Earlier last month, Sirius XM Holdings Inc’ majority owner Liberty Media Corp. (LMCA), which is controlled by media mogul John Malone, offered to buy around 48% of Sirius XM Holdings Inc. (SIRI) it does not already own in a deal that could be worth more than $10 billion. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock performance was -1.11% in last session and finished the day at $3.55. Traded volume was 89.11million shares in the last session and the average volume of the stock remained 65.25million shares. The beta of the stock remained 2.02. Sirius XM Holdings Inc. (NASDAQ:SIRI) insider ownership is 25.90%.
Though retailer J. C. Penney Company, Inc. (NYSE:JCP) has undergone multiple management changes and significant volatility in the price of its equity and debt over the last few years, the company nonetheless retains some of the qualities of the classic “fallen angel,” according to Fran Rodilosso, fixed income portfolio manager at Market Vectors ETFs. J.C. Penney Company, Inc. (NYSE:JCP) rose 0.12 percent to $8.30 yesterday on volume of 25.77million shares. The intra-day range of the J.C. Penney Company, Inc. (NYSE:JCP) stock was $8.12 to $8.52. J.C. Penney Company, Inc. (NYSE:JCP) has a market capitalization of $2.53million.
E-Commerce China Dangdang Inc. (ADR) (NYSE:DANG), a leading business-to-consumer e-commerce company in China, today announced that Mr. Jun Zou, the chief financial officer of the Company, has tendered his resignation for personal reasons. His resignation will be effective on April 10, 2014. E Commerce China Dangdang Inc (ADR) (NYSE:DANG)’s stock on Mar 05, 2014 reported a increase of 4.32% to the closing price of $17.85. Its fifty two weeks range is $3.70 -$19.05. The total market capitalization recorded $1.44billion. The overall volume in the last trading session was 18.15million shares. In its share capital, has 80.32million outstanding shares.
The recent merger of Comcast Corp (NASDAQ:CMCSA)/Time Warner Cable Inc. has some drawn attention in this regard, since the $45 billion fusion could be challenged under an anti-trust case through ‘monopsony’. On Wednesday, shares of Comcast Corporation (NASDAQ:CMCSA) advanced 1.03% to close the day at $51.89. Company return on investment (ROI) is 9.70% and its monthly performance is recorded as -1.67%. Comcast Corporation (NASDAQ:CMCSA) quarterly revenue growth is 5.64%.