Midday Briefing: Tech Companies in the News for July 9 - Sirius, Microsoft, Nokia, Sprint, Clearwire

 Midday Briefing: Tech Companies in the News for July 9 - Sirius, Microsoft,
                           Nokia, Sprint, Clearwire

PR Newswire

CORAL SPRINGS, Florida, July 9, 2013

CORAL SPRINGS, Florida, July 9, 2013 /PRNewswire/ --

FinancialNewsMedia.com issues market news updates for today's active tech
companiesSirius XM Radio (NASDAQ: SIRI), Microsoft Corp. (NASDAQ: MSFT), Nokia
Corp (NYSE: NOK), Sprint (NYSE: S) and Clearwire (NASDAQ: CLWR)

Sirius XM Radio today announced that it added 715,000 net new subscribers in
the second quarter, bringing its total subscribers to more than 25 million.
Strong automotive sales helped drive 15% growth in net additions over the
second quarter of 2012 and set a post-merger record for quarterly net
subscriber additions. The Company also announced that it was raising full-year
guidance for total net subscriber additions to 1.5 million from its previous
guidance of 1.4 million. As of mid-day SIRI has traded over 44.1Million

Microsoft Corp. announced today it will publish fiscal year 2013
fourth-quarter financial results after the close of the market on Thursday,
July 18, 2013 on the Microsoft Investor Relations website at
http://www.microsoft.com/investor. A live webcast of the earnings conference
call will be made available at 2:30 p.m. Pacific Time on the Microsoft
Investor Relations website at http://www.microsoft.com/investor.  As of
mid-day MSFT was up slightly trading over 12Million Shares.

Nokia Corp News: HERE, a Nokia business, today announced the upcoming global
release of HERE Drive+ for all Windows Phone 8 smartphones. This move will
extend the benefits of HERE Drive+ beyond Nokia Lumia devices to help more
people navigate their lives with ease and confidence. HERE Drive+ provides
access to global world-class voice-guided turn-by-turn navigation with true
offline maps, enabling people to reach their destination safely even without a
data connection.  "With the global release of HERE Drive+ for all Windows
Phone 8 devices we will further extend our HERE business and deliver on our
promise of making HERE experiences available for as many people as possible.
The more people are using our location offering the better it will get for
everyone," said Thom Brenner, vice president, Windows Phone applications,
HERE. "At the same time this release also demonstrates our commitment to
further strengthen the Windows Phone ecosystem with our maps assets."

Sprint today announced the successful completion of its transaction to acquire
100 percent ownership of Clearwire. The merger agreement was first announced
on December 17, 2012 and Clearwire shareholders approved the transaction at a
special meeting of stockholders held on July 8, 2013. The transaction closed
and became effective today.  At the effective time, each share of Class A
common stock of Clearwire automatically converted into the right to receive
$5.00 per share in cash. As a result of the completion of the transaction, the
common stock of Clearwire will no longer be listed for trading on the NASDAQ
stock exchange and Clearwire expects no further trading after the close of
business on July 9, 2013.

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