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Service Stocks to Watch (Sirius XM Radio Inc., Ross Stores, Inc., YRC Worldwide Inc., The Buckle, Inc.)

Service Stocks to Watch

 



(EMAILWIRE.COM, August 23, 2010 ) New York, NY -Sirius XM Radio Inc. (NASDAQ:SIRI) lost 1.83% to $0.973 on over 116.63 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.

So far, the market capitalization of the stock stood at $3.78 billion.

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Ross Stores, Inc. (NASDAQ:ROST) dropped 0.93% to $48.81. Earlier this week, the company said that its second-quarter net income rose to $129.28 million, or $1.07 per share, from $103.41 million, or 82 cents per share, in the prior-year quarter. Revenue grew 8% to $1.91 billion from $1.77 billion.

Analysts, on average, expected the company to report earnings of $1.06 per share on revenue of $1.92 billion.

YRC Worldwide Inc. (NASDAQ:YRCW) soared 16.25% to $0.282 on over 86.23 million shares. Today, the stock opened at $0.24 and was trading within the range of $0.21-$0.29.

YRC Worldwide Inc. is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services.

The Buckle, Inc. (NYSE:BKE) fell 1.09% to $24.45. For the second quarter ended July 31, Buckle this week posted net income of $20.7 million, or 44 cents a share, compared with net income of $25 million, or 54 cents a share, a year ago.
Analysts on average expected the company, which caters to young adults, to earn 49 cents per share, according to Thomson Reuters.

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