On Monday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), showed no change to $3.96.
Sirius XM Holdings declared that one of the most noteworthy rock bands of all time, U2, sat down for an intimate Q&A session with a select group of listeners for the SiriusXM “Town Hall” series at the SiriusXM studios in New York City.
Bono, The Edge, Adam Clayton and Larry Mullen, Jr. answered questions from SiriusXM listeners about their celebrated career, everything from the very early days of the band when bassist Adam Clayton was their manager and The Edge’s mother was the first U2 roadie, to the future of music streaming and distribution to their most recent album Songs of Innocence and their current tour “iNNOCENCE + eXPERIENCE Tour 2015.”
The SiriusXM Town Hall with U2, hosted by SiriusXM’s Jenny Eliscu, will air nationwide on Friday, August 7 at 6:00 pm ET on SiriusXM’s The Spectrum, via satellite on channel 28 and through the SiriusXM App on smartphones and other connected devices, in addition to online at siriusxm.com. The Town Hall will also air on all inactive radios on SiriusXM’s Preview channel, Sirius channel 184 and XM channel 1. For rebroadcast times, please visit www.siriusxm.com/townhall.
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 Verizon Communications Inc. (NYSE:VZ), inclined 0.38% to $46.97, during its last trading session.
Verizon Communications and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired, according to Reuters.
Since June, the unions have been in talks with Verizon over the company’s plans to cut costs by controlling healthcare and pension-related benefits over a three-year period.
Last week, the Communications Workers of America (CWA) and International Brotherhood of Electrical Workers that represent over 37,000 wireline employees said they had voted to go on strike, if needed, after their contract expired on Aug. 1 at midnight. During the last round of contract negotiations in 2011, talks ended in a strike. Reuters Reports
The unions want extra benefits in addition to job security provisions. The CWA said on Saturday that Verizon has not budged from its original proposal which they have said would enhance workers’ healthcare costs by thousands of dollars, eliminate job security and remove any restrictions on the company’s right to contract out or offshore union jobs. Reuters added
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
Finally, Express Scripts Holding Company (NASDAQ:ESRX), ended its last trade with -0.93% loss, and closed at $89.23.
Express Scripts Holding Company declared 2015 second quarter net income attributable to Express Scripts stockholders of $600.1 million, or $0.88 per diluted share. Adjusted earnings per diluted share, as detailed in Table 4, were $1.44 for the second quarter.
Second Quarter 2015 Review
On April 28, 2015, the Company reached a credit agreement with Credit Suisse AG, as administrative agent, Citibank, N.A., as syndication agent, and the other lenders and agents named therein, providing for a five-year $2.0 billion revolving loan facility, a two-year $2.5 billion term loan and a five-year $3.0 billion term loan. The Company used the proceeds to repay its formerly existing term loan and to terminate the commitments under its existing revolving loan facility and to execute an accelerated share repurchase program (“ASR”) and used the remaining proceeds for other general corporate purposes.
On April 29, 2015, as discussed in the previous paragraph, the Company reached a contract to repurchase shares of common stock for an aggregate purchase price of $5,500.0 million under an ASR. Upon payment of the purchase price, the Company received 55.1 million shares of its common stock at a price of $84.79 per share, which represented about 85% of the $5,500.0 million purchase price. The ASR program will be accomplished in the first half of 2016. Due to the utilization in the ASR, 28.6 million shares remain accessible under the share repurchase program.
Express Scripts Holding Company operates as a pharmacy benefit administration (PBM) company in the United States and Canada. The company operates through two segments, PBM and Other Business Operations.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
