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Stock impact report

Hot Inflation Report Derails Case for Fed June Rate Cut [Yahoo! Finance]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: Yahoo! Finance
A hotter-than-expected March inflation report put odds of a June rate cut in peril on Wednesday. “Wednesday's CPI confirms that inflation is re-accelerating and we believe that rate cuts are off the table for the foreseeable future,” writes Skyler Weinand, chief investment officer at Regan Capital. “While recent Fedspeak has oscillated between doves and hawks, we suspect that central bankers are getting nervous about inflation accelerating and will look to tame it through a prolonged stasis in rates and perhaps a rate hike in the not too distant future.” Zacks EchoStar's (SATS) subsidiary Hughes gets contract from GA-ASI for production of a vital component of the advanced satellite communications system for MQ-1C Gray Eagle 25M Unmanned Aircraft System. Barrons.com An asset class left for dead is reinventing itself on Wall Street in part because there's money to be made. The Wall Street Journal Gain insight on Canadian telecoms, Telia, Netease, and more in the latest Mark Show less Read more
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