The No. 2 U.S. wireless carrier by subscribers said late Sunday it is acquiring DirecTV (NASDAQ:DTV) for $95 a share in cash and stock, or $67.1 billion, including net debt. The combined company would control 26 million U.S. pay-TV subscribers, making it a close second player to Comcast and Time Warner Cable should the two get regulatory approval to combine. DIRECTV (NASDAQ:DTV) net profit margin is 8.50% and weekly performance is -3.59%. On last trading day company shares ended up $82.99. Analysts mean target price for the company is $84.74. DIRECTV (NASDAQ:DTV) distance from 50-day simple moving average (SMA50) is 5.54%.
TheStreet Ratings team reiterates its “hold” rating on Sirius XM (NASDAQ:SIRI) with a ratings score of C+. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares advanced 0.48% in last trading session and ended the day on $3.17. SIRI gross Margin is 62.70% and its return on assets is 5.30%.Sirius XM Holdings Inc. (NASDAQ:SIRI) quarterly performance is -11.20%.
Lowe’s Companies, Inc. (NYSE:LOW) announced that Michael A. Tummillo has been promoted to senior vice president and general merchandising manager-building and maintenance, replacing Michael P. McDermott, who was recently named chief merchandising officer. Tummillo is responsible for the Lumber & Building Materials, Millwork, Tools & Hardware and Rough Plumbing & Electrical divisions. He reports to McDermott. Lowe’s Companies, Inc. (NYSE:LOW) shares moved down -0.07% in last trading session and was closed at $45.52, while trading in range of $45.25 – $46.29. Lowe’s Companies, Inc. (NYSE:LOW) year to date (YTD) performance is -7.44%.
Best Buy Co (NYSE:BBY) is scheduled to release its Q115 earnings data on Thursday, May 22nd. Analysts expect Best Buy Co to post earnings of $0.20 per share and revenue of $9.20 billion for the quarter. Best Buy Co Inc. (NYSE:BBY) ended the last trading day at $24.66. Company weekly volatility is calculated as 3.13% and price to cash ratio as 2.96.Best Buy Co Inc. (NYSE:BBY) showed a negative weekly performance of -5.34%.
LIGHTSTREAM RES (OTCMKTS:LSTMF) shares moved down -2.67% in last trading session and was closed at $6.57, while trading in range of $6.51 – $6.75.
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