Tuesday, August 21, 2012

Sirius XM Retiring Debt

 Sirius Satellite Radio (SIRI) announced on August 21, 2012 that they are retiring $561.5 million in debt.

   That is a good sign of stability and the stock is selling for around  $2.60 a share at the open today.

   Many say that as the economy comes back, people want their satellite, commercial free radios.

   Volkswagen announced that they are now offering a free 3 month subscription to Sirius XM on all of the pre-owned vehicles sold.

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