SiriusXM Holdings Inc. (NASDAQ:SIRI) announced that its subsidiary, Sirius XM Radio Inc., priced an offering of $1.5 billion of Senior Notes due 2024. The notes are to be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S of the Securities Act. The notes will bear interest at an annual rate of 6.00%. The price to investors will be 100% of the principal amount of the notes. The company will receive gross proceeds of $1.5 billion from the sale of the notes before deducting the initial purchasers’ commissions and estimated offering fees and expenses. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares after opening at $3.21 moved to $3.26 on last trade day and at the end of the day closed at $3.23 . Company price to sales ratio in past twelve months was calculated as 5.16 and price to cash ratio as 145.40. Sirius XM Holdings Inc. (NASDAQ:SIRI) showed a positive weekly performance of 3.69%.
Facebook Inc (NASDAQ:FB) has promoted VP of product Chris Cox to chief product officer. Cox is known for helping invent the News Feed and pushed for Facebook’s “Social By Design” strategy. The promotion will not cause any organizational changes, but it ensures that Cox will be a leader along with COO Sheryl Sandberg. Facebook CEO Mark Zuckerberg made the official announcement this afternoon. Cox is also known for giving an on-stage demo of the Facebook Timeline feature at the Facebook f8 conference in 2011. Facebook Inc (NASDAQ:FB) shares fell -1.13 % in last trading session and ended the day on $60.46. FB return on equity ratio is recorded as 13.30% and its return on assets is 11.30%. Facebook Inc (NASDAQ:FB) yearly performance is 108.70%.
Microsoft Corporation (NASDAQ:MSFT) is opening a state-of-the-art training facility in Miami, its first within the United States, the company announced Friday. The tech giant already has some 100 innovation centers in 80 countries worldwide in countries like Uganda and Greece. These centers aim to help governments, academic institutions, community leaders and startups better use technology to innovate and develop more collaborative learning — with the goal of spurring economic development. Along the way, of course, the company is cultivating a new generation of Microsoft loyalists. Microsoft Corporation (NASDAQ:MSFT) shares moved down -0.78 % in last trading session and was closed at $ 9.69 while trading in range of $39.66 – $40.34 – Microsoft Corporation (NASDAQ:MSFT) year to date (YTD) performance is 6.89%.
Pfizer Inc. (NYSE:PFE) presented results from three pivotal studies of investigational agent ALO-02 (oxycodone hydrochloride and naltrexone hydrochloride extended-release capsules). One of the studies demonstrates a statistically significant difference in pain scores in patients with moderate-to-severe chronic low back pain receiving ALO-02 versus placebo. The other studies demonstrate lower abuse potential of ALO-02 in recreational opioid users by oral and intranasal routes when compared to immediate-release oxycodone. Data from these three studies were presented at the 33rd Annual Meeting of the American Pain Society (APS) in Tampa, Florida. Pfizer Inc. (NYSE:PFE) on last trading day company shares ended up $30.75. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average (SMA50) is -2.60%. Analysts mean target price for the company is $34.09.
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