Sirius XM Share Buyback And The Impact On Price - Part 2 [View article]
"it borrowed at an interest rate that was less than what it paid in dividends. It was able to borrow at much less than the 4% dividend yield, and the government was giving them a tax break on the interest expense... a double benefit. "
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. [View news story]
Truer words were never spoken. The concern now is that Meyers came from the SALES division. They should get someone NOT in the AARP to head their product and marketing team.
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. [View news story]
"more buybacks are anticipated"
In addition to the "Up to 2B" already anticipated?
Verizon Inks Deals With Automakers For Wireless In Cars - What Does That Mean For Sirius XM And Pandora? [View article]
"The only downside to this news is if a company is not prepared to participate as these technologies launch."
The above statement has SiriusXM written all over it. It's the Jeopardy answer to the question, "What is SiriusXM?".
SiriusXM will, however, have the capabilities to participate....in 2019. And when they do, they will only advertise it to current subscribers via email.
Sirius XM Shareholder Meeting Overshadows Auto Sales [View article]
Spencer, I too am going to attend the meeting tomorrow. I am wondering if you know what I must bring to gain admittance. I have SIRI in both my Etrade and Schwab accounts. Should I just bring my driver's license and a monthly statement from each account? What time would you suggest I arrive to ensure I get a good seat? Thanks.
For Sirius XM 54% May Be The New 50% [View article]
I thought that Liberty could have either the preferred shares and no board votes or common and board votes, but not both. So, if I am correct, wouldn't they have to convert the preferred to common to get the percent necessary to get that 7th seat? If so, wouldn't that be disastrous to the SP?
Sirius XM Share Buyback And The Impact On Price - Part 2 [View article]
Is SiriusXM unable to do the same thing?
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. [View news story]
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. [View news story]
In addition to the "Up to 2B" already anticipated?
Liberty To Own Sirius Within 60 Days [View article]
Does Sirius XM On-Demand Level The Playing Field Or Redefine It? [View article]
Verizon Inks Deals With Automakers For Wireless In Cars - What Does That Mean For Sirius XM And Pandora? [View article]
The above statement has SiriusXM written all over it. It's the Jeopardy answer to the question, "What is SiriusXM?".
SiriusXM will, however, have the capabilities to participate....in 2019. And when they do, they will only advertise it to current subscribers via email.
Sirius XM Shareholder Meeting Overshadows Auto Sales [View article]
Institutions Were Large Net Buyers Of SiriusXM In Q1 [View article]
For Sirius XM 54% May Be The New 50% [View article]