On Thursday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), remain flat and closed at $4.10 in the last trading session. The last trading range of the stock ranges between $4.05 and $4.11. Sirius XM Holdings Inc. (SIRI) is the world’s leading radio company measured by revenue and has more than 30.6 million subscribers. SiriusXM creates and offers commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment, and a wide-range of Latin music, sports and talk programming. SiriusXM is available in vehicles from every major car company in the U.S. and on smartphones and other connected devices in addition to online at siriusxm.com. SiriusXM radios and accessories are available from retailers nationwide and online at SiriusXM. SiriusXM also provides premium traffic, weather, data and information services for subscribers through SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™. SiriusXM delivers weather, data and information services to aircraft and boats through SiriusXM Aviation, SiriusXM Marine™, Sirius Marine Weather, XMWX Aviation™, XMWX Weather, and XMWX Marine™. In addition, SiriusXM Music for Business provides commercial-free music to various businesses. SiriusXM holds a minority interest in SiriusXM Canada which has about 2.7 million subscribers. SiriusXM is also a leading provider of connected vehicles services to major automakers, giving customers access to a suite of safety, security, and convenience services counting automatic crash notification, stolen vehicle recovery assistance, improved roadside assistance and turn-by-turn navigation.
Visa Inc (NYSE:V), dropped -0.46% and closed at $81.87 in the last trading session. The last trading range of the stock ranges between $81.11 and $82.12. The company’s Market capitalization is $193.77 Billion with the total Outstanding Shares of 1.89 Billion. Visa Inc. (NYSE:V) will report its fiscal fourth quarter and full-year 2016 financial results on Monday, October 24, 2016. The results, together with accompanying financial information, will be released after market close and posted on the Visa Shareholder Relations website.
Visa’s executive administration team will then host a live audio webcast starting at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss financial results and business highlights.
Visa is presently in its customary “quiet period” during which time company executives will not be interacting with the investment community. This quiet period will extend until fiscal fourth quarter and full-year 2016 earnings are released on October 24, 2016.
Calpine Corporation (NYSE:CPN), jumped 0.54% and closed at $13.02 in the last trading session. The last trading range of the stock ranges between $12.77 and $13.12. During the 52-week trading session the minimum price at which share price traded, registered at $11.53 and reached to max level of $16.59. Calpine Corporation (CPN) declared recently that it has reached a contract to purchase Noble Americas Energy Solutions, LLC (NAES), the nation’s leading independent supplier of power to commercial and industrial retail customers, for a purchase price of $800 million plus an estimated $100 million of net working capital at closing. Calpine anticipates to recover about $200 million through collateral synergies and the runoff of attained legacy hedges, substantially within the first year, resulting in expected net cash deployed of about $700 million (counting working capital), or about five times NAES’ recent and expected run-rate Adjusted EBITDA.
“We are excited to be acquiring the best commercial and industrial direct energy sales platform in the U.S. The acquisition of this well-regarded organization known for providing sophisticated customers with highly customized products is a natural fit with Calpine’s customer-centric culture and will allow us to build upon the success we have practiced since our entry into retail last year through the Champion Energy platform,” said Thad Hill, Calpine’s President and Chief Executive Officer. “In addition to expanding our retail customer sales channels and product offerings, we will more than double the volume of retail load we are capable of serving across the country from our complementary wholesale power generation fleet.