Broadcasting – Radio

(SIRI) SIRIUS XM to Target Soccer Fans

SIRIUS XM Radio Inc. (SIRI) plans to target football crazy fans by launching a channel from next Monday onwards which will only provide football related news, discussion, expert opinion and live commentary to its listeners.

The...

30Oct2012 | | Comments Off on (SIRI) SIRIUS XM to Target Soccer Fans | Continued

(SIRI) SIRIUS XM Radio Shares Rated Outperform

SIRIUS XM Radio Inc. (SIRI) posted robust financial results for the second quarter of 2012 with record high revenue, EBITDA, free cash flow, and net subscriber addition. The strong performance was mainly due to impressive...

26Sep2012 | | Comments Off on (SIRI) SIRIUS XM Radio Shares Rated Outperform | Continued

(SIRI) Liberty Media to Aquire Over 50% of SIRIUS XM

Liberty Media Corp. (LMCA) recently filed a new application to the U.S. Federal Communications Commission, stating its intention to acquire more than 50% of SIRIUS XM Radio Inc. (SIRI)...

27Aug2012 | | Comments Off on (SIRI) Liberty Media to Aquire Over 50% of SIRIUS XM | Continued

(SIRI) SIRIUS XM Radio Earnings Preview

SIRIUS XM Radio Inc. (SIRI) is all set to unveil its second-quarter 2012 results on Tuesday, August 7, 2012, before the opening bell. The current Zacks Consensus Estimate for the second quarter is pegged at 2 cents per share, representing...

7Aug2012 | | Comments Off on (SIRI) SIRIUS XM Radio Earnings Preview | Continued

(SIRI) SIRIUS XM Radio – Bull of the Day

We upgrade our recommendation on SIRIUS XM Radio (SIRI) to Outperform based on its record-high net subscribers addition in the second quarter of 2012. This improved performance was mainly due to strong management execution on the...

23Jul2012 | | Comments Off on (SIRI) SIRIUS XM Radio – Bull of the Day | Continued

(SIRI) SIRIUS XM Upgraded to Outperform

We upgrade our recommendation on SIRIUS XM Radio Inc. (SIRI)  to Outperform based-on its record-high net subscribers’ addition in the second quarter of 2012.This improved performance was mainly due to strong management execution...

17Jul2012 | | Comments Off on (SIRI) SIRIUS XM Upgraded to Outperform | Continued

(SIRI) SIRIUS XM Teams with Asbury Automotive Group (revised)

SIRIUS XM Radio Inc. (SIRI) recently announced a strategic partnership with Asbury Automotive Group (ABG) in order to provide radio service to the latter’s pre-owned...

10Apr2012 | | Comments Off on (SIRI) SIRIUS XM Teams with Asbury Automotive Group (revised) | Continued

(SIRI) SIRIUS XM Analyst Upgrades Shares to Outperform

SIRIUS XM Radio Inc.(SIRI), the largest broadcast radio service provider in the U.S. and the second largest entertainment subscription service provider after Comcast Corp. (CMCSA),...

9Dec2011 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio – Bull of the Day

We upgrade our recommendation on SIRIUS XM Radio (SIRI) to Outperform, based on its huge subscriber additions, launch of new SIRIUS XM 2.0 radio, improved credit ratings and better financial outlook. The company reported highly improved...

9Dec2011 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio – Bull of the Day

We upgrade our recommendation on SIRIUS XM Radio (SIRI) to Outperform based on better business visibility of the company. An improving U.S. auto sector and a rise in consumer spending will sustain SIRIUS XM’s near-term growth.

Management...

2Jun2011 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Meets Earnings Estimates

SIRIUS XM Radio Inc. (SIRI) declared its financial results for the first quarter of 2011 that barely met the Zacks Consensus Estimates. Quarterly GAAP net income was $78.1 million or 1 cent per share compared with a net income of...

3May2011 | | 0 comments | Continued

(AUGT) Augme Technologies Incorporated – Bull of the Day

Augme Technologies (AUGT) is a provider of interactive mobile advertising systems. The company has reached critical mass, and fiscal 2012 should be profitable with positive cash flow.

Mobile marketing is being driven by new...

25Apr2011 | | 0 comments | Continued

(SIRI) SIRIUS XM Sued by Star Act Howard Stern Over Performance-Based Stock Awards

Satellite radio service provider SIRIUS XM Radio Inc. (SIRI) is facing a lawsuit from none other than its star performer Howard Stern. Recently, Mr. Stern has complained that SIRIUS XM failed to pay him stock awards that it granted...

