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Sirius XM Officially Announces SkyDock

Mon, 02 Nov 2009 16:32:09 GMT

The XM SkyDock has been available for a couple of weeks now and those fortunate enough to have one already know how awesome it is. Today Sirius XM officially released a press release for the SkyDock, letting everyone know that it is available in retail stores across the country.[More...]

Sirius XM (SIRI) And The Potential Reverse Split

Thu, 08 Oct 2009 13:36:36 GMT

As readers are well aware, NASDAQ delisting notices have recently been forwarded to companies that are not in compliance with the $1 minimum bid requirement for continued listing on the exchange. On August 3rd, the minimum bid rule, which had been suspended since 2008, went back into effect.[More...]

Sirius XM (Nasdaq: SIRI) To Cover 2009-2010 NHL Season

Sat, 03 Oct 2009 21:33:54 GMT

Sirius XM Radio will offer listeners comprehensive coverage of the 2009-2010 NHL season with an extensive schedule of live play-by-play of NHL games and daily hockey talk on the NHL Home Ice channel.[More...]

SiriusBuzz Takes Satellite Radio To A New Level

Tue, 22 Sep 2009 13:54:56 GMT

SiriusBuzz is proud to announce some sweeping changes that will be happening on this site. For years, I have written under the pen name Tyler Savery and have covered satellite radio from an investors as well as a consumers perspective. SiriusBuzz has always been more concentrated on detailed reporting of the equity side of satellite radio. Today that changes.[More...]

August Auto Sales Up – What It Means For Sirius XM (Nasdaq: SIRI)

Wed, 02 Sep 2009 15:36:15 GMT

August 2009 brought with it the peak in auto sales in the United States. For satellite radio, which relies heavily on the auto sector for subscribers, the news may bring a sigh of relief, but there are many things to consider.[More...]

Sirius XM (SIRI) Releases iPhone SkyDock

Wed, 26 Aug 2009 18:36:00 GMT

Sirius XM came out today with a new hardware line-up that takes their retail efforts to a new level, while at the same time bulking up their Internet Radio service. The new hardware and accessories have been highly anticipated because they enable iPhones and the iPod Touch to become satellite radios, thus offering a dual capability. For consumers the release of these accessories will allow users to maximize their programming experience through one device. Instead of carrying around a phine, as well as a portable satellite receiver, users can find virtually all of their media in one place.[More...]

Sirius XM (Nasdaq: SIRI) Announces New Tabletop Internet Radio

Wed, 26 Aug 2009 16:13:14 GMT

Sirius XM Radio announced a new tabletop radio designed to bring the best out of the Internet radio offerings of the company. The all new tabletop Internet Radio makes it easy to enjoy SIRIUS XM’s online programming in the home or office without the need for a computer. This concept promises to make Sirius XM’s Internet radio service more appealing, as the device can be placed anywhere, and will match virtually any decor.[More...]

Liberty Media Buys $50 Million In Senior Secured Notes

Wed, 26 Aug 2009 14:08:40 GMT

In an SEC filing yesterday, it was announced that Liberty Media purchased $50 million of Sirius XM radio’s latest debt offering. The company issued $257 million in senior securred notes earlier this month to pay of the $250 million Liberty Media term loan. In the offering, Liberty Media purchased $50 million of the senior secured notes which are due in 2015. The move by Sirius XM eases cash flow issues, and paves the way for much more financially friendly terms. Prior to this offering, Sirius XM had done a $500 million dollar deal to take refinance the XM debt. Liberty purchased $100 million worth in that offering.[More...]

Sirius XM (Nasdaq: SIRI) SkyDock Already Getting Misrepresented

Fri, 21 Aug 2009 18:10:31 GMT

The SkyDock will be announced by Sirius XM next week, but already there is some basic confusion surrounding the dock and what its purpose would be. That is understandable given the high degree of secrecy that Sirius XM Radio has with regard to these latest product offerings. We can deal with speculation, and what we know. The issue comes when people begin to speculate without first gaining and understanding of what is known. In an article today, Motley Fools Rick Munarriz penned a piece which takes the SkyDock into a direction that was never intended. Munarriz makes the assumption that the goal of the[More...]

The Leash Is Off Sirius XM (NASDAQ: SIRI)

Thu, 20 Aug 2009 16:37:34 GMT

Even as I pen this article, the price of Sirius XM is moving up, and there appears to be nothing holding it back. Add to this some upcoming events that will be happening, and we see a big chance for Sirius XM to not only appreciate its share price, but to maintain it as well. As with anything, we have to deal with reality and perception. What is happening is that those two factors are coming into alignment. Over the next two to three weeks, there are several factors that investors should consider regarding Sirius XM. NEW HARDWARE On August 26, 2009 Sirius XM will be announcing new hardware that will include accessories for the iPhone. Details of these accessories[More...]

