By Spencer Osborne: It is mid-month and time to look at the expectations on auto sales as they relate to Sirius XM (SIRI) Satellite Radio. Sirius XM derives its most prominent exposure to consumers when a new car is purchased. Just under...Show More Summary
Things never get dull for the country’s lone satellite-radio provider. Shares of Sirius XM Radio Inc (NASDAQ:SIRI) moved lower this week, closing 2.3% lower to hit $3.01. The general market moved lower, and Sirius XM’s dip wasn’t as bad as the Nasdaq’s 2.7% tumble. There was more going on beyond the share-price gyrations, though. Sirius [...]
A lot happened in satellite radio these past few days.
By Scott Sacknoff (SPADE Investor): Let me not be the first to say that Reverse Morris Trusts (RMTs) are complicated. Over a year ago when the Liberty Media (LMCA) plan for a possible RMT with its Sirius XM (SIRI) stock was raised, I did some research to understand what an RMT was and whether it would be good or bad for investors. Show More Summary
By Stephen Faulkner: In many of my articles, including my most recent one, I have had to explain to a few upset investors why they should hope that Sirius XM's (SIRI) share price remains on the lower side. With Sirius XM having announced...Show More Summary
By Crunching Numbers: Ever since Sirius XM Radio (SIRI) announced its $2 billion share buyback, many investors have expected the share price to dramatically increase. And, many have been disappointed. Were such expectations justified...Show More Summary
The recently released data for U.S. auto sales has led investors to pay attention to various other sectors associated with it. March 2013 sales of 1.47 million units brought the total quarterly sales figure to 3.7 million units, leading to a 7% growth as compared to last year. This indicates some optimism for radio service [...]
The debut of MySXM is bigger than you probably think for the satellite radio provider.
By Stephen Faulkner: Due to some requests, I sat down today and began writing an article about a bunch of my own estimations for Sirius XM's (SIRI) Q1 conference call scheduled for April 30th. I quickly realized that this was a meaningless effort and really would not help investors prepare. Show More Summary
Editor’s note: Related tickers: Bank of America Corp (NYSE:BAC), Sprint Nextel Corporation (NYSE:S), Intel Corporation (NASDAQ:INTC), Yahoo! Inc. (NASDAQ:YHOO), Sirius XM Radio Inc (NASDAQ:SIRI) Since we are in the period when companies...Show More Summary
By Crunching Numbers: In two weeks Sirius XM Radio (SIRI) will be reporting first quarter earnings. While there are a few unknowns, it seems unlikely that there will be significant surprises in revenue or free cash flow. The reason these figures should be easily achieved is because the company's subscription model is highly predictable. Show More Summary
Editor’s note: Related tickers: J.C. Penney Company, Inc. (NYSE:JCP), U.S. Bancorp (NYSE:USB), Micron Technology, Inc. (NASDAQ:MU), Sirius XM Radio Inc (NASDAQ:SIRI), General Electric Company (NYSE:GE) In the stock market world, there is a race going between companies. The winners of this race are not just companies who manage to gain the most in terms of share [...]
That’s gross Christopher Chris Brown made a visit to Sirius XM radio in New York yesterday and decided that this would be a good way to pose for a photo opp. Hopefully he was just being silly and Rick Ross
Sirius XM Radio Inc (NASDAQ:SIRI) has won the latest legal tussle with its most magnetic on-air personality. A New York state appeals court is standing by a trial judge’s earlier ruling to toss out a $330 million lawsuit spearheaded by Howard Stern. Stern’s camp contends that his original contract featured subscriber bonuses that should have [...]
A lot happened in the satellite-radio world this past week.
Howard Stern is getting NO love, as his appeal for a lawsuit against Sirius XM Radio was denied in court earlier today! If this isn't exactly ringing a bell for you, let us refresh your memories. Back in 2011, Howard filed a lawsuit against the satellite station, claiming the company never gave him the bonuses he was [...]
SiriusXM and Breitbart News today announced a new limited-run six-week series: "Breitbart News Sunday with Stephen K. Bannon." Beginning April 14, the show will air Sundays from 7pm EDT to 10pm EDT through May 19 on SiriusXM Patriot (channel 125), also the home of Mark Levin, Sean Hannity and Glenn Beck. Show More Summary
Editor’s note: Related tickers: Rite Aid Corporation (NYSE:RAD), Sprint Nextel Corporation (NYSE:S), Pfizer Inc. (NYSE:PFE), Sirius XM Radio Inc (NASDAQ:SIRI). At the end of the week, we should take a look back and notice the performance of several stocks. Show More Summary
Going forward, we expect the growth to remain robust due to growing strength in the U.S. automotive market, Sirius XM’s sustained conversion rate, its expansion in the used-vehicle market and high quality radio programming.
The satellite radio provider comes up victorious -- again -- in a big lawsuit.