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Sirius XM Holdings Inc. (SIRI)

- NASDAQ
  • Oct. 31, 2012, 5:30 PM
    Notable earnings before Thursday’s open: ABC, ABX, ADP, ALKS, APA, AVP, BCE, BYD, CI, CNSL, CTRX, CVC, DLPH, DX, EL, EPD, ESV, EXC, FIRE, GAS, GNC, GTLS, HEP, HSH, INCY, ITRI, IVZ, K, LLL, MPC, NGLS, NIHD, OCN, PEG, PFE, PXP, RDN, RGLD, SE, SIRI, SNE, SPR, TDC, TE, TEVA, UPL, UTHR, VNR, WNR, WPI, XOM, XYL
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  • Oct. 26, 2012, 8:46 AM
    Sirius XM Radio (SIRI) edges up 0.4% premarket after a scare Apple was entering the Internet radio scene threw shares off kilter late in the day yesterday. When push comes to shove, the report was a rehash of previous news and Sirius XM Radio is considered by a majority of analysts as well-positioned to meet the challenge.
    | 1 Comment
  • Oct. 25, 2012, 3:35 PM
    Sirius XM Radio (SIRI -3.1%) spikes lower with news out Apple will enter its space with an Internet radio servive. The company that will soon be pulling the reins with Sirius, Liberty Media (LMCA -1%), is also tilting lower.
    | 29 Comments
  • Oct. 24, 2012, 1:33 PM
    The buzz behind the satellite radio airwaves is that Sirius XM Radio (SIRI +1.6%) star personality Howard Stern could leave the company with longtime supporter Mel Karmazin easing out of the CEO's office. Will Pandora (P -5.5%) try to shake up its lineup by making a play for the "King of All Media?"
    | 26 Comments
  • Oct. 24, 2012, 6:51 AM
    The board of Sirius XM Radio (SIRI) forms a search committee to find a replacement for the outgoing Mel Karmazin. The quick readthrough by RBC Capital analyst David Bank of the retirement of Karmazin is that the Sirius could take on more debt and increase its leverage, the game plan Liberty Media's John Malone (LMCA) used with DirecTV.
    | 6 Comments
  • Oct. 23, 2012, 4:19 PM
    Sirius XM Radio (SIRI) CEO Mel Karmazin will step down as CEO of the company on February 1, 2013. The exec will also leave the Board of Directors at that time. SIRI -1.1% AH.
    | 6 Comments
  • Oct. 10, 2012, 1:45 PM
    Dead Mel talking? Sirius XM Radio (SIRI +2.5%) CEO Mel Karmazin presented at the Liberty Media conference today (webcast), in perhaps one of his final public appearances at the helm. The exec tipped off that the company expects FY12 revenue of $3.4B - roughly in-line with the estimates of analysts. Net subscribers are on the move, with the latest estimate for FY12 now pegged at 1.8M after the satellite radio player added 446K subscribers in Q3.
    | 7 Comments
  • Oct. 2, 2012, 2:04 PM
    The FCC announces that any parties that oppose Liberty Media's (LMCA +0.7%) proposal to take over Sirius Radio XM (SIRI +2.7%) have until November 1st to file their initial protest with the agency. With the merger now all but imminent, shares of SIRI have ripped to a 4-year high today, helped in part by BofA's Jessica Reif Cohen who launched coverage with a Buy rating on the "compelling" stock.
    | 4 Comments
  • Sep. 27, 2012, 9:24 AM
    The FCC just granted AT&T (T) a big request by allowing the spectrum-obsessed carrier to use 20 MHz. of nationwide spectrum in the 2.3 GHz. (WCS) band to deploy 4G services. AT&T, which has acquired WCS spectrum from NextWave Wireless and others, paved the way for the FCC's ruling by addressing concerns from Sirius XM (SIRI), which owns spectrum in an adjacent band, about potential interference.
    | 5 Comments
  • Sep. 20, 2012, 10:29 AM
    Liberty Media (LMCA -1.1%) CEO John Malone tells the audience at the Goldman Sachs Communacopia Conference that the company's stake in Sirius XM Radio (SIRI -1.2%) is close to 49.6% as it stands tantalizingly close to gaining full control of the company. Naturally, one of the questions to the exec has to do with the fate of Mel Karmazin which he shrugs off by indicating a Mel-less Sirius would do just fine. (webcast)
    | 1 Comment
  • Sep. 17, 2012, 5:48 PM
    Liberty Media (LMCA) moves a step closer to full control after it converts around 6.25M shares of Sirius XM (SIRI) B-1 preferred stock, giving it 49.5% stake in SIRI. LMCA +1.2%.
    | 3 Comments
  • Sep. 13, 2012, 6:48 AM
    Liberty Media (LMCA) considers its options as it nears full control of Sirius XM Radio (SIRI). Shareholders hoping for a quick spinoff of the satellite radio company may have to wait a bit with Liberty Media CEO Greg Maffei saying "no rush" exists.
    | 1 Comment
  • Sep. 12, 2012, 8:41 AM
    Liberty Media (LMCA) takes another small step to controlling Sirius XM (SIRI), buying another 31M shares at $2.49 each and increasing its stake to 49.7% from 49.2%. Based on Sirius' close of $2.50 yesterday, Liberty only needs to spend another $50M or so to breach 50%, although it's still awaiting approval from the FCC to take outright control.
    | 9 Comments
  • Sep. 7, 2012, 1:50 PM
    It's not just Pandora that should be worried about the competitive threat of Internet radio from Apple, Sirius XM Radio (SIRI -1%) could also lose customers. Though non-music content such as Howard Stern and NFL football will keep Sirius attractive to consumers, the question of just how far into the space Apple will delve looms as an overhang.
    | 1 Comment
  • Aug. 29, 2012, 4:56 AM
    Liberty Media (LMCA) inches ever closer to obtaining full control of Sirius (SIRI), increasing its stake in the satellite radio company over the last few days to 48.8% from 48.1% by acquiring 40M shares for $2.53 each. The purchases come as Liberty awaits FCC approval to take control of Sirius.
    | 1 Comment
  • Aug. 24, 2012, 8:09 AM
    Shares of Sirius XM Radio (SIRI) have had a nice little run, supposedly helped in part by the expectation that Liberty Media (LMCA) will jam a bigger buyback program down its throat after grabbing control of the company. Though it's a common take on the Street, it doesn't quite make sense to Jeff Sica of Sica Wealth Management. "Investors anticipating that Liberty will just sweep in and unlock the value of the company and generate share appreciation are a little bit premature."
    | 2 Comments
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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