ViaSat Announces Third Quarter Fiscal Year 2016 Results
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RBC Capital Cuts Price Target on Boeing (BA) as Possible Fundamental Issues Weigh on Investors
February 10, 2016 6:48 AM ESTRBC Capital maintained a Sector Perform rating on Boeing (NYSE: BA), and cut the price target to $135.00 (from $143.00). RBC thinks that there are fundamental issues weighing on investor sentiment, and could ultimately have negative implications for profits and cashflow. Boeing has finally conceded to... More
Viasat (VSAT) Reports In-Line Q3 EPS; Enters JV with Eutelsat Communications
February 9, 2016 4:09 PM ESTViasat (NASDAQ: VSAT) reported Q3 EPS of $0.40, in-line with the analyst estimate of $0.40. Revenue for the quarter came in at $347.8 million versus the consensus estimate of $365.11 million.
Eutelsat Communications and ViaSat Inc. announced an agreement to create a joint venture combining Eutelsats current European broadband business with ViaSats industry-leading broadband technologies and consumer Internet Service Provider (ISP) business expertise.
Building on a decade-long relationship, Eutelsat and ViaSat are joining forces to create a partnership that will expand Eutelsats current wholesale broadband business and launch a new consumer retail service in... More
