Tag Archives: lead tech

Dish Spectrum Pay-Off? DirecTV Dowry, FCC Scenarios

As Dish Networks’ stock trades near its all-time high, shareholders await the next move by Charlie Ergen, chairman of a company one analyst calls an emerging “spectrum conglomerate.” Reports speculated last week that Ergen aims to cajole DirecTV Group (DTV) into again seeking a merger between the two satellite broadcasters, a move regulators blocked in 2002. Dish (DISH) has been buying blocks of radio spectrum for two years. It has nearly 55 MHz.

Mindbody Builds Financial Muscle, Mulls IPO

Mindbody continues to flex its muscles in the growing health and wellness field. The San Luis Obispo, Calif.-based company provides software used by tens of thousands of gyms, yoga studios, health clubs and others in the wellness field worldwide. Clients use Mindbody’s software to let members schedule classes, manage payroll and do other tasks. Mindbody CEO Rick Stollmeyer is adamant the company is on the IPO path, perhaps next year. Mindbody is

Red Hat Q4 Earnings Beat As Subscriptions Jump

Red Hat continues to make gains in the cloud. The enterprise software company late Thursday posted Q4 earnings and revenue that topped Wall Street expectations. It’s the fourth straight quarter EPS beat views. But the company issued a light outlook for the current quarter, and Red Hat (RHT) stock was down a fraction in after-hours trading. Red Hat stock rose a fraction in the regular session to 56.13. Shares touched a nearly two-year high of 61.45