25Mar2011 | | 0 comments | Continued

(CMLS) Company News for March 11, 2011 – Corporate Summary

• Cumulus Media (NASDAQ:CMLS) reported that it has entered into a merger agreement to acquire all the outstanding common stock and warrants of Citadel Broadcasting Corp for $37 per share

• Starbucks (NASDAQ:SBUX)...

11Mar2011 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Posts Mixed Fourth Quarter Results

SIRIUS XM Radio Inc. (SIRI) declared its financial results for the fourth quarter of 2010. Quarterly GAAP net loss was $81.5 million or 2 cents per share compared with a net income of $11.8 million or break-even in the prior-year...

15Feb2011 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Reaches 20-Million Subscriber Milestone

Satellite radio services provider SIRIUS XM Radio Inc. (SIRI) has recently achieved a milestone, touching the 20-million subscriber base — a historic high. The company, which was facing bankruptcy just a year ago, is now steadily...

13Dec2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Analyst Maintains Neutral Rating on Shares

SIRIUS XM Radio Inc. (SIRI) reported excellent financial results for the third quarter of 2010 that beat the Zacks Consensus Estimates. This was the combined results of a double-digit growth in revenue, significantly higher net addition...

27Nov2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Announces Second Quarter 2010 Excellent Results

SIRIUS XM Radio Inc. (SIRI) declared highly encouraging financial results for the second quarter 2010. These were the combined results of double-digit growth in revenue, significantly higher net addition to its pay-radio services,...

4Aug2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Announces Boosts to Subscriber Growth

Satellite radio service provider SIRIUS XM Radio Inc. (SIRI), which was facing bankruptcy just a year ago, is now steadily moving toward stability. Yesterday, the company announced that it expects to generate significant subscriber...

11Jul2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Anticipates Serious Growth

Satellite radio service provider SIRIUS XM Radio Inc. (SIRI), which was facing bankruptcy just a year ago, is now gradually moving towards stabilization. Yesterday, the company announced that it will generate significant subscriber...

19May2010 | | 0 comments | Continued

($SIRI) SIRIUS XM Radio Analyst Upgrades Coverage to Neutral

We upgrade our recommendation for SIRIUS XM Radio Inc. (SIRI) to Neutral, which means the stock will perform mostly in line with the broader market. The company’s fourth-quarter 2009 financial results came in ahead of the Zacks...

3Mar2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Beats in Fourth Quarter Report

SIRIUS XM Radio Inc. (SIRI) reported better-than-expected fourth-quarter 2009 financial results. Quarterly revenue of $676.2 million was an improvement of 8.7% year-over-year and also better than the Zacks Consensus Estimate of $658...

28Feb2010 | | 0 comments | Continued

(SIRI) Broadcasting is the strongest sector

Back when I was a student I used to spend hours in the library reading Trendlines and Value Line. I learned two important lessons: always know what industries are presently enjoying the best price momentum and then find the best companies in those industries. According to Barchart the strongest industry...

23Feb2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Boosts Subscriber Base

Satellite radio service provider SIRIUS XM Radio Inc. (SIRI) announced that it generated significant subscriber growth during the fourth quarter of 2009. The company added 257,028 net subscribers during that quarter, which brings...

23Jan2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio – Bear of the Day

We downgrade our recommendation for SIRIUS XM Radio (SIRI) to Underperform following the emergence of alternative technology of commercial-free Internet radio and extremely poor financial condition of the company.

According...

14Jan2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Downgraded to Underperform

We downgrade our recommendation for SIRIUS XM Radio Inc. (SIRI) to Underperform following the emergence of alternative technology of commercial-free Internet radio and extremely poor financial condition of the company. According to...

13Jan2010 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Initiated as Neutral

We initiate coverage for SIRIUS XM Radio Inc. (SIRI) with a Neutral recommendation, which means the stock will perform mostly in line with the broader market. Severe global economic downturn has significantly affected the company....

17Dec2009 | | 0 comments | Continued

(SIRI) SIRIUS XM Radio Reports Mixed Results

SIRIUS XM Radio Inc. (SIRI) reported third quarter 2009 financial results. Quarterly revenue of $618.7 million is a huge improvement of 26.7% year-over-year and better than the Zacks Consensus Estimate of $609 million. This was primarily...

14Nov2009 | | 0 comments | Continued