Friday, September 21, 2012

Stocks To Watch (SIRI, NFLX, STP, COL)

Sirius XM Radio Inc(NASDAQ:SIRI) shares fell 0.39% to $2.56 in the pre-market hour. The company announced that Juanes: Fijate Bien, SiriusXM's first artist-hosted show for bilingual listeners, will officially launch Sunday, September 23, 2012, on Caliente channel 150 and La Kueva channel 540.

Additionally, Liberty Media Corp. and its wholly-owned subsidiaries this week said that they now own 1.86 billion shares of Sirius XM’s common stock, representing around 32% of the outstanding shares, after converting around half of its preferred shares in the satellite radio company.

Will SIRI Hit $5 This Year? Find Out Here
Netflix, Inc.(NASDAQ:NFLX) shares gained 1.45% to $59.59 in the pre-market hour after Electus International announced an exclusive agreement with Netflix to make available Morgan Spurlock's comedic documentary MANSOME to watch instantly in the U.S. U.K. and Canada.

Additionally, Cantor Fitzgerald initiated coverage on shares of Netflix in a research report sent to investors yesterday. The firm issued a buy rating on the stock.

Has NFLX Bounced Back And Ready To Move Up? Get Free Trend Analysis Here

Suntech Power Holdings Co., Ltd. (ADR)(NYSE:STP) has been notified by the New York Stock Exchange that the Company did not meet the NYSE's price criteria for continued listing standard because, as of September 10, 2012, the average closing price of the Company's American Depositary Shares, or ADSs, was less than $1.00 per ADS over a consecutive 30-trading-day period.

Rockwell Collins, Inc.(NYSE:COL) stock fell 2.65% to $51 in the pre-market hour after the company announced that for fiscal 2013, it expects revenue between $4.6-$4.7 billion and earnings per share (EPS) in the range of $4.30-$4.50. Analysts were expecting the company to report revenue of $4.8 billion and EPS of $4.62 for fiscal 2013.

Additionally, Rockwell‘s stock had its “in-line” rating reiterated by equities research analysts at Imperial Capital in a research note issued to investors on Sept. 19.

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