SiriusXM today announced that the ratings on the 5.25% Senior Notes due 2022 issued by its subsidiary, SiriusXM Radio Inc., have been upgraded to investment grade by both Standard & Poor’s Ratings Services and Moody’s Investors Service. “The upgrade of the ratings on the Notes to investment grade has the effect of eliminating many of… → Read More
I know that many will not want to see, hear, or speak about this, but it has happened. SiriusXM’s 100 day Exponential Moving Average (EMA) has crossed below the 200 day EMA. This is a bearish event, and could not happen at a worse time for this equity. I follow EMA’s for SiriusBuzz Premium members… → Read More
The auto sector showed a little life in March with the help of incentives. For the month auto sales were 1,533,520. This beat March of last year by about 80,000 units and even allowed Q1 of 2014 to better Q1 of the previous year. Q1 2014 was about 48,000 units better than Q1 of the… → Read More
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SiriusXM announced today that it plans to announce first quarter 2014 financial and operating results on Thursday, April 24, 2014. The company will hold a conference call at 8:00 am ET on Thursday, April 24, to discuss these results. SiriusXM typically announces results prior to the market open. This quarterly call is happening just a few… → Read More
Avis Budget Group, Inc. has announced that SiriusXM is now available to a majority of Avis Car Rental and Budget Car Rental customers via factory-installed satellite radios. The new offering will give customers easy access to satellite radio… for a price. Previous to this development, Avis and Budget offered satellite radio via a plug… → Read More
This week on SiriusXM will kick off tonight at 8pm with a special Town Hall featuring rapper 50 Cent. The show can be heard on Shade 45, where 50 will discuss, promote, and give listeners a sneak peak of his upcoming album, Animal Ambition, which is scheduled for release on June 3, 2014. Rebroadcast tomorrow… → Read More
SiriusXM today announced that it is now working with AutoManager, which has 4,600 auto dealers using its dealer management products, to easily enroll independent and franchise dealers to participate in the SiriusXM Pre-Owned Vehicle Program. Essentially the company is outsourcing this project to a company that, in theory, has the contacts and capability to produce… → Read More
For the first time ever, XM subscribers will have access to every single game of the 2014 season, from opening day until one team is crowned champion, on their radio and mobile devices. The full season coverage will also be made available to Sirius subscribers with a premium “Premier” or “All Access Package.” The All… → Read More
This may come as a surprise to some, but auto sales seem to have hit a bit of a rough spot so far in 2014. It is anticipated that Q1 auto sales will total about 3.677 million in 2014 vs 3.685 million for the same period a year ago. Worse yet, incentive spending is increasing…. → Read More
It’s not just you — the SiriusXM OnDemand feature has been down for over 12 hours and no one seems to know when it will be fixed. When notified about the issue all SiriusXM would say was “We’re currently having issues with the app, but all the content should return when it’s fixed. There is… → Read More