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Loral Space & Communications

(LOR) - Get Lazard World Dividend & Income Fund Inc Report

was up 8.4% in midmorning after

The Wall Street Journal

reported it is considering several moves to boost its stock price, including a combination with

TheStreet Recommends

Societe Europeenne des Satellites


The satellite communications company also plans to cut off new financial support to

Globalstar Telecommunications


, its 40%-owned satellite telephone project. Globalstar was down 63% after reporting third-quarter earnings today that missed the Street estimate by 10 cents.