Best 25 stocks in the last tax year April 15, 2019 By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Inmarsat prepares to leave stock market in $3.4bn private equity deal March 25, 2019 Private equity firms have sealed a $3.4bn (£2.58bn) deal for UK satellite operator Inmarsat, sending its shares up seven per cent in early morning trading. The agreement will see the successful bidders pay $7.21 (546p) per share for the firm, a premium on its Friday close price of 506.2p. Read more: Inmarsat shares jump 16 [...]
Inmarsat shares take off after private equity firms make buyout offer March 20, 2019 Shares in British satellite firm Inmarsat soared more than 16 per cent in early trading after it revealed it is in talks with two private equity firms over a buyout deal. Inmarsat last night confirmed it is in discussions with Apax Partners and Warburg Pincus, which have tabled a cash offer of $7.21 (£5.43) per [...]
Private equity firms Apax Partners and Warburg Pincus approach Inmarsat with buyout proposal March 19, 2019 British satellite company Inmarsat is in talks with private equity firms Apax Partners and Warburg Pincus over a buyout deal. The firms, which were joined by Canada Pension Plan Investment Board, have proposed to make a cash offer of $7.21 (£5.43) per Inmarsat share, the company announced today, which would value Inmarsat at about $3.3bn. [...]
Hyperoptic secures deal to provide superfast broadband to 20,000 homes March 19, 2019 Hyperoptic has secured a deal to supply superfast broadband to more than 20,000 homes. The London-headquartered firm has agreed to supply all homes run by housing association Network Homes across the capital, Hertfordshire and the South East. Read more: Which broadband provider is most likely to cut you a better deal? Hyperoptic offers broadband speeds [...]
Satellite telecoms firm Inmarsat boosts revenue due to in-flight broadband demand March 7, 2019 Satellite communications firm Inmarsat has reported increased revenue driven by demand for in-flight broadband. Shares in the company jumped more than five per cent as the company, which provides communications to ships, aircraft and remote locations, posted its full-year results. Read more: Satellite firm Inmarsat shares fall The figures Revenue increased by 5.3 per cent [...]
The final frontier: Opportunities for global Britain lie in the stars February 11, 2019 This summer marks the fiftieth anniversary of the first humans landing on the moon on 20 July 1969. It was a defining moment of human achievement that still intrigues and fascinates to this day. First Man, Hollywood’s look at the life of the astronaut Neil Armstrong, played by Ryan Gosling, has just been nominated for [...]
Satellite firm Inmarsat shares fall as it says full-year revenue will come in at bottom end of guidance November 8, 2018 Shares in British satellite firm Inmarsat fell eight per cent as markets opened this morning, as it narrowed full-year revenue guidance despite achieving a solid third quarter. Revenue for the three months to 30 September rose 3.7 per cent to $369.3m (£281.7m), while profits after tax doubled to $227.7m compared to the same period in [...]
Ready for lift-off: Silicon Roundabout’s Inmarsat is launching a rocket August 28, 2015 Inmarsat, which is based in London's Silicon Roundabout at Old Street, launched its third satellite into the atmosphere today. The Inmarsat-5 F3 was carried into space by a rocket at 12:44pm UK time. This creates the world’s first globally available, high-speed mobile broadband service, delivered through a single provider. "We launched our first satellite over Europe, the [...]
Inmarsat’s new rocket I-5 F3 launches on 28 August 2015 August 17, 2015 Inmarsat has scheduled the launch of the third satellite of its Global Xpress array, after a delay in May caused the satellite telecommunications company to reduce its revenue and earnings forecast for the year. The Inmarsat-5 F3 is scheduled for launch at the Baikonur Cosmodrome in Kazakhstan on 28 August 2015. The final satellite completes [...]