Services sector Most Active: SIRIUS XM Radio (NASDAQ:SIRI), eBay Inc (NASDAQ:EBAY), MGM Resorts (NYSE:MGM), J. C. Penney (NYSE:JCP)

SIRIUS XM Radio Inc (NASDAQ:SIRI) announced that the Special Committee of its Board of Directors has retained Evercore Group L.L.C. to act as its financial advisor and Weil, Gotshal & Manges LLP to act as its legal counsel to assist and advise the Special Committee in connection with its evaluation of Liberty Media Corporation’s proposal to acquire all of the outstanding shares of common stock of SiriusXM not owned by Liberty Media. SIRIUS XM Radio Inc (NASDAQ:SIRI) stock opened at $3.70 in last session, and closed at $3.64, while the day range of stock is $3.62-$3.70. The stock showed a negative weekly performance of -0.82%.

eBay Inc (NASDAQ:EBAY) is fighting the proposal by activist investor Carl Icahn to spin off PayPal because it views the payments service as crucial to long-term growth prospects of the e-commerce company. eBay Inc (NASDAQ:EBAY) stock opened at $54.42, in last session and closed at $54.37, by gaining 1.04%. The 52 week range of the stock is $48.06 – $58.04.

MGM Resorts International (NYSE:MGM) adjusted earnings of $0.02 per share in third-quarter 2013 comprehensively beat the Zacks Consensus Estimate of a loss of $0.03 as well as the prior-year quarter loss of $0.23 per share. We remain enthusiastic about MGM Resorts’ return to profitability in the first quarter. MGM’s revenues also beat the Zacks Consensus Estimate and grew year over year. MGM Resorts International (NYSE:MGM) stock decreased -5.56% and finished the last session at $23.78. The EPS of the stock remained -2.74. Company’s market capitalization is $11.65 billion.

A shopping staple in Rice Lake will close up shop in the coming months. J. C. Penney Company, Inc. (NYSE:JCP) is part of the Cedar Mall now, but some version of the national retailer has been in town for 97 years. J. C. Penney Company, Inc. (NYSE:JCP) stock opened the session at $6.77, and closed the session at $6.70. The 52 week range of the stock remained $6.24 – $23.10 and the day range was $6.60 – $6.79.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *