Latest news with #Telesat
Toronto Star
a day ago
- Business
- Toronto Star
Telesat Schedules Second Quarter 2025 Earnings Conference Call for August 6, 2025
OTTAWA, Ontario, July 30, 2025 (GLOBE NEWSWIRE) — Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Wednesday, August 6, 2025, at 10:00 a.m. EDT to discuss its financial results for the three and six month periods ended June 30, 2025. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer of Telesat.
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
Telesat Schedules Second Quarter 2025 Earnings Conference Call for August 6, 2025
OTTAWA, Ontario, July 30, 2025 (GLOBE NEWSWIRE) — Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Wednesday, August 6, 2025, at 10:00 a.m. EDT to discuss its financial results for the three and six month periods ended June 30, 2025. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website ( ) under the tab 'Investors' and the heading 'Investor News.' Dial-in Instructions: The toll-free dial-in number for the teleconference is +1-800-715-9871. Callers outside of North America should dial +1-646-307-1963. The access code is 3355041. Please allow at least 15 minutes prior to the scheduled start time to connect to the teleconference. In the event of technical issues, please dial *0 and advise the conference call operator of the company name (Telesat) and the name of the moderator (James Ratcliffe). Webcast: The conference call can also be accessed, as a listen in only, at . A replay of the webcast will be archived on Telesat's website under the tab 'Investors.' Dial-in Audio Replay: A replay of the teleconference will be available from one hour after the end of the call on August 6, 2025 until 11:59 p.m. EDT on August 20, 2025. To access the replay, please call +1-800-770-2030. Callers from outside North America should dial +1-609-800-9909. The access code is 3355041. About Telesat Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most successful global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world's most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth. Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company's state-of-the-art Low Earth Orbit (LEO) satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn , X , or visit . Contact: Investor Relations James Ratcliffe +1 613 748 8424 ir@
CTV News
02-07-2025
- Business
- CTV News
Ottawa's downtown office vacancy rate at 15 per cent through the spring
Ottawa's office vacancy rate improved slightly in the spring, with a new report suggesting there is demand for mid to large-sized office space in the core and in Kanata. CBRE Canada's second-quarter Canada Office Figures report shows Ottawa's vacancy rate dropped from 12.7 per cent in the January-March period to 12.5 per cent in the April-June period. 'Uncertainty regarding the economic landscape continued to obfuscate occupier decision making, although demand still exists for mid to large-sized space, as observed in the core and in Kanata,' the report says. The vacancy rate in downtown Ottawa was 15 per cent in the second quarter, while the office vacancy rate in the suburbs was 10.5 per cent. Toronto's downtown vacancy rate was 18.5 per cent in the spring, while Montreal's downtown vacancy rate was 18.6 per cent. CBRE Canada says 'sizeable deals' were reported at 160 Elgin Street in the spring, with the Royal College of Physicians taking 62,000 sq. ft. of space and Telesat occupying 28,000 sq. ft. of space. According to the report, there was 'notable activity within the submarket' in the spring, including the sale of a full vacant building on Solandt Road to the Manitoba Metis Foundation for potential owner occupancy and Mitel sublisting 33,000 sq. ft. of space on Innovation Drive. CBRE Canada says industrial construction 'has hit a peak' in Ottawa, with Amazon starting construction on their third distribution facility. That will add a proposed 3.1 million sq. ft. to Ottawa's future industrial inventory. 'While trade negotiations have resulted in some short-term supply and increased uncertainty, many deals are still being completed or remain in the pipeline,' CBRE said. The industrial vacancy rate in Ottawa was 2.2 per cent in the spring.
Yahoo
01-07-2025
- Business
- Yahoo
Here's Why Telesat (TSAT) is a Great Momentum Stock to Buy
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Telesat (TSAT), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Telesat currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if TSAT is a promising momentum pick, let's examine some Momentum Style elements to see if this satellite communications company holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For TSAT, shares are up 4.98% over the past week while the Zacks Satellite and Communication industry is up 5.32% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 54.1% compares favorably with the industry's 23.19% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Telesat have risen 41.93%, and are up 188.55% in the last year. On the other hand, the S&P 500 has only moved 10.83% and 14.92%, respectively. Investors should also pay attention to TSAT's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. TSAT is currently averaging 140,767 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with TSAT. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost TSAT's consensus estimate, increasing from -$2.87 to -$2.21 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that TSAT is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Telesat on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Telesat Corporation (TSAT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Globe and Mail
19-06-2025
- Business
- Globe and Mail
Telesat Announces Results of 2025 Annual General Meeting of Shareholders
OTTAWA, Ontario, June 19, 2025 (GLOBE NEWSWIRE) -- Telesat Corporation (Nasdaq and TSX: TSAT) ('Telesat' or the 'Company'), one of the world's largest and most innovative satellite operators, today announced the voting results from its annual general meeting of shareholders held on June 17th virtually via live audio webcast. Shareholders of Telesat voted in favour of all items of business, including the appointment of Deloitte LLP Chartered Professional Accountants as auditors of the Company and the election of each of the director nominees as follows: Director Nominee Votes For Votes Withheld (a) Michael Boychuk 47,936,239 986,534 (b) Jane Craighead 46,146,974 2,775,795 (c) Richard Fadden 47,932,024 990,749 (d) Daniel S. Goldberg 47,934,997 987,776 (e) Henry (Hank) Intven 46,846,629 2,076,144 (f) David Morin 47,926,555 996,218 (g) Dr. Mark H. Rachesky 46,143,966 2,778,807 (h) Guthrie Stewart 46,145,394 2,777,377 (i) Michael B. Targoff 47,938,568 984,205 (j) Janet Yeung 47,938,784 983,987 Final voting results on all matters voted on at the meeting will be filed on SEDAR+ at and on EDGAR at About Telesat Backed by a legacy of engineering excellence, reliability and industry-leading customer service, Telesat (Nasdaq and TSX: TSAT) is one of the largest and most successful global satellite operators. Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world's most complex communications challenges, providing powerful advantages that improve their operations and drive profitable growth. Continuously innovating to meet the connectivity demands of the future, Telesat Lightspeed, the company's Low Earth Orbit ('LEO') satellite network, has been optimized to meet the rigorous requirements of telecom, government, maritime and aeronautical customers. Telesat Lightspeed will redefine global satellite connectivity with ubiquitous, affordable, high-capacity, secure and resilient links with fibre-like speeds. For updates on Telesat, follow us on LinkedIn, X, or visit Contacts: Investor Relations
