Tag: NASDAQ:RRD

  • Pre-market Movers: Facebook Inc (NASDAQ:FB), American Airlines Group (NASDAQ:AAL), RR Donnelley & Sons (NASDAQ:RRD), Sirius XM Holdings (NASDAQ:SIRI)

    The danger for social media giant Facebook Inc (NASDAQ:FB) is that its users may lose interest in Facebook and go on to some other social media platform. Which probably explains why Mark Zuckerberg was willing to pay $19 billion for WhatsApp? Although its stock price is nowhere near that of Google Inc (NASDAQ:GOOG) or Apple Inc. (NASDAQ:AAPL), it has done fairly well with FY2013 revenues of $7.87 billion, which was an increase of 55% over revenue for FY2012. Gross profit for FY2013 was $6 billion, an increase of 61% over the gross profit for FY2012. It has more than a billion Daily Active Users as of December 31, 2013 and 1.23 Monthly Average Users making it easily the biggest social network in the world. Facebook Inc (NASDAQ:FB) stock opened today at $64.91 and is currently trading at $64.74. The stock showed a negative weekly performance of -6.75%.

    American Airlines Group (NASDAQ:AAL) has earned an average rating of “Buy” from the twelve brokerages that are currently covering the company, American Banking News reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $39.94.American Airlines Group Inc (NASDAQ:AAL) stock opened at $36.88, in current trading session and currently is at $37.80, by gaining 2.72%.The 52 week range of $23.45-$39.88. Company’s market capitalization is $17.80 billion.

    R.R. Donnelley & Sons Company (Nasdaq:RRD) (“RR Donnelley” or the “Company”) announced that it has closed an offering of $400 million aggregate principal amount of 6.000% Notes due 2024. As previously announced, RR Donnelley intends to use the net proceeds from the offering, along with borrowings under its revolving credit facility, (1) to partially fund tender offers for up to $400 million aggregate principal amount of its debt securities, including up to $100 million of its 7.250% Notes due May 15, 2018, up to $250 million of its 8.250% Notes due March 15, 2019 and up to $50 million of its 7.625% Notes due June 15, 2020 and (2) to pay premiums in connection with those tender offers. RR Donnelley & Sons Co (NASDAQ:RRD) stock is currently trading at $18.05 .The EPS of the stock is 1.15. Company’s market capitalization is $3.57 billion.

    Calls have been the flavor of the past two weeks for Sirius XM Holdings Inc. (NASDAQ:SIRI), as the speculative crowd has been buying to open more than 25 calls for every put. The resulting 10-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) call/put ratio of 25.45 is just 2 percentage points away from an annual bullish peak. More than 6% of SIRI’s available float is currently sold short, however, meaning a portion of the recent call buying could be the result of short sellers hedging their bearish bets. Meanwhile, as shareholders digest the news of Liberty Media Corp’s (NASDAQ:LMCA) change in plans, the stock has continued to shuffle sideways. Year-to-date, the shares are down 4% at $3.35. No matter the motive, recent call buyers have at least been securing their speculative positions at a relative bargain; Schaeffer’s Volatility Index (SVI) for SIRI stands at 30%, or lower than two-thirds of similar readings taken during the last 12 months. In other words, short-term Sirius XM Holdings Inc. options are relatively inexpensive, from a volatility perspective.Sirius XM Holdings Inc. (NASDAQ:SIRI) stock opened the session at $3.27, and now is at $3.26. The 52 week range of the SIRI stock remained $2.95-$4.18 and the day range was $3.26-$3.30.