Hasselbeck says three kids are enough

Thu, 29 Oct 2009 15:52:00 GMT

Hasselbeck says three kids are enough[More...]

Listed Developers Post Record Presales

Fri, 23 Oct 2009 21:49:00 GMT

Oct. 23--The top five listed developers posted record presales in the third quarter, according to estimates by Asia Plus Securities.
The five accounted for 68 percent of all housing sales posted in the third quarter by the 13 listed developers on the Stock Exchange of Thailand.
The five are Land & Houses Plc (LH), Preuksa Real Estate Plc (PS), Sansiri Plc (SIRI), Asian Property Development Plc (AP) and Quality Houses Plc (QH).

[More...]

Sansiri to Double Registered Capital

Mon, 28 Sep 2009 16:51:00 GMT

Sep. 28--The SET-listed developer Sansiri Plc plans to double its registered capital to 12.612 billion baht this year by issuing new shares, says president Srettha Thavisin.
The issue of 1.473 billion shares will be offered on a private placement (PP) basis with a par value of 4.28 baht apiece.
The company's paid-up capital will increase to 12.612 billion baht from 6.307 billion.

[More...]

Sirius matches forecasts with 2Q loss

Thu, 06 Aug 2009 13:55:00 GMT

NEW YORK - Satellite-radio operator Sirius XM Radio Inc. said Thursday its second-quarter loss widened to $157.4 million as one-time charges offset growing revenue.
Its "churn," or customer turnover rate, climbed to 2 percent from 1.7 percent.
But those results did not yet reflect its July 2008 acquisition of XM Satellite Radio Holdings Inc. Sirius also had more shares outstanding in the second quarter of 2009.

[More...]

Purina exec indicted for alleged fraud

Fri, 24 Jul 2009 00:00:00 GMT

Purina exec indicted for alleged fraud[More...]

Sirius XM's Subscriber Drain

Fri, 08 May 2009 15:48:00 GMT

Investors put up with financial losses at Sirius XM so long as it and predecessor companies were posting subscriber growth.
But now the satellite radio provider is contending with losses in both areas, and investors mind a great deal.
On May 7, Sirius XM (SIRI) said it lost 404,000 subscribers, or 2% of its user base, in the first quarter, the first-ever quarterly loss in satellite radio history.

[More...]

Sirius XM Radio posts $236M loss for 1Q

Thu, 07 May 2009 14:57:00 GMT

The slump in the U.S. auto industry helped send Sirius XM Radio Inc. to a loss of $236.6 million in the first quarter and its first-ever quarterly decline in net subscriber additions.
But the satellite radio company, whose personalities include shock jock Howard Stern, also said it has enough access to financing and cash generated from operations to meet its debt obligations this year and in 2010.
The loss was larger than the $104.1 million that Sirius reported as a standalone company in the first quarter a year ago.

[More...]

Sansiri to Issue New Bonds When Needed

Thu, 30 Apr 2009 18:49:00 GMT

Apr. 30--Even with 2 billion baht in cash in hand, Sansiri Plc (SIRI) has received shareholders' approval to issue debentures of up to three billion baht for future investment, president Srettha Thavisin said yesterday.
"It may be new plots for condominium development as we have no plots remaining for new condominiums."
It now plans to launch only low-rise projects including single houses at three sites -- on Pracha Chuen Road, the Bang Na-Onnuj area and Rama II Road -- and townhouses in the Rarm Intra area.

[More...]

Sirius XM Radio planning to stream to iPhone, iPod - Mar 12 2009 7:57PM

Thu, 12 Mar 2009 23:52:00 GMT

Financially struggling Sirius XM Radio Inc. is planning to stream its subscription radio service to the iPhone and iPod Touch devices from Apple Inc. beginning this spring.
"We've been testing a number of initiatives to make the Sirius XM content and experience more ubiquitous," said Jim Meyer, president of operations and sales at New York-based Sirius.
By streaming its music, sports and talk channels to users of the iPhone and iPod Touch, Sirius can give its existing subscribers another way to access content and let new customers sign up without buying new radios, CEO Mel Karmazin said.

[More...]

Sirius XM Radio planning to stream to iPhone, iPod - Mar 12 2009 2:03PM

Thu, 12 Mar 2009 17:58:00 GMT

Financially struggling Sirius XM Radio Inc. is planning to stream its subscription radio service to the iPhone and iPod Touch devices from Apple Inc. beginning this spring.
"We've been testing a number of initiatives to make the Sirius XM content and experience more ubiquitous," said Jim Meyer, president of operations and sales at New York-based Sirius.
By streaming its music, sports and talk channels to users of the iPhone and iPod Touch, Sirius can give its existing subscribers another way to access content and let new customers sign up without buying new radios, CEO Mel Karmazin said.

