition of PanAmSat, Intelsat announced May 14. Total revenue first three months of 2007 was $518.2 million, up from...
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| 05.14.2007 |
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Orbiting Wall Street 
Eutelsat Video applications drove a 10 percent increase in Eutelsat's 2007 third quarter revenues, the company announced May 10. Eutelsat posted revenues of 205.7 million euros ($278.6 million) in the quarter, which closed March 31. Video business accounting...
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| 05.07.2007 |
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Orbiting Wall Street 
Hispasat Hispasat recorded a profit of 24.5 million euros ($33.3 million) in 2006, more than double earnings of 9.8 million euros ($13.3 million) in 2005, the satellite operator announced May 3. Revenues improved from 99.7 million euros ($135.5 million) to...
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| 04.30.2007 |
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Orbiting Wall Street 
Globecomm Globecomm Systems Inc. has entered into a definitive agreement to acquire the GlobalSat division of Lyman Bros. Inc., Globecomm announced April 24. The purchase price is $18.4 million and anticipated to be partially funded through a $16 million...
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| 04.23.2007 |
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Orbiting Wall Street 
Orbital Sciences Orbital Sciences Corp. posted first quarter revenues of $228.2 million, up 19 percent from revenues of $192.2 million in the same period a year ago, the company announced April 19. Earnings improved from $8.8 million in the 2006 first quarter...
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| 04.16.2007 |
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Orbiting Wall Street 
Alcatel-Lucent, Thales Alcatel-Lucent completed the transfer of Alcatel's shares in Alcatel Alenia Space and Telespazio to Thales. Thales and Finmeccanica then combined their space operations under an entity dubbed the New Space Alliance, the companies...
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| 04.09.2007 |
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Orbiting Wall Street 
ATK Alliant Techsystems (ATK) will acquire Swales Aerospace, ATK announced April 3. Swales, based in Beltsville, Md., provides satellite components and subsystems, small spacecraft, and engineering services to NASA, the U.S. Department of Defense and...
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| 04.02.2007 |
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Orbiting Wall Street 
Intelsat Intelsat Ltd. reported revenues of $1.7 billion in 2006 but posted a loss of $368.7 million, the satellite operator announced March 30. In 2005, Intelsat lost $325.3 million on revenues of $1.2 billion. The increased loss in 2006 primarily was due to...
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| 03.26.2007 |
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Orbiting Wall Street 
MacDonald Dettwiler MacDonald Dettwiler and Associates Ltd. (MDA) has taken a controlling interest in Orbital Optics Ltd., MDA announced March 20. MDA will pay 900,000 British pounds ($1.7 million) to Rutherford Appleton Laboratory (RAL), which established...
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| 03.19.2007 |
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Orbiting Wall Street 
Consolidation A Key Driver In Investor Interest The planned merger of satellite radio operators Sirius and XM is the kind of consolidation that private investors want to see more of, according to a panel of investment bankers. "Whether it [a merger]...
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| 03.12.2007 |
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Orbiting Wall Street 
Tandberg, Ericsson Tandberg TV's board has extended a unanimous recommendation to shareholders that they accept Ericsson's buyout offer, Tandberg announced March 7. Ericsson made an unsolicited offer Feb. 26 to acquire Tandberg for 9.8 billion Norwegian...
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| 03.05.2007 |
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Orbiting Wall Street 
Sirius, XM XM Satellite Radio brought in revenues of $933 million in 2006, up 67 percent from 2005, XM Satellite Radio Holdings Inc. announced Feb. 26. XM also added 1.7 million net new subscribers in 2006 to bring its total subscribers to 7.6 million...
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| 02.19.2007 |
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Orbiting Wall Street 
XM Satellite Radio XM Satellite Radio agreed to sell its XM-4 satellite to a trust owned by Satellite Leasing LLC and will lease back capacity aboard the spacecraft, XM said in a Feb. 13 filing with the U.S. Securities and Exchange Commission. XM received net...
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| 02.12.2007 |
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Orbiting Wall Street 
DirecTV Group Inc. DirecTV Group Inc. posted a profit of $1.4 billion on revenues of $14.8 billion, the company announced Feb. 7. In 2005, DirecTV attributed the revenue gains to subscriber growth at DirecTV U.S. and DirecTV Latin America as well as continued...
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| 02.05.2007 |
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Orbiting Wall Street 
DirecTV DirecTV Group will acquire Darlene Investments LLC's share of DirecTV Latin America LLC, giving DirecTV Group full equity ownership of the Latin American satellite-TV provider, DirecTV announced Jan. 30. DirecTV Group will pay $325 million for Darlene...
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| 01.08.2007 |
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Orbiting Wall Street 
BCE, LORL The Fixed Satellite Services (FSS) businesses of Loral Space & Communications Inc. and Telesat Canada will be combined under a new Canadian company that will become the fourth largest operator in the world, the companies announced Dec. 18. Loral...
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