Volume Buzzers: Sirius XM Radio, Sprint Nextel, Citigroup Inc, Morgan Stanley


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NASDAQ:SIRI / NYSE:S
09/24/2012 [ACCESSWIRE]

NEW YORK, September 24, 2012 – Stockmarketnation.com, one of the leaders in providing stock updates on U.S. stock, markets are announcing valuable information on Sirius XM Radio, Sprint Nextel, Citigroup Inc, Morgan Stanley.

Sirius XM Radio Inc(NASDAQ:SIRI) shares fell 0.39% to $2.54 in the previous trading session. Sirius XM Radio and Nissan North America announced that Nissan selected SiriusXM as the exclusive provider of a comprehensive suite of premium telematics services for Nissan branded vehicles.

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Additionally, the company said that Carol Burnett who is a legendary entertainer along with co-stars Vicki Lawrence and Tim Conway will come in studio of SiriusXM and will answer the questions of SiriusXM listeners and will celebrate the DVD launch of “The Carol Burnett Show”, a series which has won the Emmy Award for 25 times.

Sprint Nextel Corporation (NYSE:S) shares fell 0.18% to $5.64. The company announced availability of 4G LTE to customers in Lawrence, Kan.; Topeka, Kan.; Wichita, Kan.; Waukegan-Lake County, Ill.; and Barnstable-Hyannis/Mid-Cape, Mass. Sprint's wireless customers in these metro areas will benefit from the speed, value and simplicity of the Sprint 4G LTE experience.

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Additionally, the company’s Chief Executive, Dan Hesse, announced that the company has sold one million smartphones running LTE. The company is strengthening its grip in the LTE market, but it still has to go a long way as it is lagging behind its competitors.

Citigroup Inc.(NYSE:C) shares climbed 0.03% to $33.68 in the early hour. The nation's commodity futures regulator last week fined Citigroup Inc $525,000 for greater than speculative position limits in wheat futures contracts. The Commodity Futures Trading Commission order finds that on several occasions in December 2009 Citigroup held aggregate net long positions in a wheat contract traded on the Chicago Board of Trade in excess of the agency's speculative position limits.

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Additionally, the company announced that it has recently incorporated some pivotal enhancements to its industry leading algorithm for equity markets, Dagger.

Morgan Stanley(NYSE:MS) shares gained 1.14% to $17.27 in the morning hour. The company  will offer a one-time cash bonus to several thousand brokerage-support personnel in its branches to compensate them for extra work on the tumultuous technology conversion for the business' nearly 17,000 financial advisers.

The bonuses, ranging from $1,500 for client service associates to $5,000 for service managers at brokerage complexes or clusters of branches that share administrative staff were to be announced by branch manager.

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