3 Stocks in News; SIRI, MSFT, AMZN

Sirius XM Radio Inc. ( NASDAQ: SIRI ) stock is currently trading at $1.62. The stock is up 0.11 percent from its previous close. Sirius XM Radio stock opened at $1.61 and touched the high of $1.65. The stock's lowest price in today's session is $1.61. The company stock's beta is 1.93. Sirius XM Radio operates through its two wholly owned subsidiaries. Sirius is engaged in the business of broadcasting music, news, talk shows and sports in the United States. The company provides its services for a subscription fee. It also streams some of its content over the internet. The company has four in-orbit satellites and 125 terrestrial repeaters. The company has recently submitted a certificate of ownership for the completion of its merger with XM Satellite Radio. Microsoft Corp. ( NASDAQ: MSFT ) stock is currently trading at $27.66. The stock is down 4.19 percent from its previous close. Microsoft stock opened at $28.90 and touched the high of $28.93. The stock's lowest price in today's session is $27.61. The company stock's beta is 1.07. Microsoft has reported its second quarter profit at $6.63 billion, down from $6.66 billion it had reported a year earlier. The company earned 77 cents per share for the quarter. The market expectations were pegged at 68 cents. The company reported 5 percent increase in its revenue to $19.95 billion, again surpassing analysts' expectations of $19.15 billion. Amazon.com ( NASDAQ: AMZN ) stock is currently trading at $167.31. The stock is down 9.29 percent from its previous close. Amazon stock opened at $171.72 and touched the high of $173.71. The stock's lowest price in today's session is $167.28. The company stock's beta is 1.16. Amazon has reported its revenue for the fiscal fourth quarter of the year at $12.95 billion, lagging behind $13.01 billion. The net income for the quarter stood at $416 million. On per share basis, the company reported 91 cents in net income. The consensus estimate was pegged at 88 cents per share. This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell any stock mentioned in this report at any time after this post.
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