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Stock Market & Financial Investment News

News Breaks
January 6, 2014
07:44 EDTLMCA, SIRILibery offer for Sirius XM could be raised, says FBR Capital
FBR Capital believes Liberty Media's (LMCA) exchange offer for Sirius XM (SIRI), equating to a 3% premium to Friday's close, looks low and could be raised. FBR expects Sirius' board to push for a higher offer and notes that its price target for shares is $5.50.
News For SIRI;LMCA From The Last 14 Days
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August 4, 2015
10:01 EDTLMCAOn The Fly: Analyst Upgrade Summary
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06:51 EDTLMCA, SIRILiberty Media upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Liberty Media (LMCA) to Buy saying the discount to net asset value has widened to 17%. Accretion from the company's ownership in Sirius XM (SIRI) as the satellite radio provider buys back shares will eliminate the NAV discount over time, Deutsche tells investors. It raised its price target for shares to $46.
July 29, 2015
10:00 EDTSIRIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: 3D Systems (DDD) upgraded to Neutral from Underperform at Longbow... AK Steel (AKS) upgraded to Outperform from Neutral at Macquarie... Ally Financial (ALLY) upgraded to Outperform from Neutral at Credit Suisse... Amazon.com (AMZN) upgraded to Buy from Hold at Stifel... Arrow Electronics (ARW) upgraded to Buy from Underperform at CLSA... Beacon Roofing (BECN) upgraded to Buy from Neutral at CL King... Citrix (CTXS) upgraded to Outperform at Baird... Commvault (CVLT) upgraded to Buy from Hold at Jefferies... FireEye (FEYE) upgraded on positive checks, business mdoel changes at Oppenheimer... Hibbett Sports (HIBB) upgraded to Neutral from Underperform at Sterne Agee CRT... Integra LifeSciences (IART) upgraded to Outperform at Raymond James... M/A-COM (MTSI) upgraded to Buy from Hold at Needham... Norsk Hydro (NHYDY) upgraded to Neutral from Underperform at Exane BNP Paribas... NuVasive (NUVA) upgraded to Outperform from Market Perform at Northland... SM Energy (SM) upgraded to Outperform from Market Perform at Raymond James... Scorpio Bulkers (SALT) upgraded to Buy from Hold at Deutsche Bank... Sirius XM (SIRI) upgraded to Buy from Hold at Wunderlich... Sprouts Farmers Markets (SFM) upgraded to Neutral from Underperform at Longbow... Supervalu (SVU) upgraded to Equal Weight from Underweight at Morgan Stanley... Waters (WAT) upgraded to Outperform from Market Perform at Wells Fargo... Wells Fargo (WFC) upgraded to Buy from Neutral at Guggenheim... Williams-Sonoma (WSM) upgraded to Overweight from Neutral at JPMorgan... YRC Worldwide (YRCW) upgraded to Strong Buy at Raymond James.
07:27 EDTSIRISirius XM upgraded to Buy from Hold at Wunderlich
Wunderlich analyst Matthew Harrigan upgraded Sirius XM Holdings to Buy with a $4.60 price target following the company's Q2 results.
July 28, 2015
07:11 EDTSIRISirius XM sees FY15 net self-pay subscriber additions of 1.6M
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07:10 EDTSIRISirius XM sees FY15 revenue $4.5B, consensus $4.49B
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07:10 EDTSIRISirius XM reports Q2 churn rate of 1.6%
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07:09 EDTSIRISirius XM reports Q2 self-pay net additions up 37% to 519K
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07:09 EDTSIRISirius XM reports Q2 adjusted EPS 3c, consensus 3c
Reports Q2 revenue $1.12B, consensus $1.12B

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