CBS Celebrates Beatles and Enjoys a Good Run on the Stock Market along with Netflix, Pandora and Sirius XM Holdings

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A court trial is all set to take place on Tuesday between the American Society of Composers and Pandora Media Inc (NYSE:P); the lawsuit is about the sum of money that needs to be paid by Pandora to get the right to use American Society’s compositions for couple of more years. Shares of Pandora Media Inc (NYSE:P) kicked off the day’s session at a value of $35.34 and closed at $34.62; the stock went up as high as $35.70. On the last trading day the stock’s shares volume was 9.20 million.

Streaming has never been better for Netflix, Inc. (NASDAQ:NFLX) whose fourth quarter results were extremely satisfactory; the company welcomed new 2.33 million subscribers for domestic streaming. This great figure is an improvement by 14% as compared to the same quarter of last year. The first quarter of 2014 also promises to be smashing for the company as it predicts to get 2.25 million more subscribers. This great results were reflected in the company’s stock value; shares of Netflix, Inc. (NASDAQ:NFLX) kicked off the trading session at $329.50 and went up as high as $334.44; the shares closed at $333.73. NFLX’s performance over the week was -1.25%.

50 years ago the Beatles appeared on their first television show in the United States and to celebrate its 50th anniversary, CBS Corporation (NYSE:CBS) News Live Experiences is going to air a huge multimedia event titled “50 YEARS: THE BEATLES”. The show will happen on the 9th of February; its venue will be the Ed Sullivan Theater, which is the venue of their first ever show as well. The

CBS Corporation
CBS Corporation

(NYSE:CBS)’s Senior Correspond for business, Anthony Mason will be the show’s anchor. On the stock exchange front, shares of CBS Corporation (NYSE:CBS) went up by 1.79% on the 22nd of January and ended at $60.77. The stock’s range over 52 weeks was between $40.40 and $64.06. The average volume share held by the stock on the last day of trading was 4.25 million whereas the stock’s share capital has outstanding shares of 600.13 million.

The 4th of February, Tuesday will be an important day for Sirius XM Holdings Inc. (NASDAQ:SIRI) as the company will reveal its operating and financial results for 2013’s annual and fourth quarter. Shares of XM Holdings Inc. (NASDAQ:SIRI) has a closing value of $1.90 yesterday. Institutional ownership of the stock is 26.70% whereas its insider ownership is 0.10%. In its share capital Sirius XM Holdings Inc. (NASDAQ:SIRI)’s share capital has outstanding shares of 6.18 billion out of which 2.79 billion are being floated in the market.

 

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