E-Learning

Gilat Acquires Stellar Blu to Boost IFC Market Presence

The latest announcement is out from Gilat ( (GILT) ). Gilat Satellite Networks Ltd. has completed the acquisition of Stellar Blu Solutions LLC, a US-based provider of next-generation SATCOM terminal solutions, to bolster its growth in the In-Flight Connectivity (IFC) market. The acquisition is expected to significantly enhance Gilat’s position in the aviation and high-end mobility markets, potentially adding $120-150 million in annual revenues by 2025. This strategic move aims to leverage Stella

Read more

Morgan Stanley Pounds the Table on These 2 Timeshare Stocks

This first half of the 2020s has been difficult for timeshare stocks. The shutdowns of the COVID-19 pandemic were followed by rising inflation and rising interest rates, which all pushed down hard on consumer demand. But the pandemic is well behind us now; inflation, while still slightly above the Fed’s target rate, appears to be stabilizing; and the central bank is back to cutting rates. So, while it’s not surprising that timeshares have underperformed in recent years, consumers are starting to

Read more

Singapore’s Stock Benchmark Hits Record High as Banks Rally

(Bloomberg) -- Singapore’s stock benchmark closed at an all-time high on Wednesday, boosted by the ongoing rally in bank shares. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?NYC Condo Owners May Bear Costs of Landmark Green Building LawCan States Hit the Brakes on Runaway Roadbuilding?The Straits Times Index rose 1.5%, pushing the gauge above the p

Read more