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Options Brief: Vonage
Wednesday, July 20, 2011 - 9:33am | 65Shares of Vonage (NASDAQ: VG) are lower on the session by 5.75%, trading at $4.10. Overall put volume is now running at 104.17x the daily average, with 0% of all puts traded being purchases on the offer. 10,000 contracts have traded on the session so far. Vonage Holdings Corp. is a provider of...
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Gilat Selected to Provide Turnkey Broadband Satellite
Wednesday, July 20, 2011 - 6:32am | 53Gilat Satellite Networks Ltd. (Nasdaq: GILT) today announced that it has been selected by Russian Yakutia Ministry of Finance to provide a full turnkey SkyEdge II broadband satellite network to serve new Ministry of Finance locations across Sakha Republic, one of Russia's largest Federal Districts.
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Rodman & Renshaw, LLC Announces Exercise of Over-Allotment Option of Underwritten Offering of Common Stock by Towerstream Corporation
Monday, July 18, 2011 - 1:24pm | 88Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) announced today the exercise of the over-allotment option granted to the underwriters to purchase 1,350,000 additional shares of common stock, at a public offering price of $4.00 per...
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Towerstream Corporation Announces Exercise of Over-Allotment Option ofTowerstream Corporation Announces Exercise of Over-Allotment Option of Underwritten Offering of Common Stock
Friday, July 15, 2011 - 3:00pm | 62Towerstream (Nasdaq: TWER), announced today the full exercise of the over-allotment option granted to the underwriters to purchase 1,350,000 additional shares of its common stock, at a public offering price of $4.00 per share, in connection with its previously announced underwritten offering of 9,...
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Towerstream Corporation Announces Pricing of an Underwritten Registered Offering of Common Stock; 9M Shares at $4 Each
Friday, July 15, 2011 - 7:32am | 109Towerstream (Nasdaq: TWER) announced the pricing of an underwritten registered offering of 9,000,000 shares of its common stock at an offering price of $4.00 per share. The gross proceeds to Towerstream from this offering are expected to be approximately $36.0 million, before deducting...
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Level 3 Confirms Previously Announced Expectations for Q2
Thursday, July 14, 2011 - 8:00am | 98Level 3 Communications, Inc. (NASDAQ: LVLT) is confirming its previously issued expectation that for the second quarter 2011, the Company expects sequential growth in Core Network Service revenue to strengthen. Additionally, the Company confirms that it expects low double digit percentage growth...
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Level 3 Announces Proposed Private Offering of Additional 8.125% Senior Notes Due 2019
Thursday, July 14, 2011 - 7:57am | 131Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that Level 3 Escrow, Inc., its indirect wholly owned subsidiary, plans to offer an additional $300 million aggregate principal amount of 8.125% Senior Notes due 2019 in a proposed private offering to "qualified institutional buyers," as...
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Level 3 Supports Increased Connectivity and Network Scalability for European Game Server Provider
Thursday, July 14, 2011 - 6:05am | 142Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected by Rotterdam-based game server provider Interactive 3D B.V. (i3D.net) to provide high-speed IP services to support the company's network scalability and connectivity needs, as well as wavelength transport...
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Level 3 Expands Strategic Relationship with Cox Communications
Wednesday, July 13, 2011 - 8:02am | 193Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has signed multi-year agreements with Cox Communications to deliver high-speed IP and transport services, and is also expanding the capabilities made available through Level 3's wholesale partner program that enable Cox to use and...
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Gilat Selected by Synterra to Extend Broadband Telecommunications Throughout the Russian Far East
Wednesday, July 13, 2011 - 6:03am | 73Gilat Satellite Networks Ltd. (Nasdaq: GILT) today announced that it has been selected by Synterra, Russia's national communications carrier, to provide satellite communications equipment for the extension of a broadband network throughout Siberia and the Russian Far East. The network is set to...
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Global Crossing Receives Request for Second Review in Connection with Proposed Acquisition by Level 3
Tuesday, July 12, 2011 - 8:16am | 93Global Crossing Limited (NASDAQ: GLBC) announced today that it and Level 3 Communications (NASDAQ: LVLT) have received from the U.S. Department of Justice a request for additional information (commonly referred to as a "second request") under the Hart-Scott-Rodino Antitrust Improvements Act of 1976...
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Globalstar Satellites Now Scheduled for Launch on July 13th
Tuesday, July 12, 2011 - 8:05am | 28Globalstar, Inc. (Nasdaq: GSAT) announced that the launch of six Globalstar satellites has been rescheduled by launch services provider Arianespace.
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Level 3 Receives Department of Justice Request for Additional Information in Connection with Proposed Global Crossing Acquisition
Tuesday, July 12, 2011 - 8:01am | 71Level 3 Communication, Inc. (NASDAQ: LVLT) announced today that Level 3 and Global Crossing Limited (NASDAQ: GLBC) each received from the U.S. Department of Justice a request for additional information under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to Level 3's...
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Globalstar Delays Satellite Launch
Monday, July 11, 2011 - 8:43am | 44Globalstar, Inc. (Nasdaq: GSAT) today announced that the launch of six Globalstar satellites scheduled for earlier today was postponed following the countdown's interruption prior to liftoff of the Soyuz launch vehicle from Baikonur Cosmodrome in Kazakhstan.
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NASDAQ Stocks Hitting 52-Week Highs
Thursday, July 7, 2011 - 9:19am | 146Perfumania Holdings Inc (NASDAQ: PERF) shares rose 3.90% to create a new 52-week high of $16.00. PERF reported total net sales of $24.3 million for the five week fiscal month of June 2011 which ended July 2, 2011, up from $21.0 million, in the year-ago period. Herman Miller Inc (NASDAQ: MLHR)...