On Friday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), gained 1.18% to $3.86.
Sirius XM Holdings, will pay $210 million to settle with several major record labels over the satellite radio company’s use of music recorded more than 43 years ago, according to AP.
The dispute centered on the use of recordings made before early 1972 and owned or controlled by Capitol Records LLC, Sony Music Entertainment, UMG Recordings Inc., Warner Music Group Corp. and ABKCO Music & Records Inc. AP Reports.
The deal lets Sirius use those recordings until the end of 2017 without making an additional payment. The company also can negotiate a licensing deal with each plaintiff to continue using them from 2018 through the end of 2022. AP added.
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 Walgreens Boots Alliance, Inc. (NASDAQ:WBA), inclined 0.47% to $86.77, during its last trading session.
Walgreens Boots Alliance, will release its fiscal 2015 third quarter earnings results at 7 a.m. Eastern time Thursday, 9 July 2015, followed by a one-hour conference call with Walgreens Boots Alliance administration starting at 8:30 a.m. Eastern time.
Walgreens Boots Alliance, Inc., together with its auxiliaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, in addition to through mail, and by telephone and online.
Finally, Citizens Financial Group, Inc. (NYSE:CFG), ended its last trade with 0.58% gain, and closed at $27.54.
On June 16, Citizens Bank declared the availability of the Multi Year Borrowing Option with the Citizens Bank Student Loan™, a new offering that will enable qualified borrowers to reserve financing for the duration of their education without the burden of fully re-applying each year, significantly simplifying the application process for subsequent years of borrowing and eliminating concern of losing access to funding midway through their education. Citizens also declared it has lowered the interest rate on its Citizens Bank Student Loan for Parents to 6.29 percent.
Approved borrowers who select the Multi Year Borrowing Option will have access to a streamlined process that enables them to simply request funds to meet their subsequent years of school. Citizens will then send those funds directly to the school. The loan will be accessible with a variable interest rate as low as 2.18 percent (comprises all rate-reducing benefits). The Multi Year Borrowing Option is the latest offering from Citizens Bank designed to assist people pay for higher education in a more affordable way, and furthers Citizens’ Bank Better commitment to make banking simple, clear and personal for consumers.
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking.
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