Sirius XM Radio Inc(NASDAQ:SIRI) declined 2.06% to $2.85 on a traded volume of 24.63 million shares.The Company has been restated by TheStreet Ratings as a buy with a ratings score of A. The Company broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems.
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Clearwire Corporation(NASDAQ:CLWR) soared 1.55% to $1.96.Law Firm of Wohl&Fruchter LLP announced that it has commenced an investigation into the acquisition by Sprint Nextel Corporation of majority voting control of Clearwire Corporation through a negotiated purchase from Eagle River Holdings, LLC.
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Nokia Corporation (ADR)(NYSE:NOK) plunged 4.27% to $2.69 on a traded volume of 30.15 million shares.The Company launched convertible bonds to generate EUR 750 million. This step will help the Company to use the net proceeds of the offering to prudently manage its capital structure. It will ensure Nokia Corporation to preserve the existing pools of liquidity and to address the upcoming debt maturities.
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Xerox Corporation(NYSE:XRX) declined 7.11% to $6.53 on a traded volume of 21.97 million shares.The Company expects adjusted earnings to be in the range 33 cents to 35 cents per sharein the current quarter. However, analysts' average forecast is 34 cents.
BMO Capital Markets restatedmarket performs rating on Xerox Corpin a research report. The firm currently has $8.50 price target on the stock.
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Autoliv Inc (NYSE:ALV) declined 9.51% to $57.57 on a traded volume of 1.92 million shares.The Company reported third quarter profit per share was $1.23 compared to $1.48 in the prior year period. Net income was $118.0 million versus $139.1 million in the previous year.Total net sales decreased to $1.95 billion compared to $2.02 billion last year. However, analysts expected the Company to report profit of $1.46 per share on revenue of $1.96 billion for the quarter.
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