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Sunday 31 January 2016
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Active Stocks Trader’s Buzzers: Sirius XM Holdings Inc. (NASDAQ:SIRI), CSX Corp. (NYSE:CSX), Duke Energy Corporation (NYSE:DUK)

Active Stocks Trader’s Buzzers: Sirius XM Holdings Inc. (NASDAQ:SIRI),  CSX Corp. (NYSE:CSX), Duke Energy Corporation (NYSE:DUK)

On Thursday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), gained 1.79% to $3.71.

Sirius XM Holdings declared that it will offer subscribers extensive coverage of the 2015 Open Championship, golf’s oldest major championship, from the storied Old Course at St. Andrews in Fife, Scotland.

SiriusXM will air 37 hours of live play-by-play, offered by both ESPN Audio and IMG, across all four days of tournament play, July 16th through the 19th, in addition to daily talk programming leading up to the tournament, on SiriusXM PGA TOUR Radio, which is accessible to subscribers on satellite radios (Sirius channel 208, XM channel 93), on the SiriusXM app and online at SiriusXM.com.

Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.

Shares of CSX Corp. (NYSE:CSX), inclined 0.35% to $31.90, during its last trading session.

This week, CSX successfully accomplished its 17th annual Maintenance Jamboree, a track safety and maintenance blitz that completes months of rail, tie, signal and bridge work on key rail corridors in a single week.

During this year’s Maintenance Jamboree, CSX installed 55,400 cross ties and 217,000 feet of rail, surfaced more than 100 miles of track, and restored and performed maintenance on several bridges and road crossings. This extensive work would normally take about four and a half months to complete during routine train operation.

“The Maintenance Jamboree is a great testament to the dedication of our employees, who pull together to complete the work of many months in just a few short days to reduce the impact on our customers and communities,” said Oscar Munoz, president and chief operating officer. “During the Jamboree, and all year long, CSX is committed to investing in our network to provide safe and efficient rail transportation recently and serve freight demand in the future.”

The 2015 Maintenance Jamboree, which ran from June 29 to July 6, involved fourteen production teams, in addition to engineering, signal and bridge teams. Track work concentrated on two key southeastern corridors: between Shelby, Ky., and Spartanburg, S.C., and between Bostic, N.C., and Monroe, N.C.

CSX Corporation, together with its auxiliaries, provides rail-based transportation services in the United States and Canada. It offers traditional rail services, and transports intermodal containers and trailers.

Finally, Duke Energy Corporation (NYSE:DUK), ended its last trade with -0.96% loss, and closed at $74.07.

Duke Energy Corporation, declared a quarterly cash dividend on its common stock of $0.825 per share, an enhance of $0.03 per share, or 3.8 percent.

This is double the rate at which the dividend has grown annually since 2010.

The dividend is payable on Sept. 16, 2015, to shareholders of record at the close of business Aug. 14, 2015.

“For the past 89 successive years, the dividend payment has been an important part of our commitment to deliver attractive total returns to shareholders,” said Lynn Good, president and CEO. “The strength of our cash flows and balance sheet provides valuable financial flexibility to continue growing the dividend.

“Operational excellence in our core domestic businesses continues to provide strong support to our financial objectives. Even though we are experiencing some near-term earnings challenges in our International business, we have a plan to distribute $2.7 billion of foreign cash by 2022, providing further support for our growth initiatives and the dividend,” stated Good.

The company’s long-term target dividend payout ratio continues to be in the range of 65 to 70 percent of adjusted diluted earnings per share.

Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power.

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