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Globalstar, Inc. News

Five Top Gainers for Monday: Affirm, Globalstar,

Affirm Holdings, Globalstar,, Hill-Rom and Independence Holding Co. are five top stock gainers for Monday.

Globalstar Stock Rockets; New iPhone Said to Support Satellite Communication

Globalstar shares take off on report that the latest iPhone will be able to use satellite communications.

GlobalStar Initiated Buy as B. Riley Sees Return Potential

'Globalstar and its sponsors ... are at long last starting to realize a return on satellite system assets,' B. Riley said, initiating the stock at buy.

SpaceX Delays Florida Rocket Launch Due to Weather Concern

Due to weather concern, Elon Musk's SpaceX postponed what would have been the first private flight into space with astronauts aboard.

Sprint, T-Mobile merger starting to come into focus

A deal is reportedly closer to being consummated, and the carriers' massive wireless spectrum portfolio would provide a distinct advantage.

Breaking News

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.