Sirius XM Brings Back Another Season of Coach K and 2 Other Hot Stocks to Watch
Sirius XM Radio Inc. (NASDAQ:SIRI): Current price $3.719
On Wednesday, Sirius XM Radio announced that Head Coach Mike Krzyzewski at Duke University and USA Men’s Basketball teams is coming back for a ninth season of his weekly SiriusXM show Basketball and Beyond With Coach K. A new episode airs on Halloween at 6:00 pm Eastern Time on SiriusXM College Sports Nation, channel 91. On this week’s show, Coach K welcomes as his guest Rick Pitino, a National Championship-winning coach, whose Louisville Cardinals saw victory at the 2013 NCAA title game in April, for a talk on the upcoming college basketball season.
Bank of America Corp. (NYSE:BAC): Current price $14.22
BofA Merrill Lynch Global Research has announced the introduction of four emerging markets local currency bond indices, the first of their kind, created to track the performance of local currency non-sovereign emerging markets fixed rate debt. The development of these new indices has been steered by the growth of interest in this market segment, following the rapid rise in local currency sovereign and external corporate debt markets. Chief of Global Emerging Markets Corporate Credit Research Anne Milne commented that, “With more than $4 trillion in outstanding debt, including non-Euroclear issues, the local currency non-sovereign market is larger than the local currency sovereign market.”
Teva Pharmaceutical Industries Ltd. (NYSE:TEVA): Current price $38.32
Teva said Wednesday that its Chief Executive Jeremy Levin is stepping down and its Chief Financial Office Eyal Desheh would take over on an interim basis, effective immediately. Earlier in the week, Teva and Levin refuted an Israeli media report that the latter was mulling resignation over a rift with the firm’s board of directors regarding strategy. Levin took over Teva in May 2012, pledging to remake the company by developing its own medicines in the face of rising competition in the generics market, and to sell off businesses in non-core areas.
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