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ENT

Global Eagle

$2.66

(0.00%)

17:23
02/22/19
02/22
17:23
02/22/19
17:23

Global Eagle to cut workforce by roughly 15%

As previously disclosed, Global Eagle Entertainment Inc. has been implementing an operating expense savings initiative, which includes a global footprint consolidation, simplification of its management structure, IT programs that will increase efficiency and automation, and other operating expense reductions. In connection with this initiative, on February 5, 2019, the company committed to reduce its global workforce by approximately 15% and communicated this determination to its employees on February 20, 2019. The changes to the company's workforce will vary by country, based on legal requirements and required consultations with works councils and other employee representatives, as appropriate. The company estimates that it will incur total expenses relating to the workforce reduction of approximately $4.5M, all of which represents cash expenditures relating to severance and transition-related expenses. Of this total amount, the company expects to record substantially all of it in the first quarter of 2019, with the remainder to follow in the second quarter of 2019 and the balance in the third quarter of 2019.

ENT Global Eagle
$2.66

(0.00%)

04/11/18
WBLR
04/11/18
NO CHANGE
WBLR
Google interest ups chances of in-flight Wi-Fi acquisition, says William Blair
"We have seen this movie before" is what William Blair analyst Louie DiPalma says after Bloomberg reported yesterday that Google (GOOG, GOOGL) is in advanced talks to acquire Nokia's in-flight connectivity hardware business. Google joins a long list of technology, telecom, and media providers that have exhibited a strategic interest in in-flight Wi-Fi, "although all have thus far stayed on the perimeter," DiPalma tells investors in a research note. The analyst notes that incumbents Gogo (GOGO), Panasonic (PCRFY), ViaSat (VSAT), Global Eagle Entertainment (ENT), and Inmarsat (IMASY) have invested billions toward satellite capacity and infrastructure. The industry is all about scale and potential new entrants would not have any, DiPalma contends. He believes it would take any new entrant many years to build a network from scratch, obtain regulatory approvals, and procure line-fit partnerships. The analyst thinks Google's interest in in-flight connectivity increases the probability that a tech or telecom company would buy an incumbent in the space. DiPalma has Outperform ratings on ViaSat and Gogo and a Market Perform rating on Global Eagle.

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GOOG

Alphabet

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Alphabet Class A

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Alphabet

$1,204.85

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Alphabet Class A

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NFLX

Netflix

$361.00

-17.09 (-4.52%)

AMZN

Amazon.com

$1,764.96

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AMD

AMD

$26.43

-1.47 (-5.27%)

SNE

Sony

$42.09

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GME

GameStop

$10.57

0.03 (0.28%)

MSFT

Microsoft

$117.05

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CMCSA

Comcast

$39.56

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CMCSK

Comcast

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SABR

Sabre

$21.02

-0.62 (-2.87%)

MAN

Manpower

$80.83

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WBS

Webster Financial

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-3.03 (-5.83%)

NATI

National Instruments

$44.16

-1.28 (-2.82%)

JCOM

j2 Global

$84.63

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IIPR

Innovative Industrial Properties

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CAT

Caterpillar

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-4.1 (-3.06%)

LYFT

Lyft

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GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

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Alphabet Class A

$1,206.00

-30.38 (-2.46%)

19:26
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YouTube cancels plans for high-end dramas, comedies, Bloomberg reports »

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GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

GOOGL

Alphabet Class A

$1,206.00

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NFLX

Netflix

$361.00

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AMZN

Amazon.com

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ENTG

Entegris

$34.64

-1.2 (-3.35%)

19:23
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MGTA

Magenta Therapeutics

$18.77

0.805 (4.48%)

19:21
03/24/19
03/24
19:21
03/24/19
19:21
Downgrade
Magenta Therapeutics rating change at Goldman Sachs »

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T

AT&T

$31.03

-0.05 (-0.16%)

, CMCSA

Comcast

$39.56

-0.49 (-1.22%)

16:20
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Comcast (CMCSA, CMCSK)…

T

AT&T

$31.03

-0.05 (-0.16%)

CMCSA

Comcast

$39.56

-0.49 (-1.22%)

CMCSK

Comcast

$0.00

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SNE

Sony

$42.09

-1.915 (-4.35%)

LGF.A

Lionsgate

$15.14

-0.7 (-4.42%)

DIS

Disney

$108.30

-0.36 (-0.33%)

VIAB

Viacom

$25.27

-0.7 (-2.70%)

VIA

Viacom

$30.64

-0.66 (-2.11%)

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

, SPX

S&P 500

$0.00

(0.00%)

16:07
03/24/19
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Periodicals
Not enough evidence Trump obstructed justice, conspired with Russia, CNBC says »

Attorney General William…

SPY

SPDR S&P 500 ETF Trust

$279.55

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SPX

S&P 500

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

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S&P 500

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15:58
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Periodicals
Mueller finds no Trump campaign-Russia conspiracy, Reuters reports »

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

SPX

S&P 500

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ASND

Ascendis Pharma

$119.21

-3.85 (-3.13%)

15:35
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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

