Craig-Hallum raised the firm’s price target on Globalstar (GSAT) to $5 from $4 and keeps a Buy rating on the shares. The next evolution of Globalstar’s partnership with Apple (AAPL) comes with ...
In news that is likely to be relevant to developing world markets where coverage of remote areas remains a problem, iPhone maker Apple has announced that it will invest up to US$1.5 billion in ...
Under the new terms, Apple will prepay up to $1.1 billion to fund network development, including satellite construction and launch costs. Apple will also invest $400 million to acquire a 20% passive ...
TAMPA, Fla. — Satellite operator Globalstar stock closed up more than 30% Nov. 1 after disclosing Apple’s plans to inject $1.7 billion for a new constellation to improve space-based communications for ...