Last $79.05 USD
Change Today +0.05 / 0.06%
Volume 5.5K
LORL On Other Exchanges
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As of 12:08 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

loral space & communications (LORL) Snapshot

Open
$79.24
Previous Close
$79.00
Day High
$79.24
Day Low
$78.50
52 Week High
01/22/14 - $82.13
52 Week Low
10/15/14 - $64.23
Market Cap
2.4B
Average Volume 10 Days
62.7K
EPS TTM
$0.44
Shares Outstanding
21.4M
EX-Date
12/5/12
P/E TM
179.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for LORAL SPACE & COMMUNICATIONS (LORL)

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loral space & communications (LORL) Details

Loral Space & Communications Inc., a satellite communications company, provides satellite-based services to broadcast, telecom, corporate, and government customers worldwide. The company is involved in the distribution or collection of video and audio signals, which include satellite transmission services, uplinking and downlinking services, occasional use services, and bundled and value added services, such as digital encoding. It also provides satellite transmission and ground network services for voice, data, image transmission, and Internet services; and consulting services related to space and earth segments, government studies, satellite control services, and research and development. As of December 31, 2013, the company provides satellite services through a fleet of 14 in-orbit satellites; and the Canadian Ka-band payload on the ViaSat-1 satellite. In addition, the company provides X-band communications services to the United States, Spanish, and allied government users, including the U.S. Department of Defense; U.S. Department of State; various agencies of the Spanish Government; the Belgium Ministry of Defense; the Norwegian Ministry of Defense; and the Danish armed forces, as well as manages the operations of additional satellites for third parties. Loral Space & Communications Inc. was founded in 1996 and is based in New York, New York.

22 Employees
Last Reported Date: 03/3/14
Founded in 1996

loral space & communications (LORL) Top Compensated Officers

President, General Counsel and Secretary
Total Annual Compensation: $953.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $601.8K
Compensation as of Fiscal Year 2013.

loral space & communications (LORL) Key Developments

Two Canadian Pension Funds Reportedly Near Deal for Loral

Ontario Teachers Pension plan and Public Sector Pension Investment Board are nearing a deal to acquire Loral Space & Communications, Inc. )(NasdaqGS:LORL), according to a source familiar with the matter. If the parties can reach a deal, the funds will own Telesat, which Loral owns a 62.8% share. A deal could be announced as soon as December, the source said. The parties have not decided on a final price yet and talks could still fall apart, the source said who declined to be identified because the matter is not public. Bloomberg reported that the funds were near a deal for about $85 per share for Loral. The shares closed up 7.2% at $78.5 on Nasdaq. Representatives from Loral, Telesat, Ontario Teachers Pension plan, Public Sector Pension Investment Board and Loral's top shareholder, MHR Fund Management, could not immediately be reached for comment.

Loral Space & Communications, Inc., Annual General Meeting, Dec 09, 2014

Loral Space & Communications, Inc., Annual General Meeting, Dec 09, 2014., at 10:30 US Eastern Standard Time. Location: Willkie Farr & Gallagher LLP. Agenda: To consider electing to the board of directors the two current Class II directors who have been nominated by the board of directors and whose terms will expire at the annual meeting; to consider acting upon a proposal to ratify the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the year ending December 31, 2014; and to consider acting upon a proposal to approve, on a non-binding, advisory basis, compensation of the company’s named executive officers as described in the accompanying proxy statement.

Viasat, Inc. Files Patent Infringement Patent Infringement Lawsuit

On August 8 and August 11, 2014, the trial court issued decisions on the post-trial motions filed in the breach of contract and patent infringement lawsuit brought by ViaSat, Inc. and Lorals former subsidiary, Space Systems/Loral, LLC. The court granted SSLs motions for a new trial on damages, finding that SSL had identified problems with the jurys award of damages in light of the evidence presented at trial and that a new trial on damages is necessary to prevent a miscarriage of justice. In light of the new trial on damages, the court denied as moot ViaSats motion for prejudgment and post-judgment interest. The court denied several post-trial motions filed jointly by Loral and SSL seeking entry of a judgment as a matter of law that the patents asserted by ViaSat in the ViaSat Suit are invalid. The court also denied post-trial motions filed by SSL seeking a judgment as a matter of law that SSL did not infringe the asserted patents or breach any contracts with ViaSat. In addition, the court denied SSLs motion seeking a new trial on liability issues.

 

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Valuation LORL Industry Range
Price/Earnings 100.0x
Price/Sales -- Not Meaningful
Price/Book 11.2x
Price/Cash Flow 206.5x
TEV/Sales -- Not Meaningful
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