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Sirius XM Holdings Inc. (SIRI)

  • Feb. 4, 2013, 5:30 PM
    Notable earnings before Tuesday’s open: ACI, ACM, ADM, ADP, AGCO, AGN, ALLT, ARMH, ATK, BDX, BP, CAH, CHD, CSC, DLPH, DO, EL, EMR, ETN, K, MMP, NGPC, NRGY, NYX, OHI, SE, SEP, SIRI, TE, TM, UBS, UDR, VSH
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  • Jan. 23, 2013, 2:48 PM
    Three members of Sirius XM Radio's (SIRI -0.6%) board resign in an unsurprising development after the company lost control of itself to Liberty Media. Leon Black, Lawrence Gilberti, and Jack Shaw stepped down to be replaced by Liberty-affiliated Mark Carleton, Robin Pringle, and Charles Tanabe.
  • Jan. 18, 2013, 9:06 AM
    A new era for Sirius XM Radio (SIRI) officially launches with all eyes on how a battle between SIRI shorts and Liberty Media (LMCA) buybacks will play out. With automobile sales forecast to be strong in 2013, some analysts are starting to think the company could issue a guidance surprise to the upside when it reports on Q4 on February 5. SIRI +1.1% premarket.
  • Jan. 18, 2013, 3:24 AM
    The inevitable has finally happened and Liberty Media (LMCAD) has taken majority control of Sirius XM Radio (SIRI) by increasing its stake to 50.7% after acquiring 50M shares at $3.15 each. Liberty has said in the past that Sirius should improve its technology and expand internationally.
  • Jan. 9, 2013, 1:40 PM
    Sirius XM Radio (SIRI -0.2%) announces it ended 2012 with 23.9M subscribers, adding 2M net subscribers for the year. Looking forward, the company expects to see sales of $3.7B in 2013 and add another 1.4M subscribers. The company anticipates it will record EBITDA of over $1.1B during the year, and with free cash flow approaching $900M, more buybacks are anticipated.
  • Jan. 8, 2013, 11:13 AM
    Sirius XM Radio (SIRI) announces that the availability of its SiriusXM service will be widely expanded across the lineup of new Toyota vehicles. For some models, it will mark the first time they are equipped with SiriusXM.
  • Jan. 7, 2013, 3:10 PM
    The rally in Sirius XM Radio (SIRI -0.6%) isn't over just yet, according to SA author Little Apple. A rosy outlook for the automotive industry could add to the bullish tone as the company sees over 100M cars equipped with satellite radios by 2018. More buying from Liberty Media and a prominent buyback plan also add support.
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  • Jan. 3, 2013, 5:26 PM
    Liberty Media (LMCA) has won FCC approval to obtain de jure control of Sirius XM (SIRI). Liberty, which currently has a 49.8% stake in the satellite radio provider, says it expects to gain control of Sirius within the next 60 days. SIRI +1.3% AH.
  • Jan. 3, 2013, 10:19 AM
    Sirius XM Radio (SIRI +0.2%) might look just a bit more interesting to investors with General Motors, Ford, and Chrysler all posting solid sales numbers in December. Don't look now, but the stock that some bears swore last summer would never clear $2 again now trades for over $3 a share.
  • Dec. 19, 2012, 9:30 AM
    Sirius XM Radio (SIRI +0.2%) trades higher with word out that it found someone to call the shots for Mel Karmazin on an interim basis. An important backdrop for the company is where auto sales will come in at for December. Typically, the last week of the year is a big selling period, but the fiscal cliff paranoia adds a wildcard to the mix this year.
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  • Dec. 19, 2012, 7:10 AM
    Sirius XM Radio (SIRI) names James Meyer as its new interim CEO, effective immediately. The search goes on at the company for the full-time replacement to Mel Karmazin.
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  • Dec. 13, 2012, 1:27 PM
    Sirius XM Radio (SIRI +0.2%) extends an agreement with Hyundai for another three years. Hyundai customers will receive a 3-month SiriusXM subscription with the purchase of a new vehicle. The bigger issue: While the company finds its easy to find fresh customers through its association with manufacturers, watch the churn rate for the true story if profits will follow.
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  • Dec. 7, 2012, 10:33 AM
    Six of one, a half dozen of the other: Maxim says investors can buy either Sirius Radio XM (SIRI -0.2%) or Liberty Media (LMCA +0.2%) to benefit from the juiced-up returns SIRI will soon be churning out. While a Sirius buy is a pure-play approach, nibbling on Liberty shares is a way to diversify the investment across other media assets.
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  • Dec. 6, 2012, 8:17 AM
    Sirius XM Radio (SIRI) announces a $2B stock repurchase program and special cash dividend of $0.05 per share to be paid before the end of the year. SIRI +2.9% premarket.
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  • Dec. 5, 2012, 8:03 AM
    Sirius XM Radio (SIRI) moves up 1.5% premarket as traders keep evaluating the impact the Disney-Netflix deal will have on the company. SA author Stephen Faulkner predicted the reaction, calling the downward spike in SIRI yesterday off the Netflix news as overdone. His take on the complicated entanglement of Liberty Media, Starz, and Netfliz: "Both Sirius XM's and Starz's performance will impact Liberty Media's valuation, but Sirius XM and Starz do not affect each other."
  • Dec. 2, 2012, 3:22 PM
    Barron's takes a liking to Liberty Media (LMCA), citing the upcoming Starz spinoff which could unlock sum-of-parts value, and its huge stake in Sirius XM (SIRI). Analysts think SIRI could reach $3.50 within a year (+28%), and say LMCA has 20% upside.
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Company Description
Sirius XM Holdings Inc broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems.
Sector: Services
Country: United States