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 According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors.…
Sirius and XM Satellite Radio were among the great cult stocks of the last decade. They were heavily traded and volatile. Investors expected their business to be the most important development in…
Douglas A. McIntyre Short selling is among the most controversial investment practices and has been blamed for sharp sell-offs in the stocks of a number of large companies, especially financial firms. Governments in both the US and…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) might not exactly seem like the most stable or improving company by any financial statement analysis on the surface. If that is really the case, then…
Douglas A. McIntyre Short sellers were figuring that after the bank rally late last month, banks shares were likely to give back some gains. That was working until Wells Fargo (WFC) reported that it would…
The market rise of the last two weeks has been described as a “sucker” or a bear market rally. One means about the same as the other. The premise is that the…
According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year. Reuters reports that Madoff pleaded guilty of 11 charges of…
It looks like the long-awaited tie up from Sirius XM Radio Inc. (NASDAQ: SIRI) and Apple Inc. (NASDAQ: AAPL) is happening. This opens up a much larger market for SIRIUS XM. The…
According to Reuters, Madoff will plead guilty. Reuters reports that most consumers do not expect any recovery until 2010. Reuters reports that Bernanke says new management at AIG (AIG) has curbed costs.…
Sirius XM Radio Inc. (NASDAQ: SIRI) and Liberty Media Corporation (NASDAQ: LINTA, LINTB, LCAPA, LCAPB, LMDIA) have announced the closing of the second and final phase of the John Malone rescue package.…
Douglas A. McIntyre Siruis (SIRI) may be in the process of successfully reorganizing it balance sheet, but it is still up against what appears to be deteriorating retail store sales. According to a new 24/7 Wall St.–Channel…
According to Reuters, the US government may take a 40% interest in Citigroup (C). Reuters reports that the Treasury is considering funding options for Chrysler and GM (GM). Reuters reports that a…
According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
