On Thursday morning, we'll get our first real earnings conference call out of Sirius Satellite Radio, Inc. (NASDAQ: SIRI) on a post-XM merger basis. Last week we got some of ... Read Full Story »
At the end of 2005, shares in Sirius (SIRI) were $7.87. At the end of 2006, they had fallen to $3.90. They now trade at $1.46. Seeing the stock price ... Read Full Story »
Mel Karmazin of Sirius Satellite Radio Inc. (NASDAQ: SIRI) came on CNBC this morning defending the combined Sirius-XM in an exclusive with David Faber. This has shares somewhat higher by ... Read Full Story »
SIRIUS Satellite Radio, Inc. (NASDAQ: SIRI) has finally completed its merger with XM Satellite Radio (XMSR). In fact, SIRIUS is the only surviving stock now as XM doesn't trade any ... Read Full Story »
Jim Cramer came out tonight on CNBC's MAD MONEY discussing his trade idea for the satellite radio merger approval. This is to focus on the current situation and pitfalls for ... Read Full Story »
The FCC, after one-and-half years of deliberation, finally approved the merger between XM Satellite (XMSR) and Siruis (SIRI). It does not matter much. The business is dying. (more…) ... Read Full Story »
It has been known that mandatory debt refinancing was coming down the pipe for both XM Satellite Radio Inc. (NASDAQ: XMSR) and for Sirius Satellite Radio inc. (NASDAQ: SIRI). We ... Read Full Story »
XM Satellite Radio Holdings Inc. (Nasdaq: XMSR) and SIRIUS Satellite Radio (Nasdaq: SIRI) have come out with a release confirming that the companies are in discussions with the Enforcement Bureau ... Read Full Story »
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts.Reuters reports that Ford (F) wil keep its small pick-up plant open for two years. (more…) ... Read Full Story »
According to Reutere, Yahoo! (YHOO) profits were down, but the company maintained its full-year forecast.Reuters reports that Wachovia (WB) posted huge write-offs and losses for the last quarter.Reuters writes that ... Read Full Story »
Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) just saw shares tank intra-day. The Wall Street Journal has reported that an FCC member has voted against the ... Read Full Story »
Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. ... Read Full Story »
Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR) are both trading higher pre-market on reports that the last FCC commissioner will back the merger if ... Read Full Story »
Short sellers seems to think the either the merger between Sirius (SIRI) and XM Satellite (XMSR) will not go through or that it will be too late for the financially ... Read Full Story »
The short interest in most financial and industrial companies rose sharply for the period ending June 30. Shares sold short in Washington Mutrual (WM) rose 21.6 million to 276.4 million. ... Read Full Story »