Pandora (P), Sirius XM (SIRI) on Watch into Sept. U.S. Auto Sales
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Pandora Media (NYSE: P) and peer Sirius XM (Nasdaq: SIRI) are on watch heading into U.S. auto sales numbers for September. Both generally garner a substantial portion of monthly service fees from auto subscriptions.
Chrysler already reported a 12 percent gain in September sales, beating views calling for just a 6.3 percent pop.
Ford (NYSE: F) generally reports at 9:30am with General Motors (NYSE: GM) at 10:00am. Toyota (NYSE: TM) issues its update at 10:30am.
September sales will be interesting, given that it is the time of the year when new models are rolled out.
Shares of both Pandora and Sirius XM were upgraded today. Earlier, Sirius XM was upgraded by BofA/Merrill.
Chrysler already reported a 12 percent gain in September sales, beating views calling for just a 6.3 percent pop.
Ford (NYSE: F) generally reports at 9:30am with General Motors (NYSE: GM) at 10:00am. Toyota (NYSE: TM) issues its update at 10:30am.
September sales will be interesting, given that it is the time of the year when new models are rolled out.
Shares of both Pandora and Sirius XM were upgraded today. Earlier, Sirius XM was upgraded by BofA/Merrill.
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