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Nov 6- Liberty Media Corp reported a 3 percent increase in quarterly revenue, helped by a rise in subscribers at flagship networks Starz and Encore. John Malone's Liberty Media is trying to gain full control of satellite radio broadcaster Sirius XM Radio Inc, in which it owns a nearly 50 percent stake.
Nov 1- Sirius XM Radio Inc posted better-than-expected revenue growth in the third quarter but fa iled to shed light on company strategy under Liberty Media Corp and its se arch for a new chief executive.
--Abiomed Inc rescheduled second-quarter conference call to Nov. 1 at 8 am Eastern Time. --Accelrys Inc rescheduled third-quarter results to Oct. 31, after market. Its conference call will be held on Nov. 1, 9.30 am Eastern Time.
--Acorda Therapeutics Inc: rescheduled third-quarter financial results and conference call to Oct. 31 from Oct. 30. --Advent Software Inc reschedules third-quarter results and conference call to Oct. 30. --AGCO Corp rescheduled third-quarter results to Oct 31, 8 am Eastern Time from Oct. 30.
--Martha Stewart Living Omnimedia Inc rescheduled third-quarter results to Nov. 1 from Oct. 30. --Vertex Pharmaceuticals Inc rescheduled third-quarter 2012 earnings and conference call to after markets close on Nov. 1 from Oct. 29. --The McGraw-Hill Companies Inc rescheduled third-quarter earnings and conference call to Nov. 2 from Oct. 31.
Oct 25- Shares of online streaming music service Pandora Media closed down 12 percent on a report that Apple Inc was in serious talks with major music labels to start an advertising-supported internet radio service by early next year.
*Karmazin to step down on Feb. 1, 2013. Oct 23- Sirius XM Radio Inc Chief Executive Mel Karmazin will step down in February, a move that comes at a time when media mogul John Malone's Liberty Media Corp is trying to wrest full control of the satellite radio broadcaster.
Sirius XM CEO Mel Karmazin plans to step down on Feb. 1 from the satellite radio company, which is expected to be acquired by Liberty Media.
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*Lazard raises Liberty Media Corp price target to $143 from $125. *Lazard raises Sirius XM Radio Inc price target to $3.50 from $3. Reuters Station users, click. 1568.
By Jennifer Saba and Peter Lauria. Oct 10- Sirius XM Radio Inc CEO Mel Karmazin said the company will add 446,000 new subscribers for the third quarter and raised its full-year forecast to 1.8 million net additions. Karmazin gave the updated business outlook for the satellite radio broadcaster while speaking at Liberty Media Corp's.
Take a look at some of Wednesday's midday movers:
Oct 10- Sirius XM Radio Inc CEO Mel Karmazin said the company will add 446,000 new subscribers for the third quarter and raised its full-year forecast to 1.8 million net additions. Karmazin gave the updated business outlook for the satellite radio broadcaster while speaking at Liberty Media Corp's.
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**ARQULE INC, $2.30, down 53.9 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **GENERAL MOTORS, $23.82, up 3 pct. Hedge fund manager David Einhorn said auto-maker General Motors "is much healthier now," and is getting its product refreshments "right."
The Dow and S&P 500 turned negative while the Nasdaq cut its gains in late morning on Tuesday, with materials and energy shares leading declines on the S&P. **ARQULE INC $2.21 down 55.5 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **FORD MOTOR CO, $9.78, down 1.6 pct.
The Nasdaq Composite Index added 14.98 points, or 0.48 percent, to 3,128.51. **ARQULE INC $2.14, down 57.73 pct The biotechnology company and Japan's Daiichi Sankyo Co Ltd. **SIRIUS XM RADIO INC, $2.62, up 2 pct.
NEW YORK-- A Citi analyst on Tuesday raised his rating for Liberty Media Corp. to "Buy" from "Neutral," predicting that the company will soon take control of Sirius XM Radio Inc..
BANGKOK, Oct 2- Following are some company-related and market news which could have an impact on the local market. SE ASIA STOCKS-Most weak in light volume, Malaysia outperforms. STOCKS TO WATCH-- SANSIRI PCL.
Outside the Duchin Lounge at the Sun Valley Resort, Liberty Media's John Malone sounded busy, with his investment in Sirius XM radio top of mind.