Tag: NASDAQ:CMLS

  • Broadcasting Radio Stocks: Sirius XM Holdings Inc. (NASDAQ:SIRI), Pandora Media (NYSE:P), Netflix, Inc. (NASDAQ:NFLX), Cumulus Media (NASDAQ:CMLS)

    Sirius XM Holdings Inc. (NASDAQ:SIRI), the Official Satellite Radio Partner of NASCAR, will offer listeners comprehensive coverage of the 56(th) running of the Daytona 500, with the live race broadcast, multiple channels carrying in-car audio from some of the sport’s top drivers, and daily coverage from Daytona International Speedway on SiriusXM NASCAR Radio (channel 90). Sirius XM Holdings Inc. (NASDAQ:SIRI) stock opened at $3.56 in last trading session, and closed at $3.58, trading in the range of $3.55 – $3.58. The stock showed a positive weekly performance of 2.58%.

    Stock analysts at Singular Research lifted their price target on shares of Pandora Media (NYSE:P) from $13.00 to $17.00 in a report issued on Monday, Analyst Ratings.Net reports. The firm currently has a “sell” rating on the stock. Singular Research’s price objective suggests a potential downside of 50.50% from the company’s current price. Pandora Media Inc (NYSE:P) shares closed at $37.97 on last trade day, by gaining 5.06%. Stock 52 week range is $11.48 – $38.21. Company’s market capitalization is $7.50 billion.

    Netflix, Inc. (NASDAQ:NFLX) subscribers have seen a lot more spinning wheels lately as they wait for videos to load, thanks to a standoff deep in the Internet. The online-video service has been at odds with Verizon Communications Inc. and other broadband providers for months over how much Netflix streaming content they will carry without being paid additional fees. Netflix, Inc. (NASDAQ:NFLX) stock advanced 0.31% and finished the last session at $436.85. The EPS of the stock remained 1.84. Company’s market capitalization is $26.13 billion.

    Cumulus Media Inc (NASDAQ:CMLS) announced certain operating results for the three months and year ended December 31, 2013. The Company also filed with the Securities and Exchange Commission on a Current Report on Form 8-K/A, unaudited pro forma condensed combined financial statements as of and for the nine months ended September 30, 2013 and for the year ended December 31, 2012 to reflect the financial impact of its December 12, 2013 acquisition of WestwoodOne, Inc. (the “WestwoodOne Acquisition”) and the November 14, 2013: (i) sale to Townsquare Media, LLC (“Townsquare”) of 53 radio stations in 12 small and mid-sized markets; and (ii) swap of 15 radio stations in two small and mid-sized markets with Townsquare in exchange for five radio stations in Fresno, California (together, the “2013 Townsquare Transaction”). Cumulus Media Inc (NASDAQ:CMLS) stock opened at $6.91 in last trading session and closed at $7.33. The 52 week range of the stock is $2.90 – $8.19 and the day range was $6.73 – $7.43.