Stern Fans Rejoice: Sirius XM SkyDock for iPhone
The rumors were true. At an invitation-only media event in New York City this morning, Sirius XM (SIRI) debuted the first-ever radio dock for the iPhone and iPod touch. Dubbed SkyDock, the $119.99...
View ArticleSirius Slapped With Minimum Bid Notice
Ugly news for Sirius (SIRI): With a share price that has closed below $1 for 30 consecutive business days, the company has fallen out of compliance with Nasdaq listing rules. In a notice issued earlier...
View ArticleSirius Breaks Even
Sirius XM Radio’s financial position is improving. Sadly, the same cannot be said for its subscribership. Reporting third-quarter earnings this morning, the company posted a loss of $149.1 million, or...
View ArticleSirius XM CEO "Perfect" to Run Comcast-NBCU–Not That Sirius XM CEO Would Want To
Good thing Comcast (CMCSA) and General Electric (GE) plan to name NBC Universal Chief Executive Jeff Zucker as head of their proposed joint venture, because Sirius XM (SIRI) CEO Mel Karmazin doesn’t...
View ArticleEasy Digital Listening: Sonos ZonePlayer S5
Installing a multiroom stereo system can involve drilling holes in walls, running wires throughout the house and spending a lot of money. And after all that, the stereo still won’t have access to as...
View ArticleStern Ditching Sirius for Terrestrial?
Is Howard Stern going to return to terrestrial radio? That seems highly unlikely given his obvious affinity for the…permissiveness of satellite. But the radio show host isn’t above threatening to...
View ArticleStern Leave Satellite for Internet Radio? Over Sirius CEO's Dead Body.
With Howard Stern’s five-year Sirius XM satellite radio deal set to expire in January 2011, there’s been a fair bit of speculation about where he’ll work next–most of it fueled by Stern himself, who...
View ArticleSirius Back Above a Buck
Sirius XM Radio (SIRI) is a penny stock no more. Shares of the satellite radio company rose above $1 this morning, the first time they crossed that threshold since September 2008. As I write this,...
View ArticleSirius: Wunderlich Downgrades on Concerns Over Auto Sales
Wunderlich Securities analyst Matthew Harrigan this morning downgraded Sirius XM (SIRI) to Hold from Buy, citing concerns about the weakness in the U.S. auto market. He keeps his $1 price target. Read...
View ArticleSirius: We'll Just Put This Delisting Notice in the Circular File
It was inevitable, really. Having given up the gains that pushed its shares past $1 and failed to close over that threshold for 10 straight days by March 15, Sirius XM invited a delisting notice. And...
View ArticleRun, Blue Dog, Run: Sirius Avoids Delisting
Looks like Sirius XM Radio (SIRI) will not be booted from NASDAQ. As of market close today, the company’s shares have traded above $1 for 10 straight days, putting it back in compliance with NASDAQ’s...
View ArticleSirius Posts a Profit
Sirius XM Radio’s latest quarter turned out to be a decent one for the satellite radio operator. Posting first-quarter earnings before market open today, the company reported a profit of $41.6...
View ArticleSirius Kicking Butt in 2010
Hard to believe: A year ago, Sirius XM Radio shares were trading at around 35 cents and the company was on its way to being slapped with a Nasdaq minimum-bid notice. Today, Sirius shares are trading at...
View ArticleSirius Tunes In Subscriber Gains
Just about this time a year ago, Sirius XM Radio was up a certain creek with nary a paddle in sight. Its shares were trading at around 35 cents, it was hemorrhaging money, and anemic car sales had...
View ArticleTime to Start Taking Sirius Seriously Again
“In 2010, investors will get a real indication of how good our performance can be. I feel really good about our future prospects.” That’s what Sirius XM Satellite Radio (SIRI) CEO Mel Karmazin had to...
View ArticleA Beat for Sirius, But No Stern Deal–Yet
Another strong set of financials for Sirius XM Radio. Posting third-quarter earnings this morning, the company reported a profit of 2 cents a share, besting analyst estimates for a break-even quarter....
View ArticleAuto Sales Increase Bodes Well for Sirius
Looks like Sirius XM’s run of good luck will continue well into the new year. New-vehicle retail sales data from J.D. Power and Associates suggests an increase in consumer demand for new cars. And for...
View ArticleA Loss for Sirius
So much for that new 52-week high Sirius XM Radio hit on the eve of its fourth-quarter earnings Monday. Shares of the satellite-radio operator slid nearly 8 percent this morning, after it posted an...
View ArticleQOTD: Howard Stern's Twitter Love Has Already Soured. Or Maybe Not!
“I’m so over Twitter… it’s too much contact with the fans.” – Twitter late-bloomer Howard Stern telling his Sirius listeners why he’s already tired of the service after less than a month, via Jim...
View ArticleSirius Stiffs Stern; Stern Sues Sirius
Last December Howard Stern quelled concerns that he might leave SiriusXM Radio by signing a new five-year contract. Now, just three months later, he’s suing the new company, claiming it bilked him out...
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