Page 11 of 20 FirstFirst ... 910111213 ... LastLast
Results 101 to 110 of 197

Thread: SIRI Intraday Updates for the Week of 10/20/08

  1. #101
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    SIRI just hit a new 52 week low of .33

    SIRI just hit a new 52 week low of .326
    Last edited by Demian; 10-22-2008 at 02:12 PM.

  2. #102
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    http://www.pcmag.com/article2/0,2817,2333085,00.asp

    BlackBerry Bold Will Ship In November, AT&T Says
    10.22.08

    "According to AT&T, the Bold will have all the hardware goodness.....support for all AT&T Wi-Fi hotspots, including Starbucks stores; and AT&T's various music programs, including XM Radio Mobile and MobiTV."

  3. #103
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    http://www.avionews.com/index.php?co...ante=index.php

    Airlines
    05:29 pm - Wednesday
    Gulfstream completes transatlantic flights using FANS system
    New York, USA - Operated with a purpose-built business jet

    "Certification Foxtrot will also introduce new functionalities, such as XM satellite weather display on moving maps; automatic transitions from FMS navigation to Instrument Landing System (ILS) approaches and back to FMS for missed approaches; and electronic charts that eliminate the need for paper."

  4. #104
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    SIRI just hit a new 52 week low of .3216................pain!

  5. #105
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    This is the third day in a row that WorldSpace (WRSP) is up and they just announced Chapter 11 BK........

  6. #106
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    SIRI just hit a new low of .32 - will this ever end?

    Markets continue to tank..........DOW down 466

  7. #107
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    About a half hour to go......

    Dow now down 500....

    SIRI just hit a new low of .315 - what a nightmare......ouch!

  8. #108
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    http://www.marketwatch.com/news/stor...E%7D&dist=hppr

    WorldSpace, Inc. Gains Access to $2M in Interim Dip Financing and Commences Sale Process
    The Bank Street Group LLC Appointed as Advisors in Conduct of Sale Process

    Last update: 2:35 p.m. EDT Oct. 22, 2008

    SILVER SPRING, Md., Oct 22, 2008 (BUSINESS WIRE) -- WorldSpace(R), Inc. (WRSP:0.26, +0.02, +8.9%) a leading provider of satellite radio services outside the U.S., today announced it has received approval of the United States Bankruptcy Court in Delaware for the first part of an interim Debtor-in-Possession (DIP) financing in an amount up to $2M which will enable the Company to meet payroll obligations to critical employees and commence a process to sell the Company or its assets.
    The Company, along with its U.S. subsidiaries WorldSpace Systems Corporation and AfriSpace, Inc., filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court in Delaware on Friday, October 17, 2008. In accordance with the terms of the DIP financing facility for which the Company has received initial court approval and intends to seek further approvals in the coming weeks, the Company has commenced a process to market and sell the Company or its assets, or complete an alternative restructuring transaction. The Bank Street Group LLC ( www.bankstreetgroup.com) has been appointed as the Company's financial advisor in support of the sale and/or restructuring process and all interested parties should contact Bank Street (Gary Grant, ggrant@bankstreetgroup.com or Richard Lukaj, rlukaj@bankstreetgroup.com) for further information.
    In other announcements, WorldSpace appointed Robert Schmitz of Quest Turnaround Advisors, LLC as its Chief Restructuring Officer reporting to Chairman and Chief Executive Officer Noah Samara to assist the Company through an orderly sale or recapitalization process.
    WorldSpace India, a wholly owned independent business unit operating in the market where most of the Company's customers are located and revenues are generated, has not filed for protection from its creditors and continues its business activities in the ordinary course.
    As previously stated, WorldSpace will continue to operate its business and manage its assets as a "debtor-in-possession" under the jurisdiction of the court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the court.
    The holders of the Company's existing senior secured and convertible notes have agreed to provide, subject to the satisfaction of certain conditions, a DIP financing facility of up to $13M for a period of 90 days in order to facilitate a sale transaction. The financing facility is expected to enable the Company to continue to pay salaries of critical employees and continue operations which are critical to preserving the value of its core assets through the term of the facility.
    About 1worldspace(TM)
    Based in the Washington, DC metropolitan area, 1worldspace(TM) is the world's only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. 1worldspace award-winning programming provides subscribers with a combination of news, sports, music, talk and entertainment, as well as brand-name content and educational programming. Leading brands from around the globe found on 1worldspace include the BBC, Absolute Radio (formerly Virgin Radio UK), and RFI.
    1worldspace satellites cover two-thirds of the earth and enable the Company to offer a wide range of innovative services for enterprises and governments globally, including distance learning, alert delivery, data delivery, and disaster readiness and response systems. 1worldspace is a pioneer of satellite-based digital radio services and was instrumental in the early development of the technology infrastructure used today by XM Satellite Radio. For more information, visit www.1worldspace.com.
    Forward Looking Statements
    This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs about future events and financial, political and social trends and assumptions it has made based on information currently available to it. The Company cannot assure that any expectations, forecasts or assumptions made by management in preparing these forward-looking statements will prove accurate, or that any projections will be realized. Such forward-looking statements may be affected by inaccurate assumptions or by known or unknown risks or uncertainties. Actual results may vary materially from those expressed or implied by the statements herein. For factors that could cause actual results to vary, perhaps materially, from these forward-looking statements, please refer to the Company's Form 10-K, filed with the Securities and Exchange Commission, and other subsequent filings. Forward-looking statements contained herein speak only as of the date of this release. The Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether to reflect new information, future events or otherwise.
    SOURCE: WorldSpace, Inc.
    WorldSpace, Inc.
    Investor Contact:
    Sridhar Ganesan
    Chief Financial Officer
    +1 301-960-2300
    sganesan@worldspace.com
    or
    Media Contact:
    Judith Pryor
    SVP, Corporate Affairs
    +1 301-960-1242
    jpryor@worldspace.com

    Copyright Business Wire 2008

  9. #109
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    Dow now down 660......

    SIRI at .3191

  10. #110
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    Those bastards did it again! They knocked it down on the very last tick again! How do they do that day after day?

    SIRI closed at .31 after hitting a low of .305........

  11. Ad Fairy Senior Member
Page 11 of 20 FirstFirst ... 910111213 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •