NEW YORK (Reuters) - Shares of satellite radio operators XM Satellite Radio Inc and Sirius Satellite Radio Inc surged on Monday after U.S. antitrust authorities approved Sirius' plan to acquire XM.
Sirius shares were up 9.3 percent to $3.17 and XM shares jumped 18.1 percent to $14.09, both on the Nasdaq.
WASHINGTON (Reuters) - The economy grew at a much slower pace than previously thought in the third quarter, restrained by weak business investment and a slightly more aggressive liquidation of inventories, data showed on Tuesday.
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