Orlando, FL -- (SBWIRE) -- 08/30/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Sirius XM Radio Inc(NASDAQ:SIRI), Sprint Nextel Corporation (NYSE:S).
Sirius XM Radio Inc(NASDAQ:SIRI) shares increased 1.54% to $3.63. The company on August 29 announced that it has added The Dan Patrick Show, hosted by popular sports commentator Dan Patrick, to the weekday lineup of shows on its all-sports talk channel, Mad Dog Sports Radio, SiriusXM channel 86.
Additionally, the company on August 28 announced that it has signed renowned sports talk personality Chris "Mad Dog" Russo to a new three-year contract that will keep his daily all-sports radio show exclusively on SiriusXM's Mad Dog Sports Radio channel. Russo's on-air role will be expanded to include a significant presence on the MLB Network Radio channel on SiriusXM.
Moreover, the company on August 21 announced the launch of Service Lane, its new program that provides a complimentary 2-month SiriusXM subscription to qualifying customers who have their satellite radio-equipped vehicles serviced at participating auto dealerships.
Are investors worried about the recent updates with SIRI? Find out with a free trend analysis HERE
Sprint Nextel Corporation (NYSE:S) shares declined 0.74% to $6.70. The company on August 27 said it is eliminating about 800 customer service jobs because fewer people are calling its centers. With growth in other parts of the business, however, Sprint said it expects the company's work force to remain at about 40,000. Sprint Corp. said most of the affected workers were notified last Thursday. Others will be told next month after Sprint figures out which additional positions will be cut. The company said the cuts are at various locations across the country.
Additionally, the company on August 15 have teamed to achieve two significant milestones in speed and capacity on Sprint’s network. The trials validate Sprint’s leadership in deploying new network technologies designed to meet exponential growth in demand for data by Sprint business and consumer customers.
Is S going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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