[More...]

Audit Integrity Announces Results of Corporate Bankruptcy Study; Identifies Companies Most Likely to Declare Bankruptcy

Wed, 16 Sep 2009 13:46:00 GMT

In response to amplified concern in the market for risk related to corporate insolvency, Audit Integrity, an independent financial research and risk modeling firm, today released the results of its bankruptcy model research and has identified 20 corporations, with $1 billion or more in market capitalization, that have the highest probability of declaring bankruptcy in the next twelve months.
With the increased incidence of company failures, corporate stakeholders such as insurance companies, auditing professionals, procurement executives and regulators, find corporate survival to be a critical risk issue.
Against the most widely used bankruptcy model, the Altman Z-Score, the Audit Integrity bankruptcy Risk Model results have been more than 20 percentage points higher in predicting bankruptcy.

[More...]

SIRIUS XM Radio Pays Tribute to Senator Edward M. Kennedy

Wed, 26 Aug 2009 18:59:00 GMT

SIRIUS XM Radio today announced that it is paying tribute to Senator Edward M. Kennedy across multiple talk channels, offering news coverage, reflections on the Senator's life and times, and taking calls from listeners across the country.[More...]

Quentin Tarantino To Debut His Personal Music Playlist on Little Steven's Underground Garage Channel on SIRIUS XM Radio

Thu, 20 Aug 2009 21:40:00 GMT

SIRIUS XM Radio announced today that Academy Award-winning filmmaker Quentin Tarantino will share his personal music playlist with SIRIUS XM listeners during a special that is scheduled to debut on Little Steven's Underground Garage, SIRIUS channel 25 and XM channel 59, on Friday, August 21 at 3:00 pm ET.[More...]

SIRIUS XM Radio Prices Offering of Senior Secured Notes Due 2015

Thu, 13 Aug 2009 20:48:00 GMT

SIRIUS XM Radio priced an offering of $257,000,000 of Senior Secured Notes due 2015.[More...]

SIRIUS XM Radio Intends to Offer $250 Million of Senior Secured Notes Due 2015

Wed, 12 Aug 2009 21:53:00 GMT

SIRIUS XM Radio today announced that it intends to offer $250 million aggregate principal amount of Senior Secured Notes due 2015 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S under the Securities Act.[More...]

2009 PGA Championship to Air Nationwide on SIRIUS XM Radio

Wed, 12 Aug 2009 13:56:00 GMT

SIRIUS XM Radio announced today that it will broadcast the 91st PGA Championship, golf's fourth and final major championship of 2009, this Thursday, Aug. 13, through Sunday, Aug. 16, on XM channel 146 and SIRIUS channel 209 with the 'Best of XM' programming package.[More...]

SIRIUS XM Radio to Launch The Woodstock Channel in Celebration of Woodstock's 40th Anniversary

Fri, 07 Aug 2009 17:55:00 GMT

SIRIUS XM Radio announced today that it will launch The Woodstock Channel to celebrate the 40 anniversary of the Woodstock Music & Art Fair held at Max Yasgur's farm in Bethel, New York in 1969.[More...]

Skymark Research Initiates Complimentary Research Coverage On Sirius XM Radio, Inc.

Thu, 06 Aug 2009 13:26:00 GMT

Skymark Research, a leading provider of small- and micro-cap independent investment research, today initiated coverage on Sirius XM Radio, Inc.. Skymark Research is currently offering a complimentary trial subscription. To view our research go to: www.skymarkresearch.com[More...]

SIRIUS XM Radio Reports Second Quarter 2009 Results

Thu, 06 Aug 2009 10:56:00 GMT

SIRIUS XM Radio today announced second quarter 2009 financial and operating results, including $132 million in adjusted income from operations, marking the company's third consecutive quarter of positive adjusted income. The company also announced a 28% decrease in total cash operating expenses since the merger of SIRIUS and XM one year ago. SIRIUS XM also increased its full-year 2009 guidance for adjusted income from operations to over $400 million from over $350 million.[More...]

NI Technology Updates Outlooks for Cisco Systems, Avnet, Sirius XM Radio, and Towerstream

Tue, 04 Aug 2009 13:54:00 GMT

Next Inning Technology Research , an online investment newsletter focused on semiconductor and technology stocks, announced it has updated outlooks for Cisco Systems , Avnet , Sirius XM Radio and Towerstream .[More...]