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Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks rallied to close at record levels Friday, with the Dow Jones hitting 33,800 and the S&P 500 topping 4,100, as investors ignored co...
Investors have high hopes for economic growth, and the big beneficiary in Thursday's stock market action was the Nasdaq Composite (NASDAQINDEX: ^IXIC) . Other major market benchmarks were mixed, but as of 1:45 p.m. EDT, the Nasdaq was up close to a full percent on the trading day. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Orbcomm (NASDAQ: ORBC ) stock is rocketing higher on Thursday after announcing a deal that will have GI Partners acquiring the Internet of Things (IoT) company. Source: Shutterstock.com According to a news ...
Gainers: Vericity (VERY) +76%.ORBCOMM (ORBC) +52%.Rice Acquisition (RICE) +37%.China Green Agriculture (CGA) +27%.Century Bancorp (CNBKA) +25%.PAR Technology (PAR) +25%.American Virtual Cloud Technologies (AVCT) +21%.180 Life Sciences (ATNF) +20%.Auris Medical (EARS) +18%....
Gainers: ORBCOMM (ORBC) +52%. Jiayin Group (JFIN) +14%. Vision Marine Technologies (VMAR) +13%. Blink Charging (BLNK) +13%. GrowGeneration (GRWG) +10%.Losers: Insignia Systems (ISIG) -11%. Scienjoy Holding (SJ) -10%. Landec (LNDC) -8%. Jowell Global (JWEL) -8%. 1847 Goedeker (GOED) ...
Shares of ORBCOMM (NASDAQ: ORBC) have skyrocketed today, up by 51% as of 11 a.m. EST, after the company said it was going private. Private equity firm GI Partners is acquiring ORBCOMM in an all-cash deal that values the satellite telecommunications company at $1.1 billion, including...
ORBCOMM (ORBC) to be acquired by GI Partners, a leading US-based investor in data infrastructure businesses, in an all-cash transaction of ~$1.1B, including net debt. ORBCOMM stockholders will receive $11.50 in cash per outstanding share, representing a premium of ~52% to closing share price ...
ROCHELLE PARK, N.J., April 08, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to be acquired by GI Partners, a leading US-based investor in data infrastructure bus...
ROCHELLE PARK, N.J., April 06, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been selected by IWX Motor Freight (IWX), a freight shipping and trucking company based in Springfield, MO, to provide it...
Orbcomm beat analyst expectations. Debt reduction and lower interest costs lifting cash flow. Turnaround in play. For further details see: Why Orbcomm Is Still An Exceptional Stock To Buy
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ROCHELLE PARK, N.J., Sept. 08, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been selected by TLD Logistics Services Inc. (TLD), an independent subsidiary of Toyota Tsusho, to upgrade its fleet of t...
ROCHELLE PARK, N.J., Sept. 01, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, today announced the completion of its acquisition by GI Partners, a leading US-based private investment management firm, in an all-cash transaction that values ORBC...
ROCHELLE PARK, N.J., Aug. 26, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has achieved 5G for Enterprise Branch Specialization from Cradlepoint, the global leader in cloud-delivered LTE and 5G wireles...