On Wednesday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), lost -0.52% to $3.83.
Sirius XM declared that David Fricke, esteemed music critic and rock journalist, will host a new weekly music show on SiriusXM’s The Spectrum channel.
In The Writer’s Block, Fricke will hand-select an hour of music and share stories from his four decades of experience covering the biggest names in rock. The show will blend tracks from an array of classic and influential artists such as the Beatles, Bob Dylan, Nirvana, Blur, Joy Division, Foo Fighters, The Grateful Dead, and the Ramones, in addition to brand-new music from artists such as The Arcs and the Dead Weather.
The Writer’s Block will premiere on Thursday, September 24 at 8:00 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 show will replay Saturday, September 26 at 4:00 pm ET.
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 Southwestern Energy Company (NYSE:SWN), declined -6.07% to $13.31, during its last trading session, after oil prices slipped on higher U.S. crude oil production.
U.S. crude oil output raised to 9.14 million barrels per day last week, up from 9.12 million barrels the previous week, according to the U.S. Energy Information Administration.
Total motor gasoline inventories rose by 1.4 million barrels last week, while analysts surveyed by Reuters estimated an improvement of 819,000 barrels.
U.S. crude stockpiles, however, fell by 1.9 million barrels to 454 million barrels, more than the estimated decline of 533,000 barrels.
Stockpiles are at their highest for the past 80 years, but the decline shows that the domestic oil market is balancing out after continuous low prices, Reuters reports.
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production (E&P). The Company is focused on creating and capturing additional value through its natural gas gathering and marketing businesses, which it refer to as Midstream Services. The Company conducts its business through subsidiaries.
Shares of MGM Resorts International (NYSE:MGM), declined -1.38% to $19.36, during its last trading session.
Building on its long-standing commitment to diversity and philanthropy, MGM Resorts International (MGM) recently declared a $1 million donation to the Smithsonian Institution’s National Museum of African American History and Culture (NMAAHC). The gift will support the construction of the Smithsonian’s 19th museum, planned to open in 2016.
MGM Resorts International is a holding company. Through its wholly owned subsidiaries, the Company owns and operates casino resorts. The Company operates in two segments: wholly owned domestic resorts and MGM China. The wholly owned domestic resorts segment includes non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities.
Finally, Suncor Energy Inc. (USA) (NYSE:SU), ended its last trade with -1.77% loss, and closed at $25.57.
Suncor Energy declared that it has agreed to purchase an additional 10 per cent working interest in the Fort Hills oil sands project from Total E&P Canada Ltd., for total aggregate consideration of $310 million at the time of declaration. As a result of this transaction, Suncor’s incremental capital improvement to Fort Hills is estimated at just over $1 billion of which about $700 million is remaining project spend. Upon closing, Suncor’s partnership share in the $15 billion project will improvement to 50.8 per cent.
As part of the transaction, Suncor acquires a further proportionate interest in Fort Hills related logistics, counting pipelines, storage terminals and third-party pipeline capacity agreements. The Fort Hills project is located in Alberta’s Athabasca region, 90 kilometers north of Fort McMurray.
The acquisition of the additional working interest also presents an opportunity for Suncor to lower its capital cost per barrel and enhance its projected return on the Fort Hills project.
Suncor Energy Inc. (Suncor) is an integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production, and Refining and Marketing.
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