Streetbeat News

DISH

Dish Network Corp

CEO

W. Erik Carlson

Employees

17,791

Industry

Satellite Telecommunications

dish network wants to recreate the landscape of information and entertainment to become the sole provider of voice, video and data. we possess the integrity to set high goals and the commitment to achieve the results. we believe pride is a personal commitment, to do your best in everything you do. we explore the uncharted course, we make mistakes and we learn from them. we are willing to take risks and have the confidence to overcome obstacles along the way. our goal is clear even if the path isn't. there is no substitute for winning. we possess the discipline and the competitive spirit to make winning a reality. to view this page's terms of service, please visit http://www.dish.com/careers/legal/socialmediatos/. fortune and time, inc. are not affiliated with, and do not endorse products or services of dish network. from fortune magazine, march 1, 2015 © 2015 time, inc. used under license. fortune and the world's most admired companies are registered trademarks of time, inc. and

Open

5.64

Mkt cap

3.1B

Volume

51M

High

5.96

P/E Ratio

3.04

52-wk high

15.96

Low

5.57

Div yield

N/A

52-wk low

3.21

DirecTV has decided to cancel its planned acquisition of EchoStar's video distribution service, Dish DBS, due to Dish bondholders rejecting a debt exchange.

Portfolio Pulse from

November 13, 2024 | 6:45 pm

Investor interest in high-yielding corporate bonds is increasing as expectations grow for the Federal Reserve to cut rates later this year. This trend is driven by a desire to lock in high interest rates and a change in Moody's rating approach, boosting demand for riskier, high-yield bonds. Companies like AMC Entertainment, Stanley Black & Decker, and Teledyne Technologies are among those offering the highest yields, indicating a higher risk of default but potentially higher returns for investors.

Portfolio Pulse from Adam Eckert

March 18, 2024 | 6:21 pm

The Buxton Helmsley Group, Inc. (BHG), an investment fund manager, issued a letter to EchoStar Corporation's Board of Directors alleging accounting and securities fraud, fraudulent conveyances, and breaches of fiduciary duty related to EchoStar's recent merger with DISH Network Corp. BHG claims that DISH had pre-merger material misstatements of financial position and that EchoStar did not respond to BHG's private notification of these issues. BHG holds a short interest in the securities of both companies and may adjust its positions in the future.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 2:05 pm

EchoStar Corp (SATS) completed strategic transactions post-merger with Dish Network, enhancing its business flexibility. The merger integrates Dish's satellite tech and 5G network with EchoStar's satellite communications. Despite Dish's debt and declining TV subscribers, the merger aims to shift focus to wireless services, competing with Verizon (VZ) and AT&T (T). EchoStar's subsidiary DISH Wireless received a $50M grant from NTIA for the ORCID project to test Open RAN network solutions. This news propelled SATS shares up by 36.40% to $17.27.

Portfolio Pulse from Anusuya Lahiri

January 10, 2024 | 5:43 pm

DISH Wireless, a subsidiary of EchoStar Corporation, has been awarded a $50 million grant by the U.S. Department of Commerce. This grant is aimed at supporting the development and deployment of advanced wireless services, which could enhance DISH Wireless's capabilities and market position.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 2:11 pm

Verizon Communications Inc. (VZ) received an upgrade from KeyBanc Capital Markets analyst Brandon Nispel, who changed the rating from Sector Weight to Overweight with a $45 price target. Nispel predicts Verizon will outperform T-Mobile (TMUS) and AT&T (T) in postpaid phone net additions in 2024. He also expects Verizon's Consumer Broadband business to see significant net adds in 2023 and 2024, driven by FiOS and 5G Home services. Verizon's EBITDA growth is projected to exceed 2% in 2024. The upgrade follows a merger between Dish Network (DISH) and EchoStar (SATS). Verizon shares rose 1.08% to $39.30 following the upgrade.

Portfolio Pulse from Priya Nigam

January 03, 2024 | 4:36 pm

Echostar Corporation has announced an offering of 49,324,850 shares of Class A Common Stock, which may be issued upon the conversion of certain convertible notes by its subsidiary, Dish Network, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 1:06 pm

The article discusses notable value stocks in the communication services sector, highlighting five companies with low price-to-earnings (P/E) multiples, suggesting they may be undervalued. Xunlei, Cogent Comms Hldgs, VEON, SK Telecom Co, and DISH Network are identified as value stocks. The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating their financial performance and attractiveness to value investors. Benzinga Insights selected these stocks based on quantified analysis.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 2:44 pm

DISH Network Corporation (NASDAQ:DISH) shares are experiencing an uptrend following a post-earnings drop in early November. The recovery is attributed to Hamid Akhavan, CEO and president of EchoStar Corp (NASDAQ:SATS), joining DISH as president and CEO, and the FCC's approval for the transfer of control of DISH and its subsidiaries to EchoStar. The merger will recombine the two entities. EchoStar is set to replace DISH in the S&P SmallCap 600 before trading opens on January 2, coinciding with the expected completion of the acquisition. DISH shares were up 7.64% at $5.70, and SATS shares were up 7.29% at $16.18 at the time of publication.

Portfolio Pulse from Ryan Gustafson

December 28, 2023 | 8:14 pm

EchoStar will replace DISH Network in the S&P SmallCap 600 before trading opens on January 2, coinciding with EchoStar's acquisition of DISH Network, subject to final conditions being met.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 10:18 pm

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