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Sirius XM Holdings Inc. stock price
Sirius XM Holdings Inc. latest news:
BRIEF-SiriusXM says 2017 NFL season airs nationwide on SiriusXM
Sirius XM Holdings Inc(SIRI): * Sirius XM Holdings Inc(SIRI) says 2017 NFL season airs nationwide on SiriusXM Source text for Eikon: Further company coverage:
BRIEF-SiriusXM launches two new music channels
* Sirius XM Holdings Inc- Announced launch of two full-time
music channels, Turbo and Poprocks
Source text for Eikon:
Further company coverage:
Berkshire Hathaway drops GE, starts Synchrony position
Warren Buffett's Berkshire Hathaway Inc. dropped its position in General Electric Co. and trimmed other positions, according to a Securities and Exchange Commission filing late Monday. Berkshire liquidated its position in GE, while trimming positions in International Business Machines Inc. , Costco Wholesale Corp. and Sirius XM Holdings Inc. . GE shares were off 0.3% after hours. Berkshire added a position of 17.5 million shares of Synchrony Financial , and shares were up 3.9% at $30.70 after hours.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
United Therapeutics Corp. stock surges 9% on report of possible bids for company
United Therapeutics Corp. shares surged 8.7% premarket on Friday after a news report suggested that major pharmaceutical companies were weighing a bid for it. The Evening Standard report said that Gilead Sciences Inc. is considered the frontrunner, while GlaxoSmithKline PLC and Novartis AG are also possible contenders. Glaxo and United Therapeutics declined to comment to the Evening Standard. United Therapeutic, which was founded by Martine Rothblatt, a co-founder of Sirius XM , currently has five products on the market, four of which treat pulmonary arterial hypertension; the fifth is intended for pediatric cancer patients. United Therapeutics shares have dropped 11.5% year-to-date, compared with a 10.4% rise in the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Pandora Media jumps 6% after earnings
Pandora Media Inc. reported a large quarterly loss Monday, mostly due to one-time charges for the divestment of its Ticketfly ticketing service, but beat earnings expectations on an adjusted basis, and shares moved higher in late trading. The online-music company reported a net loss of $275.1 million, or $1.20 a share, on revenue of $376.8 million, with sales gaining nearly 10% from the year-earlier quarter. After adjusting to strip out the one-time Ticketfly charges and other costs, Pandora claimed a loss of 21 cents a share, after posting a loss of 12 cents a share in the same quarter a year ago. Analysts on average expected Pandora to report an adjusted loss of 24 cents a share on sales of $368 million. This is the first report since Pandora took a $480 million investment from Liberty Media Corp.'s Sirius XM Holdings Inc. , a transaction that included the Ticketfly divestment, and bid goodbye to Chief Executive Tim Westergren. Pandora stock fell 5.3% to $8.95 in Monday's regular trading session, then jumped more than 6% to top $9.50 in immediate after-hours action following the report.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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