Nasdaq released short interest in stocks listed on the exchange for the period ending November 15 compared to the numbers on October 31. Short sellers made substantial bets that some financial and…
In the current credit environment, there are several fairly big companies that could get in enough trouble that it would wipe out the common shareholders. The ones in the financial industry like…
The National Association of Broadcasters and all of its radio station members are against a merger of Sirius (SIRI) and XM Satellite (XMSR). They don’t want the satellite radio business to be…
Douglas A. McIntyre The Wall Street Journal came back to the XM Satellite (XMSR) merger with Sirius (SIRI) today. The paper thinks the prospect for the marriage may have improved. Some of the car companies…
Douglas A. McIntyre According to Reuters, the Fed’s decision to make an October rate cute was a "close call." Reuters writes that Paulson said home loan defaults will be much higher in 2008. Reuters writes…
SIRIUS Satellite Radio Inc. (NASDAQ:SIRI) announced that its stockholders voted to approve an amendment to its certificate of incorporation and the issuance of SIRIUS common stock to accomodate its merger with XM…
Douglas A. McIntyre Below is the short interest in certain stocks traded on Nasdaq. The figures are as of October 31 and compare to numbers posted on October 15, 2007 Largest Short Positions Company …
The good news is that the FCC sent detailed questionnaires to XM Satellite (XMSR) and Sirius (SIRI) about their businesses in contemplation of deciding the fate of the merger of the two…
Douglas A. McIntyre According to Reuters, Google (GOOG) launched a new mobile phone initiative with a number of handset makers and cellular carriers. Reuters writes that an analysts covering the financial industry expects more write-dwons…
Three days ago proxy advisory firm Glass, Lewis & Co. recommended shareholders of Sirius Satellite Radio (SIRI) and shareholders and XM Satellite Radio (XMSR) vote for a combination of the two satellite…
Douglas A. McIntyre Most days investors might get thrown into a stir when one of the most active stocks like Sirius Satellite Radio (NASDAQ:SIRI) has a "SELL" rating next to it, particularly if it comes…
Douglas A. McIntyre Analysts expected Sirius’s (SIRI) revenue to hit $244 million, which would be a 46% improvement over the same quarter last year. EPS expectations are for a loss of $.08 compared to a…
Douglas A. McIntyre Sirius (SIRI) earnings are, of course, secondary to questions about whether its merger with XM Satellite (XMSR) will be approved. The company’s shares are up 20% since its last earnings release and…
Douglas A. McIntyre Shares in XM Satellite (XMSR) should be trading in tandem with shares in Sirius (SIRI). They are, after all, planning to merge. For much of the year, the two stocks have traded…
Douglas A. McIntyre Sirius (SIR) has gone from being a market darling to one of the most maligned companies among those that the press follows with any regularity. The conventional wisdom is that the firm…
