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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/28/2023 | $56.00 | Buy | Seaport Research Partners |
Seaport Research Partners initiated coverage of Liberty Live with a rating of Buy and set a new price target of $56.00
Liberty Media Corporation ("Liberty Media") (NASDAQ:FWONA, FWONK, LLYVA, LLYVK))) will host a conference call to discuss results for the third quarter of 2024 on Thursday, November 7th at 10:00 a.m. E.T. Before the open of market trading that day, Liberty Media will issue a press release reporting such results, which can be found at https://ir.libertymedia.com/news-events/press-releases. The press release and conference call may discuss the financial performance and outlook of the company, as well as other forward looking matters. Please call InComm Conferencing at (877) 704-2829 or +1 (215) 268-9864, confirmation code 13744092, at least 10 minutes prior to the call. Callers will need to b
Liberty Media Corporation ("Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today announced the payment of a quarterly interest payment and an Excess Regular Additional Distribution to the holders as of August 15, 2024 of its 2.75% Exchangeable Senior Debentures due 2049 (the "Debentures"). The amount of the quarterly interest payment is $6.8750 per $1,000 original principal amount of Debentures, and the amount of the Excess Regular Additional Distribution is $1.5419 per $1,000 original principal amount of Debentures. As of September 3, 2024, the aggregate adjusted principal amount outstanding is approximately $585 million, after giving effect to today's quarterly inter
Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) today reported second quarter 2024 results. Headlines include(1): Attributed to Liberty SiriusXM Group SiriusXM reported second quarter 2024 operating and financial results Second quarter 2024 revenue of $2.18 billion Ad revenue of $443 million Net income of $316 million; diluted EPS of $0.08 Adjusted EBITDA(2) of $702 million Free cash flow(2) of $343 million SiriusXM reiterated 2024 financial guidance Liberty Media's ownership of SiriusXM was 83.3% as of July 30th Expect to complete planned combination of Liberty SiriusXM Group and SiriusXM on
Chairman John Malone to Serve as Interim CEO Liberty Media Corporation ("Liberty Media") (NASDAQ:FWONA, FWONK, LLYVA, LLYVK)) today announced that President and Chief Executive Officer, Greg Maffei, will be stepping down from his role at the end of 2024. Liberty Media's Chairman, John Malone, will assume the role of interim CEO and will work closely with the Liberty Media executive team and the Board of Directors to ensure a seamless transition. Maffei will step down at the expiration of his contract at year-end and will serve as a Senior Advisor effective January 1st to support the management transition. "On behalf of the Liberty Media board, I'd like to thank Greg for his leadership,
Liberty Media Corporation ("Liberty Media") (NASDAQ:FWONA, FWONK, LLYVA, LLYVK)) today announced that it is pursuing a plan to split off the Liberty Live Group (the "Split-Off"). Immediately prior to effecting the Split-Off, Liberty Media's subsidiary Quint would be reattributed from the Formula One Group to the Liberty Live Group in exchange for certain private assets. Any cash consideration would be determined at a future date based on relative valuations at the time of the reattribution. "The split-off of Liberty Live Group into a separate public entity will simplify Liberty Media's capital structure, should reduce the discount to net asset value of our Liberty Live stock and enhance t
Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ:FWONA, FWONK, LLYVA, LLYVK)) today reported third quarter 2024 results. Headlines include(1): Completed combination of Liberty SiriusXM Group and SiriusXM on September 9th Attributed to Formula One Group Refinanced F1 debt facilities, extending maturities and reducing margin on Term Loan B from 2.25% to 2.00% with anticipated future step down to 1.75% Secured all funding for MotoGP transaction and on track to close by year-end 2024 Completed public offering of 12.2 million FWONK shares for $949 million gross proceeds in lieu of issuing equity to sellers Raised deal-contingent incremental $850 million Term Loan B an
Liberty Media Corporation ("Liberty Media") (NASDAQ:LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK))) announced that after over 20 years, Albert E. Rosenthaler will be retiring from Liberty effective January 1, 2024. Mr. Rosenthaler has served as Chief Corporate Development Officer since 2016. Previously, he was the top tax officer for Liberty Media and its predecessors since joining in 2002. Mr. Rosenthaler will become a Senior Advisor and remain a resource to the Liberty family of companies and its portfolio companies. "I want to thank Albert for his material contributions, partnership and dedication to Liberty over the years. His knowledge and expertise have delivered tremendous value
The latest 13F filings for the third quarter reveal significant moves by prominent hedge funds, including notable buys and sells in their portfolios. Warren Buffett’s Berkshire Hathaway Berkshire’s biggest holding remains Apple Inc (NASDAQ:AAPL). Other key portfolio holdings include Bank of America Corp. (NYSE:BAC), American Express Co. (NYSE:AXP), Coca-Cola Company (NYSE:KO) and Chevron Corp. (NYSE:CVX). For the third quarter this year, Berkshire Hathaway‘s (NYSE:BRK) (NYSE:BRK) top buys included Liberty Media Corp (NASDAQ:LSXMA) and Sirius XM Holdings Inc (NASDAQ:SIRI), the firm’s top sells were Activision Blizzard (NASDAQ:ATVI) and General Motors (NYSE:GM). Ray Dalio’s Bridgew
On Thursday, 283 companies set new 52-week lows. 52-Week Low Highlights: The largest company by market cap to set a new 52-week low was Pfizer (NYSE:PFE). Blue Star Foods (NASDAQ:BSFC) was the smallest company when considering market cap to set a new 52-week low. Edible Garden AG (NASDAQ:EDBL) made the largest move down on the session, with shares plummeting 34.15% to reach its 52-week low. Almacenes Exito (NYSE:EXTO) shares bounced back the most, actually rising 0.0% after hiting a new 52-week low. The following stocks created new 52-week lows on Thursday: Pfizer (NYSE:PFE) shares made a new 52-week low of $34.04 on Thursday. The stock was down 0.74% for the day. Walt Disney
Upgrades According to B of A Securities, the prior rating for Futu Holdings Ltd (NASDAQ:FUTU) was changed from Underperform to Buy. In the second quarter, Futu Hldgs showed an EPS of $1.09, compared to $0.61 from the year-ago quarter. The stock has a 52-week-high of $72.20 and a 52-week-low of $28.01. At the end of the last trading period, Futu Hldgs closed at $51.06. According to Truist Securities, the prior rating for Apartment Income REIT Corp (NYSE:AIRC) was changed from Hold to Buy. In the second quarter, Apartment Income REIT showed an EPS of $0.58, compared to $0.66 from the year-ago quarter. At the moment, the stock has a 52-week-high of $43.70 and a 52-week-low of $32.51. Apartme