Hot Runners: Sirius XM Holdings Inc. (NASDAQ:SIRI), Pandora Media Inc. (NYSE:P), Netflix (NASDAQ:NFLX), Cisco Systems (NASDAQ:CSCO), Oracle Corporation (NYSE:ORCL)


The largest satellite radio company in the U.S. SIRIUS XM Holdings Inc. (NASDAQ:SIRI) has reached an agreement with Ford Motor Co. to provide Ford customers a five-year subscription to SiriusXM Traffic and SiriusXM Travel Link. These services will be available on all Ford vehicles, starting with 2015 models that are equipped with navigation facility. Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) closed at $3.39 in last trading session. Yesterday share price of the company was traded in the range of $3.38 – $3.48. Company now has a market value of $20.88 billion. Sirius XM Holdings Inc. (NASDAQ:SIRI) price to sales ratio in past twelve months was calculated as 5.25 and price to cash ratio as 168.77.

Equities research analysts at Morgan Stanley initiated coverage on shares of Pandora Media (NYSE:P) in a research note issued to investors on Wednesday. Pandora Media Inc. (NYSE:P) stock traded in the range of $26.85 – $27.78 and at the end of the day, it closed at $27.25. Average trading volume of the company is 10.89 million. Pandora Media Inc. (NYSE:P) return on equity ratio is recorded as -16.50% and its return on assets is -11.80%.

Netflix Inc. (NASDAQ:NFLX) and German telecommunications company Deutsche Telekom are in advanced talks about a marketing collaboration as the Los Gatos company looks to move into the country that holds the largest number of broadband households in Europe, according to Reuters. Netflix, Inc. (NASDAQ:NFLX) after opening at $441.20 moved lower-0.27% to $440.18 on last trading day. Company’s 52 week range is $207.56 – $458.00.

Cisco Systems Inc. (NASDAQ:CSCO) SVP Charles Robbins sold 27,858 shares of the company’s stock on the open market in a transaction dated Monday, June 16th. The stock was sold at an average price of $24.51, for a total value of $682,799.58. Following the transaction, the senior vice president now directly owns 530,297 shares of the company’s stock, valued at approximately $12,997,579. Cisco Systems, Inc. (NASDAQ:CSCO) stock hit highest price at $24.90, beginning with a price of $24.63 and increased 0.49% to the close at $$24.83 with day range of $24.61 – $24.90. The total market capitalization of the stock is $127.03 billion.

For its latest fourth quarter, Oracle Corporation (NYSE:ORCL) said overall revenue rose 3pc to $11.3 billion. That was less than the $11.48bn analysts had expected on average, according to Thomson Reuters I/B/E/S. Net income fell 4pc to $3.6bn. Earnings per share were unchanged at 80 cents. Oracle Corporation (NYSE:ORCL) stock hit highest price at $40.94, beginning with a price of $40.26 and decreased -3.98% to the close at $40.82 with day range of $39.93 – $40.94. The total market capitalization of the stock is $189.65 billion.


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