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…
Analysts expected XM Satellite (XMSR) to loss $.44 on $287 million in revenue. Revenue for the 2007 third quarter increased approximately 20 percent year over year to $287 million compared to $240…
Douglas A. McIntyre Below are the short positions for major companies traded on the Nasdaq as of October 15. The figures compare to numbers on September 28, 2007 Traders bet big on Sun’s turnaround, dropping…
CNBC just had some back to back coverage regarding Sirius Satellite Radio (NASDAQ:SIRI) and possibly of XM Satellite Radio (NASDAQ:XMSR). We’ve been closely monitoring this merger and it just seems that at…
Douglas A. McIntyre Below is the short interest for selected stocks traded on the Nasdaq. The figures are as of September 28 and compare to numbers as of September 14, 2007. Largest Short Positions Company …
The rent-a-temp CEO of XM Satellite (XMSR) does not sound like a man running a company about to be merged into Sirius (SIRI)."This is a business that has never made money, and…
Douglas A. McIntyre According to Bloomberg, The Justice Department has asked Sirius (SIRI) for more information related to its merger with XM Satellite Radio (XMSR) "They continue to ask for information," Karmazin said of the…
Douglas A. McIntyre According to Reuters, Goldman Sachs (GS) offered $1.5 billion for reinsurance broker Benfield Reuters writes that Alan Greenspan thinks the chance of a US recession is still below 50/50. Reuters reports that…
Short interest in several large Nasdaq traded companies fell sharply in September. The figures are calculated as of September 14 and are compared to numbers from August 15, 2007. Short interest in…