SIRIUS XM Radio Inc. (NASDAQ: SIRI) has extended its contract with CEO Mel Karmazin. Today, June 30, 2009, the company entered into an amendment to the amended employment agreement, dated November 18,…
Douglas A. McIntyre Many knew that the huge Russell rebalance stocks was creating huge selling in the names toward the end of last week. Yet on no news today we are seeing solid gains in…
Reuters: Bernanke denied putting pressure on Bank of America (BAC) over the deal to buy Merrill Lynch. Reuters:Â Â GM said a bankruptcy delay would destroy suppliers. Reuters:Â Â Nominees have started to emerge…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) has raised more cash through its XM Satellite Radio Inc. unit than it originally projected. We were looking for a raise of some $350 million, but…
Douglas A. McIntyre SIRIUS XM Radio Inc. (NASDAQ: SIRI) has announced this morning that its XM Satellite Radio Inc. wholly owned indirect subsidiary is offering $350 million in principal amount of Senior Secured Notes. What…
Douglas A. McIntyre The Russell 3000 Index is being rebalanced and many cult stocks with low share prices that have a wide following and high trading volume are getting booted off the index. Beacon Power…
SIRIUS XM Radio (NASDAQ: SIRI) subscribers are only hours away from the launch that will allow the satellite radio monopoly subscribers to access content via the iPhone from Apple Inc. (NASDAQ: AAPL). …
After looking through the short interest changes for the end of May. We saw unusual gains in short selling increases in Dendreon Corporation (NASDAQ: DNDN), DryShips Inc. (NASDAQ: DRYS), E*TRADE Financial Corp.…
Over the past week, the 24/7 Wall St.–The Channel Checkers poll surveyed Ford dealerships to gauge business trends at the ten retailers. We asked the following questions: 1. What is the best selling vehicle currently? 2. Are…
Reuters:Â Â Global consumer confidence is improving. Reuters:Â Â GM (GM) filed for Chapter 11 and expects a quick exit. Reuters:Â Â Most US retailers probably had sales drop in May. Reuters:Â Â China gave Geithner…
In most years, shareholder meetings are not full of much change. This year has been very different in that manner, and SIRIUS XM Radio Inc. (NASDAQ: SIRI) just sealed its share fate…
Douglas A. McIntyre SIRIUS XM RADIO INC. (NASDAQ: SIRI) submitted an SEC Filing today noting a significant forfeiture on the surface. CEO Mel Karmazin voluntarily forfeited an aggregate of 30,000,000 non-qualified options to purchase shares…
Douglas A. McIntyre Several of the best-funded and most-publicized tech launches of the last ten years have ended in failure. Many large technology companies which had significant market share and product advantages in large industries…
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters…
SIRIUS XM Radio (Nasdaq: SIRI) posted a pro forma revenue gain of 5% from last year of $605.5 and posted $108.8 million in pro forma adjusted income from operations (up $179 million…
Douglas A. McIntyre 