FCC's Wheeler to Consider Increasing In-Flight Mobile Wireless Access (GOGO)
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Senator Alexander Says 'No' to Airplane Cell Phone Conversations
November 26, 2013 1:14 PM ESTU.S. Senator Lamar Alexander (R-Tenn.) said today that he will introduce legislation, if necessary, to stop the Federal Communications Commission from allowing cell phone conversations on airplanes.
"Imagine two million passengers, hurtling through space, trapped in 17-inch-wide seats, yapping their innermost thoughts," the senator said. "The Transportation Security... More
UPDATE: JPMorgan Cuts Gogo (GOGO) to Neutral as Massive Lockup Expiration Looms
November 22, 2013 7:27 AM EST(Updated - November 22, 2013 9:35 AM EST)
(Updated - November 22, 2013 9:01 AM EST)
JPMorgan downgraded Gogo (NASDAQ: GOGO) from Overweight to Neutral with a price target of $28.00. Analyst Philip Cusick thinks upcoming, large lockup explorations could pressure the stock. 67% of outstanding shares will be freed up for sale when lockups expire on December 17th-18th. In addition, Cusick thinks JetBlue's launch of Wi-Fi service could worry investors.
"Gogo's IPO lock-up is due to expire on December... More
Gogo (GOGO) Spikes on FCC Comments
November 21, 2013 3:20 PM ESTGogo (NASDAQ: GOGO) spiking following FCC comments that it might consider in-flight wireless access.... More
