BUZZ-Sirius XM Canada Holdings Inc: Hits lowest in over 2 months

Tue Apr 26, 2016 2:13pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Satellite radio service provider's shares down 9.3 pct at C$4.17; hit more than 2-month low of C$4.06

** Company's unit, Sirius XM Radio Inc, demands $33.9 mln activation fees under XM license agreement from 2005 to January 2016

** Company says Sirius XM Radio also demands for its methodology to be used for calculating fees from February onwards

** Up to Monday's close, stock had fallen 23 pct in 12 months