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Latest Globecomm Systems Inc (GCOM) Headlines

Aframe Helps Mass AV Produce Corporate Videos 40 % Faster By Collaborating Securely in the Cloud
Business Wire - Thu Feb 06, 6:00AM CST
Aframe announced that Mass AV is using Aframe's cloud video production platform as a key part of its strategy to expand in the corporate video production market - by making the firm and its clients hyper efficient with an advanced digital workflow that fully utilizes the time savings, secure backup and mobility afforded by cloud computing. As the early year's sales kickoff meeting season brought heightened workloads, Aframe allowed Mass AV to move video projects from start to finish an estimated 40% faster -and offer secure collaboration features to its clients more typically offered by large video production firms, without requiring major IT investment, set-up time and costs.

Globecomm Founder and CEO David Hershberg to Retire
Business Wire - Wed Feb 05, 12:20PM CST
Globecomm Systems Inc., a leading communications solutions provider, today announced the retirement of founder and Chief Executive Officer David Hershberg. Keith A. Hall, President and Chief Operating Officer and 17 year veteran of the Company has been appointed CEO, effective immediately. Mr. Hershberg will serve as a consultant to the Board of Directors of the Company for special projects.

Wasserstein & Co. Completes Acquisition of Globecomm Systems Inc.
Business Wire - Wed Dec 11, 8:20AM CST
Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, announced today that an investor group led by Wasserstein & Co. has successfully completed the previously announced acquisition of Globecomm.

Globecomm Reports Fiscal 2014 First Quarter Financial Results
Business Wire - Fri Nov 01, 3:05PM CDT
Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, today reported financial results for the fiscal 2014 first quarter ended September 30, 2013. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per common share, both non-GAAP financial measures, for which the Company provides detailed reconciliations on the attached tables. The following are highlights:

Lockheed Wins Place in $4.1 Billion Pentagon Contract
Rich Smith, The Motley Fool - Motley Fool - Mon Oct 14, 4:31PM CDT
Government shutdown or no, defense contractor Lockheed Martin is still raking in the contracts. On Monday, Lockheed confirmed that it has won a place in an indefinite-delivery/indefinite-quantity contract worth up to $4.1 billion to supply...

GLOBECOMM SYSTEMS INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Fiduciary Duty by Board of Globecomm Systems Inc. Regarding Sale of Company to Affiliate of Wasserstein & Co. -- GCOM
GlobeNewswire - Fri Oct 11, 11:37AM CDT
Levi & Korsinsky notifies investors of Globecomm Systems Inc. ("Globecomm" or the "Company") (Nasdaq:GCOM) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to an affiliate of Wasserstein & Co. A complaint was filed in New York state court.

Globecomm Systems Has Returned 12.6% Since SmarTrend Recommendation (GCOM)
Comtex SmarTrend(R) - Thu Oct 10, 5:03PM CDT
SmarTrend identified an Uptrend for Globecomm Systems (NASDAQ:GCOM) on January 15th, 2013 at $12.43. In approximately 9 months, Globecomm Systems has returned 12.60% as of today's recent price of $13.99.

Globecomm Q4 revenue down 23%
M2 - Mon Sep 16, 6:10AM CDT
Globecomm Systems Inc. (NASDAQ: GCOM) said its consolidated revenue for the company's fiscal 2013 fourth quarter was USD80.6m as compared to USD104.8m in the same period last year, a decrease of 23.1%.

Globecomm Reports Fiscal 2013 Fourth Quarter and Full Year Financial Results
Business Wire - Fri Sep 13, 3:30PM CDT
Globecomm Systems Inc. (NASDAQ:GCOM), a leading communications solutions provider, today announced financial results for the fiscal 2013 fourth quarter and fiscal year ended June 30, 2013. Globecomm is reporting its financial results on a generally accepted accounting principles (GAAP) basis as well as adjusted EBITDA and adjusted diluted net income per common share, both non-GAAP financial measures, for which the Company provides detailed reconciliations in the attached tables. The following are highlights:

SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Globecomm Systems Inc.
Business Wire - Wed Sep 11, 11:35AM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Globecomm Systems Inc. ("Globecomm" or the "Company") (Nasdaq: GCOM) relating to the proposed acquisition by an affiliate of Wasserstein & Co. ("Wasserstein").

INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Sale of Globecomm Systems Inc. to an affiliate of Wasserstein & Co.-- GCOM
PR Newswire - Thu Aug 29, 6:21AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Globecomm Systems Inc. (NasdaqGS: GCOM) ("Globecomm") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of Wasserstein & Co.

Zamansky LLC Announces Its Investigation of NSB Advisors Inc., the Fishkill, NY-Based Investment Advisor
PRWeb - Wed Aug 28, 1:55PM CDT
Zamansky LLC announces that it is investigating NSB Advisors, LLC ("NSB Advisors"), a registered investment advisor firm located in Fishkill, New York. The investigation concerns allegations of unsuitable investments, over-concentration, excessive margin use and breach of fiduciary duty in NSB Advisors' managed accounts.

Rigrodsky & Long, P.A. Announces Investigation Of Globecomm Systems Inc. Buyout
Business Wire - Tue Aug 27, 5:10PM CDT
Rigrodsky & Long, P.A.:

SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Globecomm Systems Inc. - GCOM
PR Newswire - Tue Aug 27, 4:51PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Globecomm Systems, Inc. ("Globecomm" or the "Company") (Nasdaq: GCOM) relating to the proposed acquisition by an affiliate of Wasserstein & Co. ("Wasserstein").

GLOBECOMM SYSTEMS INVESTOR ALERT: Levi & Korsinsky Investigates Possible Breaches of Fiduciary Duty by Board of Globecomm Systems Inc. Regarding Sale of Company to Affiliate of Wasserstein & Co.
PR Newswire - Tue Aug 27, 1:52PM CDT
Levi & Korsinsky is investigating the Board of Directors of Globecomm Systems Inc. ("Globecomm" or the "Company") (NasdaqGS: GCOM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of Wasserstein & Co.

Law Offices of Howard G. Smith Announces Investigation of Globecomm Systems, Inc.
Business Wire - Tue Aug 27, 11:46AM CDT
Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Globecomm Systems, Inc. ("Globecomm" or the "Company") (NASDAQ:GCOM) related to the proposed acquisition of the Company by investment firm Wasserstein & Co. The transaction is valued at approximately $340 million, or $14.15 per share.

Attention GCOM Shareholders: The Proposed Buyout of Globecomm Systems Inc by an Affiliate of Wasserstein & Co under Investigation by The Young Law Firm
Business Wire - Tue Aug 27, 10:45AM CDT
The Young Law Firm, a leading national shareholder litigation firm, is investigating possible claims concerning the proposed acquisition of Globecomm Systems Inc by an affiliate of Wasserstein & Co. The investigation concerns whether the directors of Globecomm have obtained fair value for the sale of the Company and have fulfilled their fiduciary duties to the Company's shareholders in connection with the proposed sale.

Harwood Feffer LLP Announces Investigation of Globecomm Systems Inc.
PR Newswire - Tue Aug 27, 10:14AM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Globecomm Systems Inc. ("Globecomm" or the "Company") (NASDAQ: GCOM) concerning the proposed acquisition of the Company by an affiliate of Wasserstein & Co. ("Wasserstein").

Ryan & Maniskas, LLP Announces Investigation of Globecomm Systems Inc.
PR Newswire - Tue Aug 27, 9:47AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Globecomm Systems Inc. ("Globecomm" or the "Company") (NASDAQ: GCOM) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to an affiliate of Wasserstein & Co. in a transaction valued at approximately $340 million.

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