The Department of Justice has now cleared the deal for Sirius (NASDAQ: SIRI) to merge with XM Satellite Radio (NASDAQ: XMSR). The reaction was muted. Sirius stock rose to $3.15. It was…
According to Reuters, the Justice Department has approved the Sirius (SIRI) merger with XM Satellite (XMSR). Reuters writes that JP Morgan (JPM) raised its offer for Bear Stearns (BSC) and took a…
By now you have already seen the Department of Justice approval of the merger between Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR). Jim Cramer came on CNBC’s MAD…
Douglas A. McIntyre The Department of Justice has reportedly cleared the satellite radio merger where Sirius Satellite Radio (NASDAQ: SIRI) will be able to acquire XM Satellite Radio (XMSR) in its pending merger. This still…
Douglas A. McIntyre The FCC says it is getting closer to announcing its opinion of the Sirius (NASDAQ: SIRI) merger with XM Satellite (NASDAQ: XMSR). That may not be good news. The commission may turn…
Douglas A. McIntyre Mel Karmazin, CEO of Sirius Satellite Radio Inc. (NASDAQ: SIRI), has commented at the Bear Stearns Media Conference that he continues to be "very optimistic" over receiving proper regulatory approval for its…
Douglas A. McIntyre Several brands which were extremely powerful during the last few decades are about to disappear. Many of them no longer drive big sales. Some are a part of companies that are in…
24/7 Wall St. spoke to Rep Gene Green of Texas. He is Congress’s most vocal opponent of the Sirius (NASDAQ: SIRI) merger with XM Satellite (NASDAQ: XMSR). He has been vilified by…
Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) hav extended their merger agreement to May 1, 2008. As a reminder, Jim Cramer recently called out all the congressmen that…
Douglas A. McIntyre XM Satellite Radio just posted earnings of a net loss of $239 million on a 20% rise in revenues to $308 million. The net loss on an EPS basis was -$0.78 EPS,…
Douglas A. McIntyre The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January…
Sirius Satellite Radio (NASDAQ: SIRI) has posted earnings, and it showed -$0.11 EPS and $249.8 million in revenues. First Call had estimates at -$0.13 EPS and $267.4 million in revenues. It also…
Douglas A. McIntyre Jim Cramer came back from vacation and on CNBC’s MAD MONEY, he slammed Congress for taking more than a year now for holding up the Sirius Satellite Radio (NASDAQ: SIRI) and XM…
Douglas A. McIntyre Next week we are getting dual earnings reports out of Sirius Satellite Radio (NASDAQ: SIRI) and from XM Satellite Radio (NASDAQ: XMSR). We are also waiting for a Department of Justice approval…
Douglas A. McIntyre Most stocks trading under $10 probably traded much higher at one point or another. Trading below that price point is usually not a badge of honor. But, inexpensive stocks often make huge…
