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Last $69.14 USD
Change Today -0.88 / -1.26%
Volume 56.5K
LORL On Other Exchanges
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

loral space & communications (LORL) Snapshot

Previous Close
Day High
Day Low
52 Week High
12/9/14 - $81.53
52 Week Low
10/15/14 - $64.23
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

loral space & communications (LORL) Related Businessweek News

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loral space & communications (LORL) Details

Loral Space & Communications Inc., a satellite communications company, offers satellite-based communications services to broadcast, telecom, corporate, and government customers worldwide. As of December 31, 2014, the company provided satellite services to its customers through a fleet of 14 in-orbit satellites; and the Canadian Ka-band payload on the ViaSat-1 satellite. It also offers video distribution and direct-to-home (DTH) video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; broadcast services, such as DTH, video distribution and contribution, and satellite transmission services for the broadcast of video news, sports, and live event coverage on a short-term basis enabling broadcasters to conduct on-the-scene transmissions using portable antennas. In addition, the company provides telecommunication carrier and integrator services; satellite services to the Canadian Government; two-way broadband Internet services; communications services to the oil and gas, and mining industries; maritime and aeronautical services; and satellite operator services, as well as services, such as the installation and maintenance of the end user terminal, maintenance of the VSAT hub, and provision of satellite capacity. Further, it offers consulting and other services to businesses and governments; and X-band services to the U.S. Department of Defense; U.S. Department of State; various agencies of the Spanish Government; and the Norwegian Ministry of Defense. Loral Space & Communications Inc. was founded in 1996 and is based in New York, New York.

22 Employees
Last Reported Date: 03/2/15
Founded in 1996

loral space & communications (LORL) Top Compensated Officers

President, General Counsel and Secretary
Total Annual Compensation: $982.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $631.5K
Compensation as of Fiscal Year 2014.

loral space & communications (LORL) Key Developments

Pension Investment Board & Ontario Teachers Fund Eye Loral

Public Sector Pension Investment Board is in talks to acquire Loral Space & Communications, Inc. (NasdaqGS:LORL). Ontario Teachers' Pension Plan also eyes Loral Space & Communications.

Canada Pension Funds' Bid For Loral Reportedly Falls Apart

Loral Space & Communications, Inc. (NasdaqGS:LORL) shares fell pre-market amid reports that talks to acquire Loral Space & Communications, shareholder of Telesat Holdings Inc. have fallen apart. Reports suggest that Ontario Teachers' Pension Plan and Public Sector Pension Investment Board's bid for Loral Space hits financing snag.

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.


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