Sirius XM Holdings Inc
Farallon Capital adds a new position in Covidien
Ireland-based Covidien is a global healthcare leader that offers innovative medical technology solutions and patient care products to providers.
Blue Ridge Capital exits stake in Citigroup
Citigroup posted a $3.4 billion net income, up by 8% with revenues of $19.6 billion, and the net interest margin increased to 2.91% for 3Q14.
Pandora Media hikes subscription rates because of increasing costs
The Pandora One service has 3.3 million subscribers and includes advertisement-free access, better audio quality, and reduced timeouts, and offers listeners with additional skips.
Blue Ridge Capital increases holding in SiriusXM
The third quarter of 2014 was by far the best for SiriusXM in terms of market penetration as well as increasing revenues.
Farallon Capital exits its position in Time Warner Cable
In February, Comcast agreed to buy Time Warner Cable for ~$45.2 billion. This deal will create the largest cable provider in the U.S.
Why did JANA Partners boost its position in General Motors?
JANA Partners enhanced its position in from 0.17% to 4.23% last quarter General Motors.
Why does QEP Resources face activist pressure from JANA?
In the last quarter, JANA Partners increased its position in QEP Resources to 5.34% from 2.80%.
Farallon Capital raises its position in Safeway
On March 6, 2014, grocery store operators Safeway and Albertsons announced a merger agreement valued at approximately $9 billion.
Why Magnetar Financial initiates new position in Rowan Companies
First quarter results beat estimates despite a decline in earnings and revenue.
Why Magnetar Financial disposes position in EQT
The company missed on 4Q13 earnings and revenue back in February.
Farallon Capital establishes a new position in Hillshire Brands
Hillshire reported fiscal 4Q14 net sales of $1.1 billion, up 10.7% in comparison to the corresponding period last year.
Outlook for Sirius XM in 2015
On October 22, 2015, Sirius XM (SIRI) announced its 3Q15 earnings. The company had total paid subscribers at an all-time high of 29 million in 3Q15.
Measuring Pandora Media’s market performance versus its peers
Pandora’s valuations are considered lofty at a 175.4x forward price to earnings ratio considering the company has struggled to earn profits.
How Disney Plans to Stem Its Disney+ Revenue Leak
Disney (DIS) plans to introduce a bundled video package that includes Hulu, ESPN+, and Disney+. DIS plans to address password sharing on these services.
Pandora Was the Second-Highest Grossing App in the US Last Month
Sirius XM’s (SIRI) Pandora had a good year. SensorTower reports Pandora was the second-highest-grossing non-game app in the US in May, trailing dating app Tinder.
Good News for Apple’s US Music Business
The streaming music market in the US continues to grow, which is good news for providers such as Apple (AAPL).
What Is Propelling Apple’s Music Business?
Apple (AAPL) recently overtook Spotify (SPOT) as the top streaming music provider in terms of premium subscribers in the United States.
How Profitable Is Apple’s Service Business?
There is a lot of investor attention focused on Apple’s (AAPL) service business.
How Spotify Aims to Compete in Podcast Market
Spotify (SPOT) wants to focus more of its attention this year on developing its podcast business.
How Spotify Is Preparing for India Launch
Spotify (SPOT) is preparing to launch in India by the end of January.
Spotify Steps Up Efforts to Monetize Free Listeners
Spotify (SPOT) has started testing a new type of ad format that allows brands to sponsor its Discover Weekly playlist.
Pandora Media’s Key Metrics in 3Q15
Pandora Media tracks RPM for revenues from its ad-based and subscription service to gauge the company’s monetization of listening hours.
Refinancing surges as high yield debt picks up
February saw high yield, or junk bond, activity pick up. Investors turned to high yield debt for higher yields. Most deals were to refinance older debt.
Blue Ridge Capital lowers stake in Walgreen
In 2013, Walgreen opened the nation’s first net zero energy store and is targeting energy production equal to or greater than its energy consumption.
Why JANA Partners exits position in Juniper Networks
JANA Partners disposed of a position in Juniper Networks (JNPR) that accounted for 2.65% of the fund’s 1Q14 portfolio. Juniper Networks sells high-performance network products and service offerings across routing, switching, and security to service provider and enterprise markets.
Why Magnetar Financial exits position in EOG Resources
EOG’s 1Q14 profit was up 34% to $661 million, or $1.21 per share, up from $495 million, or $0.91 per share in the year ago quarter.
Pandora Media’s must-know business overview for the investors
Pandora is facing investor concerns that its core business is slowing down on the basis of audience metrics, and that its current valuation is not justified.