EdgeWater 10/13/2010 11:34:01 PM
News / Stocks

Service Sector Stocks Rallying (SIRI, YRCWD, CBS, DIS)

Servic Sector stocks

Sirius XM Radio Inc. (NASDAQ:SIRI) went up 2.22% to $1.38 on about 4.21 million shares. This morning, the company said that the growth of its new-subscriber tripled in the third quarter and is planning to sell up to $550 million in eight-year notes to institutional investors as it seeks to refinance shorter-term debt.

Over the past 52-week, the stock had traded within the range of $0.55-$1.40. The stock created its fresh 52-week high of $1.40.

YRC Worldwide, Inc. (NASDAQ:YRCWD) added 0.24% to $4.10. Yesterday, Morgan Keegan initiated its coverage on the stock with an Underperform rating.

The stock opened at $4.06 and is trading within the range of $4.05-$4.14. At current market price, the market capitalization of the company stands at $194.07 billion.

CBS Corporation (NYSE:CBS) gained 0.39% to $17.97. CBS Corporation is a mass media company with operations in Entertainment, Cable Networks, Publishing, Local Broadcasting and Outdoor segments.

The 52-week range of the stock is $11.40-$18.02. At current market price, the market capitalization of the company stands at $12.23 billion. The stock made its fresh 52-week high of $18.02.

The Walt Disney Company (NYSE:DIS) rose 0.93% to $34.80. The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company. The Company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media.

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