Liberty Media is the major stake holder of Sirius XM Holdings Inc. (NASDAQ:SIRI), now owns 53% of Sirius shares. Recently, Liberty Media cancelled the offer to take the complete ownership by buying the entire shares of Sirius XM. These activities raise the share prices of Sirius XM to an extent. It may be a nice investment for Liberty while considering Sirius XM market position with large subscriber base and growth potential. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares after opening at $3.27 moved to $3.30 on last trade day and at the end of the day closed at $3.17. Company price to sales ratio in past twelve months was calculated as 5.10 and price to cash ratio as 143.75. Sirius XM Holdings Inc. (NASDAQ:SIRI) showed a negative weekly performance of -6.49%.
San Jose based US IT giant Cisco Systems, Inc. (NASDAQ:CSCO) recently unveiled an ambitious plan to erect world’s largest global Intercloud in association with several other well reputed partners. The global Intercloud, being architected by the company is aimed to achieve the Internet of Everything (IoT) goal. The system comes with a distributed network and its security architecture has been developed for high-value application workloads. Other important features of the network are real-time analytics, “nearly unlimited” scalability and being fully compliant to data sovereignty regulations in several regions. Cisco Systems, Inc. (NASDAQ:CSCO) shares advanced 3.57% in last trading session and ended the day on $22.34. CSCO return on equity ratio is recorded as 14.20% and its return on assets is 8.20%. Cisco Systems, Inc. (NASDAQ:CSCO) yearly performance is 10.43%.
Micron Technology, Inc. (NASDAQ:MU) is a US based semiconductor device manufacturer. The company is one of the world’s leading providers of memory technology. In terms of market share Micron is at fifth place globally with a market share of 3.7% in year 2012 Micron was at tenth place globally, this increase can be majorly attributed to growth of global memory market. Around 90% of company’s total revenue is attributed to DRAM and NAND memory devices. Around 50% of company’s revenue comes from DRAM segment. DRAM is short-term memory device used in computers. With a decrease in sales of personal computers DRAM industry was under stress but with advent of smartphones and tablets DRAM industry is growing again. Micron is second largest player in DRAM industry after Samsung with market share of around 14% while market share of Samsung is around 18.2%. Micron Technology, Inc. (NASDAQ:MU) shares moved up 0.21% in last trading session and was closed at $23.53, while trading in range of $23.42-$23.92. Micron Technology, Inc. (NASDAQ:MU) year to date performance is 8.18%.
BlackBerry Ltd (NASDAQ:BBRY) Chief executive officer John Chen has done all that could have been done to ensure the company survives in the market, amidst increased uncertainties and concerns that nearly put the company out of Business. The turnaround has worked and BlackBerry is slowly getting its way back into the market amidst increased competition from big industry players like Apple Inc. (NASDAQ:AAPL) And Samsung Electronics. Since taking command at the helm, Chen has impressively worked out to jumpstart the company’s transition from a primary seller of smartphones to a specialized software and service enterprise. BlackBerry Ltd (NASDAQ:BBRY) weekly performance is 1.74%. On last trading day company shares ended up $9.36. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average is -2.30%. Analysts mean target price for the company is $10.90.
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