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Stock Market & Financial Investment News

News Breaks
November 18, 2012
16:58 EDTLMCA, LINTA, SIRILiberty Media increases stake in Sirius by 31M shares
This information is from a regulatory filing from Friday 11/16.
News For LMCA;LINTA;SIRI From The Last 14 Days
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September 30, 2014
07:32 EDTLINTAWells Fargo to hold a summit
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September 24, 2014
09:30 EDTLINTALiberty Interactive may be considering acquiring HSN, Inc., says Craig-Hallum
Craig-Hallum believes Liberty Interactive (LINTA) may be considering an acquisition of the balance of HSN, Inc (HSNI) it doesn't already own following recent capital structure changes. The firm believes a merger would unlock almost $200M in annual synergies and notes Liberty has already raised $200M-$250M in QVC issued bonds, raised cash inflow of $121M from the ProFlowers sale, and has slowed the pace of share repurchases.
September 23, 2014
13:09 EDTSIRIJudge rules Sirius XM infringed copyrights by playing songs recorded pre-1972
In a $100M royalty lawsuit between the rock band The Turtles and Sirius XM (SIRI), a California federal judge ruled that Sirius XM infringed copyrights and violated California state laws by broadcasting songs recorded before 1972 without paying royalties for the performance of the recording. Judge Philip Gutierrez ruled that the music industry can claim additional copyright in broadcasted songs that were recorded before 1972. The ruling can have a far reaching impact on digital radio providers who may have to cough up additional royalty fees for playing songs recorded before 1972. Pandora (P) is also a digital radio provider. Reference Link
September 16, 2014
07:27 EDTSIRIBofA/Merrill to hold a conference
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