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Stock Market & Financial Investment News

News For LINTA;SIRI From The Last 14 Days
Check below for free stories on LINTA;SIRI the last two weeks.
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August 28, 2014
07:07 EDTSIRISirius XM Q3 results poised to beat expectations, says Piper Jaffray
Piper Jaffray expects Sirius XM to benefit from strong August auto sales and a higher percentage of SiriusXM-enabled used vehicles sold in August versus year-ago levels. The firm thinks the company could raise its guidance, and it reiterates a $5 price target and Overweight rating on the shares.
August 27, 2014
18:05 EDTLINTALiberty Interactive completes Liberty TripAdvisor Holdings spin-off
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August 25, 2014
16:33 EDTLINTALiberty sites when-issued trading for spin-off of Liberty TripAdvisor Holdings
Liberty Interactive (LINTA, LVNTA) announced that, in connection with its upcoming spin-off of its subsidiary Liberty TripAdvisor Holdings, it has been advised by Nasdaq that shares of TripAdvisor Holdings Series A and Series B common stock will trade on a when-issued basis on the Nasdaq Global Select Market under the symbols “LTPAV” and “LTPBV”, respectively, on August 27. The Spin-off will be effected through the distribution, by means of a dividend, of TripAdvisor Holdings common stock at 5:00 p.m., New York City time, on August 27 to holders of Liberty Ventures common stock. The record date for the dividend was 5:00 p.m., New York City time, on August 21. Liberty expects that the TripAdvisor Holdings Series A and Series B common stock will begin trading in the regular way on the Nasdaq Global Select Market under the symbols “LTRPA” and “LTRPB” beginning on August 28. The completion of the Spin-off remains subject to the satisfaction or waiver, as applicable, of a number of conditions.
09:19 EDTLINTATripAdvisor price target raised to $100 from $88 at Wunderlich
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August 18, 2014
06:13 EDTLINTALiberty Interactive added to Focus List at Citigroup
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06:10 EDTLINTALiberty Ventures downgraded to Sell from Neutral at Citigroup
Citigroup downgraded Liberty Ventures (LVNTA) to Sell on its belief the company will not receive the $350M in cash from the Trip spin and risk it acquires LDC from Liberty Interactive (LINTA). Citi raised its price target for shares to $70 from $69.

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