Market Trend Signal – Trend Following Stocks -Loral Space & Communications Inc. LORL
Loral Space & Communications Inc., together with its subsidiaries, operates as a satellite communications company. It operates in two segments, Satellite Manufacturing and Satellite Services. The Satellite Manufacturing segment designs and manufactures satellites, space systems, and space system components for commercial and government customers. These products are used in various applications, including fixed satellite services, direct-to-home broadcasting, mobile satellite services, broadband data distribution, wireless telephony, digital radio, digital mobile broadcasting, military communications, weather monitoring, and air traffic management. The Satellite Services segment involves in the broadcast, enterprise services, and consulting and other operations.
This segments broadcast operations consist of direct-to-home, video distribution, and occasional use services, such as satellite transmission services for the timely broadcast of video news, sports and live event coverage on a short-term basis. Its enterprise services provide North America Data Networks, international enterprise networks, Ka-band Internet services, telecommunication carrier services, and government services. This segments consulting and other operations include satellite-related services. As of March 10, 2009, the company had a fleet of 12 satellites in-orbit. It has a joint venture with Hisdesat Servicios Estrategicos, S.A., which owns and operates an X-band satellite. Loral Space & Communications operates in Canada, the United States, Europe, the Middle East, Africa, Asia, Australia, Latin America, and the Caribbean. The company was founded in 1996 and is based in New York, New York. (source)
LORL Currently has a BUY Signal
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