Service Stocks in Focus (RSH, VCI, SIRI, GME)
Service Stocks in Focus
(EMAILWIRE.COM, August 02, 2010 ) New York, NY -RadioShack Corporation (NYSE:RSH) added 3.56% to $21.54 on over 3 million shares. Earlier this week, the company reported a higher quarterly profit as the electronics chain gained from higher sales of calling plans and recently launched mobile phones like Apple's (AAPL.O) iPhone 4.
The Fort Worth, Texas-based chain, which is trying to rebrand itself as "The Shack," said its second-quarter net profit rose to $53 million, or 41 cents a share, from $48.8 million, or 39 cents a share, a year earlier.
Valassis Communications, Inc. (NYSE:VCI) advanced 1.65% to $34.57 with over 1.06 million shares. Earlier this week, the company reported lower second quarter net earnings of $11.10 million or $0.21 per share versus $15.94 million or $0.33 per share a year ago.
Quarterly revenues increased 6.6% to $580.0 million from $544.0 million in the prior year quarter. Analysts polled by Thomson Reuters expected the company to earn $0.43 per share on revenues of $555.15 million, for the quarter.
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Sirius XM Radio Inc. (NASDAQ:SIRI) soared 4.04% to $1.03 on a volume of 34.54 million shares. Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system.
GameStop Corp. (NYSE:GME) advanced 1.57% to $20.05. GameStop Corp. is a retailer of video game products and personal computer (PC) entertainment software. The Company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise.
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The Fort Worth, Texas-based chain, which is trying to rebrand itself as "The Shack," said its second-quarter net profit rose to $53 million, or 41 cents a share, from $48.8 million, or 39 cents a share, a year earlier.
Valassis Communications, Inc. (NYSE:VCI) advanced 1.65% to $34.57 with over 1.06 million shares. Earlier this week, the company reported lower second quarter net earnings of $11.10 million or $0.21 per share versus $15.94 million or $0.33 per share a year ago.
Quarterly revenues increased 6.6% to $580.0 million from $544.0 million in the prior year quarter. Analysts polled by Thomson Reuters expected the company to earn $0.43 per share on revenues of $555.15 million, for the quarter.
To get FREE Stock newsletters, please sign up at http://www.otcblaze.com
Sirius XM Radio Inc. (NASDAQ:SIRI) soared 4.04% to $1.03 on a volume of 34.54 million shares. Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system.
GameStop Corp. (NYSE:GME) advanced 1.57% to $20.05. GameStop Corp. is a retailer of video game products and personal computer (PC) entertainment software. The Company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise.
About http://www.otcblaze.com
Our goal is to make money and help you make money too. We focus on stocks trading on the OTCBB and Pinksheets. We find that the opportunities in these markets to double or triple your investment in weeks, days or even hours is much greater than in other markets. We've seen it, we've done it, and now we want to help you get in on the action too. We do, on occasion, have some picks from the big boards too!!
Disclaimer
The disclaimer is to be read and fully understood before using our site or joining our email list.
PLEASE NOTE: The OTCBlaze.com employees are not Registered as an Investment Advisor in any jurisdiction whatsoever.
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Many times we are compensated to feature companies on our site which causes a conflict of interest.
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Tel: 732-229-0668
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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