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Cable Providers Facing Higher Costs For Content
Monday, October 18, 7:29 AM ET, by Market News Video Staff

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Satellite Radio’s Sirius XM SIRI Swings to a Profit
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SIRI Downgraded by Gabelli

By Market News Video Staff, Tuesday, November 9, 1:47 PM ET

Sirius XM (NASDAQ:SIRI) was downgraded from buy to hold today at Gabelli, on valuation concerns. Gabelli said upside factors like subscriber growth and lower costs are price in already. Shares are trading lower by 4%.

Sirius is 3.66% of the Dynamic Media Portfolio (AMEX:PBS), trading down 0.45% Tuesday. Top stocks in the fund include Omnicom (NYSE:OMC), at 5.42%, Viacom (NASDAQ:VIA), Comcast (CMSCA), Time Warner Cable (NYSE:TWC) and News Corp. (NASDAQ:NWS).

Find the right mix of model portfolios today at PortfolioChannel.com


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