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Stock Market & Financial Investment News

News Breaks
October 3, 2012
06:09 EDTSIRI, LINTAFCC appears ready to evaluate Liberty's takeover of SIRI, WSJ reports
The FCC has called for public comment on Liberty Media Corp.'s (LINTA) application for approval to take control of Sirius XM Radio (SIRI), a signal that the agency is moving forward to evaluate the application, reports the Wall Street Journal. Reference Link
News For SIRI;LINTA From The Last 14 Days
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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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