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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 27, 2015
09:17 EDTSIRISirius XM buyback announcement positive but expected, says FBR Capital
FBR Capital said Sirius XM's announcement last night of a $2B expansion of its buyback authorization is a positive, but is also consistent with the firm's expectations. FBR adds that the timing of the announcement suggests the company have been opportunistic with its repurchases during the recent pullback in the market. The firm keeps an Outperform rating on Sirius shares.
August 26, 2015
16:16 EDTSIRISirius XM adds a further $2B to stock repurchase program
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