FinancialEdge - Biggest Corporate Comebacks

With Apple (Nasdaq:AAPL) recently supplanting Microsoft (Nasdaq:MSFT) as the most valuable tech company in the world, there is no doubt that it is one of the most remarkable turnarounds in U.S. corporate history. From a foundering company teetering on the edge of irrelevance, Apple has become one of the most innovative consumer-focused technology companies.


Apple is not alone, though. Many other corporations have danced on the brink of collapse and found their way back. Here we take a look at some other well-known major companies that had their flirtations with trouble and came back stronger than ever.


To read the full piece, please click on the link below: 
http://financialedge.investopedia.com/financial-edge/0610/Biggest-Corporate-Comebacks.aspx

Satellite Phones Head Into Orbit

Considering all the attention given to iPhones, Blackberries, 4G and other mobile phone topics, investors could be forgiven if they have forgotten that satellite phone systems still existed. Judging by the announcement last week that Iridium Communications (Nasdaq:IRDM) had awarded a major contract to build a new satellite network, the business not only still exists, but has money-making potential ahead of it. 

The New Deal 
On June 2, the satellite phone operator announced that it had awarded a contract for its Iridium NEXT project to a consortium led by France's Thales. The deal, which could be worth in excess of $3 billion, calls for the construction and launch of 72 low-orbit satellites starting in 2015. 


For the complete piece, please go on to:
http://stocks.investopedia.com/stock-analysis/2010/Satellite-Phones-Head-Into-Orbit-IRDM-BA-LMT-BLL-FSL-MOT-ORB0610.aspx