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…
Goldman Sachs has panned satellite radio stocks and maintained a cautious "Sell" on XM Satellite Radio (XMSR). What is interesting is that Goldman Sachs has also noted that its channel checks have…
Douglas A. McIntyre There is an interesting note out of Stanford Group Company’s Paul Gallant calling for the likely approval of the merger between Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR). …
Douglas A. McIntyre Rising short interest in tech stocks traded on Nasdaq shows the extent to which investors are willing to bet against the sector. The figures compare shares sold short as of January 31…
Sirius (SIRI) does not need competition from XM Satellite (XMSR), Apple’s (AAPL) iPod, or HD radio to put it out of business. The US government is doing the job nicely. While it…
Douglas A. McIntyre Based on the Nasdaq short interest in major stocks listed on the exchange as of December 31, shares short in most big tech companies fell. The numbers are compared to those on…
Shares in Sirius Satellite (SIRI) are trading down well over 6% today. There has not been any news, but the sell-off has moved the stock as low as $2.88. Has the market…
Douglas A. McIntyre Sirius (SIRI) announced that it ended the year with 8.3 million subscribers, a 38% increase. What it did not mention is that it also exited the year with about $1.3 billion in…
According to Reuters, Microsoft (MSFT) sold 4.3 million Xbox 360 video consoles in the last three months of the year, helped by its "Halo 3" game. Reuters writes that US auto sales…