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Stock Market & Financial Investment News

News Breaks
March 14, 2014
09:16 EDTLMCA, SIRINew structure 'good news' for Liberty shares, says Deutsche Bank
Deutsche Bank believes Liberty Media's (LMCA) shift to a dual tracking stock structure while ending its pursuit of buying Sirius XM (SIRI) is "good news" for Liberty Media shares. Deutsche notes that should Liberty revert to its prior 5% discount to asset value, the stock would be at $143. The firm has a Buy rating on the name with a $164 price target.
News For LMCA;SIRI From The Last 14 Days
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September 16, 2014
07:27 EDTSIRIBofA/Merrill to hold a conference
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September 11, 2014
15:45 EDTSIRIPandora management getting savvier on content costs, says Maxim
Maxim said Pandora's (P) new multi-year rights agreement with BMG supports its view that management is getting more savvy on managing content costs. The firm also thinks the tone of Apple (AAPL) at its launch event suggests its service has yet to gain traction as a competitor to Pandora and that comments from Sirius XM's (SIRI) CFO indicate Pandora is gaining traction in car integration. The firm maintains it Buy rating and $35 price target on Pandora.
13:05 EDTLMCA, SIRILiberty Media CEO says eyeing more deals, sees cable consolidation 'inevitable'
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September 9, 2014
16:19 EDTSIRISirius XM sees FY14 adjusted EBITDA of approximately $1.425B
Sees FY14 revenue approximately $4.1B, consensus $4.14B. Sees free cash flow of approximately $1.1B.
16:17 EDTSIRISirius XM sees net self-pay subscriber additions of approximately 1.25M in FY14
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10:12 EDTSIRISirius XM management to meet with Piper Jaffray
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September 5, 2014
21:38 EDTSIRISirius XM management to meet with Piper Jaffray
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September 4, 2014
05:45 EDTSIRISirius XM well positioned to beat Q3 estimates, says Piper Jaffray
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