On Thursday, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), subtract -0.12% and closed at $4.16 in the last trading session. The last trading range of the stock ranges between $4.14 and $4.17. 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.
Altria Group Inc (NYSE:MO), jumped 0.91% and closed at $61.78 in the last trading session. The last trading range of the stock ranges between $60.85 and $61.80. The company’s Market capitalization is $119.61 Billion with the total Outstanding Shares of 1.95 Billion. Altria Group, Inc., through its auxiliaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. It offers cigarettes mainly under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen and Skoal, Red Seal and Husky, and Marlboro Snus brand names. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste. Michelle, Columbia Crest, and 14 Hands names; and imports and markets Antinori, Torres, and Villa Maria Estate wines, in addition to Champagne Nicolas Feuillatte in the United States. In addition, it provides finance leasing services mainly in aircraft, railcar, electric power, real estate, and manufacturing industries.
United Technologies Corporation (NYSE:UTX), lost -0.17% and closed at $102.08 in the last trading session. The last trading range of the stock ranges between $101.36 and $102.22. During the 52-week trading session the minimum price at which share price traded, registered at $83.39 and reached to max level of $109.83. United Technologies Corp, maker of Pratt & Whitney engines, said on Thursday it would cut the overall size of its pension liabilities by about $1.77 billion in 2016.
The company, which also makes Otis elevators, said it expected to incur a one-time pre-tax pension settlement charge of $400 million to $530 million in the fourth quarter.
United Technologies had future pension and post-retirement benefit obligations of $5.71 billion as of June 30.
The company said in a statement it would transfer administration of its pension plans for about 36,000 retirees to a third-party in addition to offer lump sum buyouts instead of monthly pension payments to an estimated 10,000 retirees.
The company will transfer about $775 million of its outstanding pension benefit obligations to the Prudential Insurance Company of America, United Technologies said.SOURCE REUTER