Fools, the panic of 2008 has created opportunities for long-term-focused investors...At first, I was greeted with some of my favorite Sirius music channels, like 1st Wave, on the air. Then I discovered that most of my favorite XM channels were gone...Obviously
XM Satellite in July, said it lost $4.88 billion, or $1.93 a share, compared with a loss of $119.6 million, or 8 cents a share, a year earlier when it stood alone as Sirius Satellite Radio. Sirius XM said that excluding the impairment charge, stock based
We're really not even in negotiating mode now," Boras said on XM Radio. "We're in the information-taking mode, trying to determine what the plan is for a variety of major-league teams coming in to the 2009 season. … I think [a team] publicizing an offer
It's hard to cite Sirius XM Radio Inc.'s most daunting challenge: Is it the $1 billion in debt payments, a bad economy or plummeting new-car sales, the satellite radio company's biggest avenue for new customers? And what about the next big threat, free
No matter how elegant new satellite radio players become, I can’t shake the notion that the technology will be remembered fondly years from now as this generation’s version of the CB radio. Perhaps I’m wrong, but I’ll be shocked if Sirius XM Radio, the
Directed Electronics unit said that it has entered into an agreement with Sirius XM Radio outlining key terms for winding down their business together by January 31, 2009, the expiration date of their current distribution agreement
The company, created by the combination of satellite radio companies Sirius and XM earlier this year, expects to end 2008 with 19.1 million subscribers and end 2009 with 20.6 million subscribers. It sees revenue of $2.7 billion in 2009 and $3 billion
While not all of these picks may pan out, they could be a good place to start further research...What this means for the solar, fuel cell, and other alternative energy players is that in order for them to be economically viable, is not only do they have...
ET Sirius XM was the Radioland stock of the day on Monday (Oct. 27) as the issue skyrocketed nearly 46% in value in midday trading, jumping up a dime, or more than 45%, to 40 cents a share at 1:10 p.m.. What exactly propelled the stock upward is anyone's
But a source, who was not authorized to speak publicly about the staffing situation, confirmed that the company was initiating layoffs. Staff reductions had been rumored since Sirius acquired District-based XM this summer in a deal valued at $3.3 billion