I'm starting to think ur the only joke. yet anotrher 52 week high????????? ddaaaaaa!!!!!!
As a result of solid second quarter results, earnings estimates have been rising for Liberty Media LMCA +0.99%, which owns interests in a broad range of media, communications and entertainment businesses, including Sirius XM, Live Nation, Charter Communications CHTR +1.26%, The Atlanta Braves and Barnes & Noble.
Liberty reported excellent financial results for the second quarter of 2013. The quarter resulted in earnings of $0.79 per share substantially ahead of the Zacks Consensus Estimate of $0.49 per share. This strong performance was primarily attributed to the contribution from its Sirius XM Radio SIRI +1.17% acquisition. Liberty had acquired controlling interest in Sirius earlier this year.
Kaise there is know fear of Liberty selling. Thats not how they conduct business. This is LMCA's cash cow. Big plans comin. Watch! Good luck
Liberty Media currently has a Zacks Rank #1 (Strong Buy).
Why the Upgrade?
Liberty Media is steadily restructuring its business model in its aim to control several subscription-based companies. Strong performance in the said quarter was primarily driven by the contribution from the company’s newly acquired controlling stake of SIRIUS XM Radio Inc. (SIRI). Management is pursuing a systematic share buyback program to enhance shareholders’ wealth. Moreover, the spin-off of the Starz segment as a separate entity helped Liberty Media to improve its financial position.