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Sirius XM Radio Inc (NASDAQ:SIRI): Maxim Group reiterated its buy rating on Sirius XM Radio shares in a report released Friday. SIRI has been the subject of several other recent research reports. ISI Group analysts initiated coverage on Sirius XM Radio shares in a research note sent to investors on Thursday, July 19th. They gave the stock a buy rating. Separately, analysts at Zacks upgraded Sirius XM Radio shares from neutral to outperform in a research note to investors on Tuesday, July 17th. The firm now has a $2.50 price target on the stock. Barclays Capital’s analysts upgraded Sirius XM Radio shares from underweight to equalweight in a research note to investors on Monday, July 16th.
Citigroup Inc. (NYSE:C) CEO Vikram Pandit is taking measures to ensure that the company has a worthy successor when he retires, although he does not intend to leave for a number of years, according to the Wall Street Journal. A top contender to be Pandit’s successor may be Mike Corbat, the head of the company’s operations in Europe, the Middle East and Africa, sources say.
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Nokia Corporation (NYSE:NOK): Friday morning, Goldman Sachs analyst Simon Schafer cut his rating on shares of Nokia to Sell from Neutral, and he gave the stock a price target of $1.60. The stock closed Friday at $2.37.
Ford Motor Company’s (NYSE:F) Van Dyke Transmission plant has added 225 more jobs, and current employs nearly 1,350 workers, according to the Detroit News. The plant produces transmissions for Ford’s C-MAX Hybrid, C-MAX Energi plug-in hybrid, Fusion Hybrid, Fusion Energi plug-in hybrid, and Lincoln MKZ Hybrid.
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