Several media reports say that the merger of satellite radio companies Sirius (SIRI) and XM (XMSR) will be approved based on FCC staff recommendations. Once that process is done, there will be…
Douglas A. McIntyre According to Reuters, AIG (AIG) fired its CEO and replaced him with the company’s chairman. Reuters reports that Carl Icahn says the Yahoo! (YHOO) deal with Google (GOOG) has merit. Reuters writes…
For almost two years, the focus on Sirius (SIRI) and XM Satellite (XMSR) has been on whether they would craft a merger and then whether it would be approved. The FCC has…
Douglas A. McIntyre According to Reuters, InBev made $46.3 billion offer for Anheuser-Busch (BUD). Reuters reports that AIG (AIG) shareholders are demanding board changes. Reuters writes that the GM (GM) Europe sales chief sees a…
A look at short interest for stocks traded on the Nasdaq as of May 30 show that traders moved into Yahoo! (YHOO) and out of Sirius (SIRI) Shares short in Yahoo! rose…
The artful dodger FCC chairman Kevin Martin hit the airwaves on CNBC today, When he was asked about the merger between Sirius (SIRI) and XM Satellite (XMSR) he said the the FCC…
Douglas A. McIntyre For those who have not noticed, Sirius (SIRI) and XM Satellite (XMSR) are trading near multi-year lows. That is odd since many investors believe that the FCC will approve their merger. The…
Douglas A. McIntyre According to Reuters, Yahoo! (YHOO) rejected a tie up with Google (GOOG) before the Microsoft (MSFT) bid. Retuers writes that loses may force Lehman (LEH) to raise another $3.4 billion. Reuters reports…
Short sellers moved out of Microsoft (MSFT) based on data as of May 15 compared with numbers on April 20. Short interest in the software company fell by 25 million shares to…
Sirius (SIRI) has been waiting for approval or rejection of its merger with XM Satellite (XMSR) by the FCC since the Stone Age. That could change. The agency is hinting a decision…
Goldman Sachs has issued a research report noting that Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are likely going to need to raise capital. The note projects that…
Douglas A. McIntyre Some of the fat cats in the Senate think that the Sirius Satellite (SIRI) merger with XM Satellite might be OK if the combined company would give up a large portion of…
Douglas A. McIntyre According to Reuters, the Fed lower growth expectations and noted rising inflation. Reuters writes that AMR (AMR) will sharply cut the number of routes its serves and take certain planes out of…
Over the last few weeks several state attorneys general have come out against the merger of Sirius (SIRI) and XM Satellite Radio (XMSR). There has also been talk of a new competitor…
This afternoon we saw earnings out of Sirius Satellite Radio Inc. (NASDAQ: SIRI) and we saw earnings from XM Satellite Radio (NASDAQ: XMSR) this morning before the open. Unfortunately, it looks like…
Douglas A. McIntyre 