Globalstar Inc: 1 director

A director at Globalstar Inc bought 50,000 shares at 18.561USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...

Auto/Industrial recovery; Enterprise IT slowdown; Chinese semicap; Rob...

As always, during earnings season, we wrap-up what happened in the previous week. For our main takes summarized on a single slide, and a few words on each of the 29 names we followed last week, follow the link below.

SATS quick thoughts following the 1Q25 call

In this note we touch briefly on all the main controversies, including progress in retail and wholesale, the prospect of a Cable MVNO, progress on the network build and FCC commitments, the return of the DBS merger, the direct-to-device opportunity, and the impact of tower lease obligations on valuation.

SATS 1Q25 Quick Take: Wireless making progress (but not enough)

Wireless results continued to improve, but not by enough to convince investors that the business will ultimately be worth what the spectrum is worth. We didn’t see any disclosure on the big strategic issues (spectrum sale; DBS merger; spectrum fight with SpaceX; potential D2D partner).

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Sappi, Telecom Italia, Lottomatica (formerly Gamenet), Nomad Foods (Iglo), Novelis, Recordati, Gestamp

Telecom Italia Spa: 1 director

A director at Telecom Italia Spa bought 500,000 shares at 0.336EUR and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...

Tariffs & Memory: the baseline & what’s next.

Evaluating the consequences of tariffs is challenging. As we strengthen our understanding of the tech supply chain, we follow-up with targeted deep dives across our coverage. This note follows recent ones we published on Nvidia, Broadcom, Intel & AMD, TSMC, and Semicap. ​​Read also our broader notes on tariffs: our baseline thesis for an overall perspective, and our assessment of the macro risk.

Winter for wireless 1Q25

This note explores the drivers of growth and market share shifts in Mobile in 1Q25. Industry net adds, switching, and upgrades all increased sharply. Investors are wrestling with whether the market is healthy or whether the increase in activity reflects a pull-forward of activity from later in the year driven either by consumers’ concerns over the impact of tariffs on handset prices or by unusually aggressive promotions. We suspect that activity was pulled forward (as do two of the carriers)...

Credit Morning 05/08/2025

Branicks Q1 25 results: Further increase in vacancy; fundamentally not improving|Teva: Q1 2025 results up slightly. Strong momentum in innovative medicines and the new efficiency programme lend credibility to the 2027 guidance.|TPG steps away from Techem acquisition; documentation subject to special call|Banco BPM reports solid Q1 performance|

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 05/08/2025

Morning Crédit 08/05/2025

Branicks Q1 25 results: Further increase in vacancy; fundamentally not improving|Teva : résultats au T1 2025 en légère hausse. La bonne dynamique des médicaments innovants et le nouveau programme d’efficience crédibilisent la guidance 2027.|TPG steps away from Techem acquisition; documentation subject to special call|BPM publie un trimestre record et au-dessus des attentes|

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 08/05/2025

Coffee, Croissants & Credit/Italgas, Infineon, Swisscom and Telecom It...

Utilities - Italgas: good 1Q25 results and 2i Rete Gas acquisition completed

Telecom Italia : Q1 2025: Poste Italiane contract coming in

Telecom Italia : Q1 2025: Poste Italiane contract coming in

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Trivium, TGS ASA, Intrum, Axactor, Virgin Media O2, Telecom Italia, Lottomatica (formerly Gamenet), Huhtamaki, Techem, Victoria, Teva, Encore Capital (formerly Cabot), Air Baltic

Telecom Italia (Neutral, €0.36, +0%) Downgrade to Neutral – and Q1 rev...

Telecom Italia has just reported a solid set of Q1 results, but given the very strong share price performance both YTD and since we upgraded to Buy back in October 2023, we now move back to Neutral.

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Gestamp, Nomad Foods (Iglo), Sappi, TalkTalk, Telecom Italia, CeramTec, Azelis, Synthomer, Victoria, Pasubio, Encore Capital (formerly Cabot), Cheplapharm

Autumn for Broadband 1Q25

In this installment of our Autumn for Broadband series, we provide a quick update on trends in the broadband market based on what we have seen from the companies that have reported so far. Net adds declined from an already weak pace a year ago and are well below the pre-pandemic norm. The expected recovery following the end of ACP didn’t materialize. We ponder whether growth is structurally lower, or whether temporary ACP-related pressures have persisted longer than expected.

Global EM Telcos Capex in steep decline; underpins EFCF growth

We analyze the capex history & outlook for Global EM Telcos. For this group capex is falling rapidly (-12% in 2024 in US$) as competitive intensity improves and markets consolidate. Excluding China and India, EM Telco capex is already down 23% from peak.