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Los Angelas, CA -- (SBWIRE) -- 10/10/2012 -- Sirius XM Radio Inc. broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.Sirius XM Radio Inc (NASDAQ:SIRI): According to ISI Group analyst Vijay Jayant, Sirius XM may throw the Street for a loop as it shows better subscriber growth than expected during Q3, mainly due to unexpected strength in September’s auto sales. Now, Jayant sees Sirius posting 456,000 net adds for the quarter, which is a rise from the expected 336,000. He also mentions that September U.S. auto sales were at an adjusted annualized rate of 14.9 million, which is higher than his forecast of 14.1 million.
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Financial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Financial Select Sector Index (the Index). The Index includes companies from the following industries diversified financial services; insurance; commercial banks; capital markets; real estate investment trusts (REITs); consumer finance; thrifts and mortgage finance; and real estate management and development. The Fund’s investment advisor is SSgA Funds Management, Inc.SPDR Select Secto (NYSEARCA:XLF) is -0.10 - -0.62% from the previous close of $16.05. It traded between $15.90 - 16.12 with total traded volume of 73197520 shares. Keep a close eye on XLF, as the stock has been showing unusual moves over the past weeks. At Current market price, XLF has recovered +35.98% from its 52-week Low of 11.73 and has Pulled back -2.98% from its 52-week high of 16.44.
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Intel Corporation designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset. The Company sells these platforms primarily to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries.Intel Corporation (NASDAQ:INTC)’s McAfee unit today confirms the news of its upcoming downsizing. McAfee Inc., the computer security unit, is planning to lay off all but a small number of employees. Intel Corporation (NASDAQ:INTC) stocks in last trading session slid -0.75% to $ 22.51. The current year earnings per share of INTC experienced a surge with 18.84% and its current quarter performance stayed at -11.17%.
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PowerShares QQQ Trust, Series 1 (the Trust) is a unit investment trust that issues securities called PowerShares QQQ Index Tracking Stock. The Trust holds all of the component securities of the Nasdaq-100 Index (the Index). The Investment objective of the Trust is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. Invesco PowerShares Capital Management, LLC is the Sponsor of the Trust and The Bank of New York Mellon is the Trustee.QQQ is +0.0108 at $67.27, with 6,138,464 shares traded. This represents a 27.24% increase from its 52 Week Low.PowerShares QQQ T (NASDAQ:QQQ) is -1.0908 - -1.60% from the previous close of $68.35. It traded between $67.10 - 68.3395 with total traded volume of 67973912 shares. At Current Market Price, QQQ is in distance of -2.33% from its 50-day Moving Average price of $68.8623 and +2.34% from its 200-day Moving Average price of $65.7211.
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