Shareholders voted this morning to approve all four matters brought to vote at the annual meeting of shareholders this morning. The matters included the election of eight members to the Board of Directors, the ratification of KPMG as the Independent Registered Public Accountants, a vote on executive compensation,… → Read More
Moody’s Upgrades Sirius XM – News Bodes Well For The Company
It is one thing to have a sell side analyst upgrade your company. It is entirely another when you get your credit upgraded. Today, Moody’s Investors Service raised its junk-level ratings on Sirius XM Radio (NASDAQ:SIRI) and the stock responded immediately with a small pop in the share… → Read More
Sirius XM Adds New Benefit For Certified Pre-Owned Hyundai Buyers
Sirius XM Radio (NASDAQ: SIRI) and Hyundai Motor America announced today they have reached a deal that will give consumers across the United States a 3-month introductory subscription to XM when they purchase Hyundai Certified Pre-Owned vehicles factory equipped with XM satellite radio. “Hyundai drivers have come to… → Read More
Sirius XM Annual Meeting Tomorrow – SiriusBuzz Will Be There Live
The annual shareholders meeting of Sirius XM (NASDAQ:SIRI) will be held at 9:00 AM tomorrow, May 25, 2011 in New York City at The Auditorium at The Equitable Center, 787 Seventh Avenue, New York, NY. While the annual meeting may not seem like the most exciting thing for… → Read More
A Deeper Look at the Preliminary Approval on the Blessing Lawsuit
As we reported earlier today, there has been new information released in the Blessing vs. Sirius XM class action suit. The new filing gives preliminary approval to the proposed settlement, details information about how the class will be informed, and establishes a date for a hearing on the… → Read More
Preliminary Approval on Blessing Lawsuit Filed
The class action suit that reached a proposed settlement last week has seen new action. The latest is a preliminary approval. A hearing has been set for August 8, 2011. The purpose of the Settlement Hearing will be to determine whether the proposed Settlement on the terms and… → Read More
Satellite Television Companies in Buying Spree – Is Sirius XM a Target
When it was announced that Joe Clayton was named CEO of Dish he wasted little time in letting everyone know that Dish was not done making acquisitions. As it turns out the next acquisition was announced by Liberty Media with a possible $1 billion buyout of national bookseller… → Read More
A Deeper Look at the Shenk Lawuit Seeking to Fire Karmazin
In yet another suit filed against Sirius XM, allegations surrounding the merger and the company’s pricing plans seems to be the center of attention. The latest is a lawsuit brought by Michael Shenk against the Board of Directors and Sirius XM Satellite Radio as a nominal defendant. The… → Read More
New Sirius XM Lawsuit Seeks Termination of Mel Karmazin
Fire Mel Karmazin? Is someone out there crazy? He is a legend in the media business, and has turned around Sirius XM after what had been a difficult merger process that nearly bankrupted the company. Who would ever ask that Karmazin be fired? Well, that is what Robert… → Read More
Chrysler to Shift Plant Shut-Down Schedule – How it Impacts Sirius XM
Chrysler has announced their intention to shift their summer shut-downs from July To June. The change in schedule has been implemented to give parts suppliers, devastated by the disaster in japan, additional time to catch up or resource supplies. While the length of time that the shut-downs will… → Read More
Previous Entries