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S&P 500

$0.00

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SPY

SPDR S&P 500 ETF Trust

$279.55

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SPX

S&P 500

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SPDR S&P 500 ETF Trust

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12:44
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China refusing to concede on U.S. demands to ease curb on tech companies,FT says »

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SPY

SPDR S&P 500 ETF Trust

$279.55

-5.08 (-1.78%)

SPX

S&P 500

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BABA

Alibaba

$175.60

-5.785 (-3.19%)

12:37
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Alibaba acquires Israeli AR startup, Bloomberg reports »

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BAYRY

Bayer

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12:34
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Bayer CEO says team retains backing if supervisory board, Reuters says »

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AAL

American Airlines

$30.60

-0.83 (-2.64%)

, BA

Boeing

$362.15

-10.54 (-2.83%)

12:31
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American Airlines extends Boeing 737 Max flight cancellations, Reuters says »

American Airlines (AAL)…

AAL

American Airlines

$30.60

-0.83 (-2.64%)

BA

Boeing

$362.15

-10.54 (-2.83%)

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UBER

Uber

$0.00

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Uber to announce $3.1B deal to buy Careem, Bloomberg says »

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RDUS

Radius Health

$18.92

-0.39 (-2.02%)

12:17
03/24/19
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Radius presents analysis from Phase 3 ACTIVE trial, data from TYMLOS studies »

Radius Health presented a…

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IIPR

Innovative Industrial Properties

$90.00

-0.175 (-0.19%)

13:09
03/23/19
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Innovative Industrial Properties flying high, Barron's says »

American cannabis…

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CAT

Caterpillar

$129.80

-4.1 (-3.06%)

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Investors missing how far Caterpillar dug into costs, Barron's says »

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MO

Altria Group

$55.90

-0.23 (-0.41%)

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E-cigarettes not helping people quit smoking, Barron's says »

According to the CDC,…

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MAN

Manpower

$80.83

-5.02 (-5.85%)

, SABR

Sabre

$21.02

-0.62 (-2.87%)

12:51
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Sabre, j2 Global among mid-cap stocks with sustainable dividends, Barron's says »

When it comes to…

MAN

Manpower

$80.83

-5.02 (-5.85%)

SABR

Sabre

$21.02

-0.62 (-2.87%)

WBS

Webster Financial

$48.90

-3.03 (-5.83%)

NATI

National Instruments

$44.16

-1.28 (-2.82%)

JCOM

j2 Global

$84.63

-1.95 (-2.25%)

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MSFT

Microsoft

$117.05

-3.6 (-2.98%)

, GME

GameStop

$10.57

0.03 (0.28%)

12:47
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Gaming meets the cloud as investors scramble to catch up, Barron's says »

The cloud will eventually…

MSFT

Microsoft

$117.05

-3.6 (-2.98%)

GME

GameStop

$10.57

0.03 (0.28%)

AMD

AMD

$26.43

-1.47 (-5.27%)

SNE

Sony

$42.09

-1.915 (-4.35%)

GOOGL

Alphabet Class A

$1,206.00

-30.38 (-2.46%)

GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

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LYFT

Lyft

$0.00

(0.00%)

12:42
03/23/19
03/23
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Investors should avoid booking ride when Lyft goes public, Barron's says »

Lyft will soon be going…

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DIS

Disney

$108.30

-0.36 (-0.33%)

, AAPL

Apple

$191.11

-3.96 (-2.03%)

12:38
03/23/19
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Streaming revolution too complicated, Barron's says »

The streaming revolution…

DIS

Disney

$108.30

-0.36 (-0.33%)

AAPL

Apple

$191.11

-3.96 (-2.03%)

CMCSK

Comcast

$0.00

(0.00%)

CMCSA

Comcast

$39.56

-0.49 (-1.22%)

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FB

Facebook

$164.25

-1.83 (-1.10%)

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Alphabet

$1,204.85

-26.86 (-2.18%)

08:18
03/23/19
03/23
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08:18
On The Fly
Week in review: How Trump's policies moved stocks »

Catch up on the top…

FB

Facebook

$164.25

-1.83 (-1.10%)

GOOG

Alphabet

$1,204.85

-26.86 (-2.18%)

GOOGL

Alphabet Class A

$1,206.00

-30.38 (-2.46%)

TWTR

Twitter

$32.98

0.37 (1.13%)

GM

General Motors

$36.51

-0.84 (-2.25%)

AMD

AMD

$26.43

-1.47 (-5.27%)

INTC

Intel

$53.20

-1.41 (-2.58%)

MRVL

Marvell

$19.69

-1.11 (-5.34%)

MCHP

Microchip

$85.50

-1.83 (-2.10%)

MU

Micron

$41.68

-2.32 (-5.27%)

NVDA

Nvidia

$177.40

-6.52 (-3.55%)

QCOM

Qualcomm

$56.71

-1.05 (-1.82%)

TXN

Texas Instruments

$109.51

-2.68 (-2.39%)

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21:30
03/22/19
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21:30
General news
Breaking General news story  »

Chicago Federal Reserve…

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Atlanta Federal Reserve…

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