Morning News Recap: Netflix, Ford Motor Company, General Motors, Sirius XM Radio

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Morning News Recap: Netflix, Ford Motor Company, General Motors, Sirius XM Radio

NEW YORK, October 03, 2012  – Beststocksdaily, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Netflix, Ford Motor Company, General Motors, Sirius XM Radio.

Sales of Ford Motor Company(NYSE:F) vehicles in the United States were flat in September with a slump in truck sales offset a rise in the sale of cars and sport utility vehicles.

Sales of its cars during the month rose 1.6 percent led the Ford Focus. Sales of its SUVs also shot up 8.7 percent in the month, led by a 14.5 percent jump in ford Escapes while that of the Explorer rose 19 percent.

Will F Bounce back After The recent Fall? Find Out Here

However sales of its trucks fell 7.6 percent. The company put the cause of the dip on the discontinuation of the Ranger small pickup.

General Motors Company(NYSE:GM) sold 14.6 million vehicles in the U.S. in the month, compared to the 14.5 million vehicles it sold in August.

On an overall basis auto sales in the U.S. are expected to rise 12 percent during the month.

Shares in Sirius XM Radio Inc(NASDAQ:SIRI) rose to a 4-yar high on Tuesday ahead of an imminent buyout by Liberty Media.

How Should Investors Trade GM After The Latest News? Find Out Here

Sirius shares rose 2.3 percent, or 6 cents, to 2.63 shortly before the market closed. Sirius hit $2.68 in intraday deals, the best since July 2008.

The Federal Communications Commission on Tuesday opened up a public comment period for a bid by John Malone's Liberty Media to buy Sirius.

The share spike was in part due to Citi analyst Jason Bazinet upgrading the rating on Liberty Media to Buy from Neutral and maintaining his Buy rating for Sirius XM Radio Inc(NASDAQ:SIRI).

Will Continue To Move Up and Hit $5 This Year? Find Out Here

He raised Sirius' price target from $2.50 to $3 and Liberty's by $27 to $121. Liberty shares rose 0.5 percent to 105.30.

Netflix, Inc.(NASDAQ:NFLX) shares soared 7% to $60.45 in early as analyst at Citigroup maintained a buy rating on the stock citing "a highly reasonable valuation, a generally positive execution track record, and the still early market opportunity for Internet video streaming."

Has NFLX Found The Bottom and Ready To Move Up? Find Out Here

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