Loral Space & Communications fka LORL

[Gooeyduck]

I wonder if tomorrows volume will exceed the entire months getting in on that $13.60 dividend

[Gooeyduck]

Loral Space & Communications Inc. (NASDAQ: LORL) today announced that its Board of Directors has declared a special dividend of $13.60 per share for an aggregate dividend of up to $421 million. The dividend is payable on April 20, 2012 to holders of record of Loral voting and non-voting common stock as of April 10, 2012. As of March 27, 2012, there were outstanding 21,117,311 shares of Loral voting common stock and 9,505,673 shares of Loral non-voting stock.

Loral's declaration of this special dividend is a direct result of Telesat's completion today of a refinancing and recapitalization transaction which resulted in a dividend from Telesat to Loral. As part of the transaction, Telesat entered into a new credit agreement that replaced its existing credit agreement and increased its indebtedness by approximately $490 million. Commenting on Telesat's refinancing, Michael B. Targoff, Chief Executive Officer of Loral, said: "I am particularly gratified that Telesat was able to raise approximately $2.5 billion of bank financing with an average annual interest rate of approximately 4.4%, another testament to the strength of the Telesat business."

[Penny Roger$]

~ Monday! $LORL ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $LORL ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=LORL&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=LORL&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=LORL
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=LORL#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=LORL+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=LORL
Finviz: http://finviz.com/quote.ashx?t=LORL
~ BusyStock: http://busystock.com/i.php?s=LORL&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=LORL >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[coolnapz]

This has been climbing a trendline and trading above the daily moving averages. However, on the weekly chart it looks like it is setting up for another big up move.