Analyst Matthew Harrigan has downgraded SiriusXM from a buy with a $4.20 price target to a hold with a $3.80 price target. The firm had applied a higher price target to the company if a deal with Liberty media can be struck, but feels that a deal is becoming less likely and therefore the equity… → Read More
It could be the weather, it could be the economy, or it could be that pent up demand is easing. No matter how you slice it, auto sales started off 2014 in a modest fashion. January is usually a light month, but not many might have expected to see a year over year decline in… → Read More
SiriusBuzz Premium members were aware that this might very well be the situation because I outlined it shortly after Liberty Media made its proposal. We all knew that Liberty requested that SiriusXM stop buying SIRI shares from Liberty, and we all knew that SiriusXM agreed to delay that purchase until April. What I speculated, and… → Read More
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SiriusXM had its first ever quarter with greater than $1 billion in revenue, but at the same time missed street EPS estimates by a penny. The equity is trading down early in the session. The company also had record free cash flow and record Adjusted EBITDA growth. The call itself was actually somewhat vanilla given… → Read More
Howard Stern and SiriusXM invite you, wherever you are in the world, to listen to Howard Stern’s Birthday Bash special for free, starting today at 4pm ET. The show will kick off with a two hour pre show red carpet event full of interviews, followed by the main even hosted by Jimmy Kimmel starting at… → Read More
Starting yesterday until February 10th SiriusXM will be turning on all inactive radios for a 14 day free trial. If you have a satellite option in your vehicle or an old plug and play lying around all you have to do is turn it on and enjoy. If you have internet access or a smartphone,… → Read More
Beginning February 18th SiriusXM subscribers will be able to tune in and listen to the popular late night television comedy show Chelsea Lately. The show will continue to air weeknights on E! at 11pm while being simulcast on Raw Dog SiriusXM Comedy Hits, channel 99. “In the twilight of my life, I’ve decided to transition… → Read More
Things are not looking good. This equity is a week away from a conference call that will be pretty ho-hum, and the technicals are breaking down. We now have developed 3 warning flags, and this has to have many investors on the edge of their seats. Do you stay in and hope for a stronger… → Read More
SiriusXM announced today that the company has extended its relationship with Nissan through 2018. As part of the announcement, it was stated that Nissan North America will significantly increase penetration of SiriusXM factory-installed technology across the entire Nissan model lineup. Nissan cars equipped with satellite radio are not counted in the satellite radio’s subscriber numbers… → Read More
SiriusXM is increasing the amount of Spanish-language NFL programming available to subscribers nationwide, with live game broadcasts each week plus a new original Spanish-language NFL show. The announcement comes as four of the elite teams in the NFL are set to play conference championship games this weekend. This Sunday, the best NFL team on the… → Read More