Inmarsat Share News (ISAT)

Thursday broker round-up

(ShareCast News) - Ted Baker: Goldman Sachs keeps at buy with a target price of 3140p. Brown N: HSBC reiterates hold, 205p target. MITIE: Citigroup keeps at neutral with a 280p target. Prudential: Societe Generale reiterates outperform with a 1250p target. Astrazeneca: Jefferies keeps at buy with

Inmarsat Unveils Pricing For USD400 Million Worth Of Senior Notes (ALLISS)

Inmarsat prices $400 debt issue

(ShareCast News) - Inmarsat announced it would tap debt markets to repay an existing loan from the European Investment Bank and for general corporate purposes. The satellite operator priced its $400m issue of senior unsecured debt offering a 6.5% annual coupon and maturing in 2024 at par value. Fri

UK Dividends Calendar - Next 7 Days

SpaceX rocket explodes at test firing in Florida

(ShareCast News) - An explosion at a test-firing of a SpaceX Falcon 9 rocket has destroyed the craft and a communications satellite it had been due to take into space. The private aerospace company, owned by Tesla chief Elon Musk said that no one was injured during the incident, which was the result

LONDON MARKET OPEN: Miners Lift FTSE 100 Ahead Of Manufacturing PMIs

Inmarsat Places USD650 Million Convertible Bonds Due 2023 (ALLISS)

Inmarsat launches $550m convertible bond

(ShareCast News) - Satellite services group Inmarsat said on Wednesday that it has launched a bond offering of up to $600m. The company announced the launch of an offering of around $550m convertible bonds due 2023, with an increase option of up to $50m. Inmarsat said the net proceeds from the issu

WINNERS & LOSERS SUMMARY: Gulf Keystone Drops 25% On Discounted Offer

BROKER RATINGS SUMMARY: Barclays Cuts Travis Perkins To Underweight

BROKER RATINGS SUMMARY: Panmure Raises RSA Insurance To Buy From Hold

Friday broker round-up

(ShareCast News) - Pets at Home: HSBC reiterates buy with a target price of 295p. BT: UBS maintains neutral with a 425p target. Aviva: Exane BNP Paribas reiterates underperform with a 400p target. Inmarsat: HSBC stays at hold with a 940p target. Cairn Energy: UBS upgrades to buy with a target pri

Inmarsat returns to growth in second quarter but interim profits fall 7pc

(ShareCast News) - Although its maritime market remains in the doldrums, Inmarsat posted a respectable set of interim results on Thursday as the satellite services group surprisingly returned to growth in the second quarter thanks to growth from the aviation sector, government contracts and its deal

Inmarsat shuns bid for debt-laden Avanti

(ShareCast News) - Inmarsat has passed up the opportunity to make a bid for cash strapped smaller rival Avanti Communications, which put itself up for sale last month. Inmarsat responded to Avanti's advisers when they made contact as part of the AIM company's strategic review and formal sale proc

BROKER RATINGS SUMMARY: JPMorgan Cuts easyJet And IAG To Neutral