Investor News

The biggest issue holding Sirius XM back right now is debt. With all of the financial market turmoil going on, it has become uncertain as to whether the company will be able finance over $1 billion in debt due in 2009. I decided to do a bit of… → Read More

Equities across the board are likely to see a bit of a run today as the SEC has decided to ban all financial short selling and make other potential moves to stabilize the markets. Many sectors and individual stocks have suffered at the hands of short selling and… → Read More

All I can say is, WOW! What a day for the overall markets. I was in meetings for most of the day, and was quite surprised as I sat at my computer to see that Sirius XM was trading above 1.00! Wow! I should have stayed in the… → Read More

Was the bailout of AIG enough to stop the onslaught happening with the financials? People are still skeptical, and the presence of news cameras outside Morgan Stanley this morning were an early indicator that at least the perception of negativity has not yet eased. Foreign markets had decent… → Read More

New Short Sale Rules issued by the SEC today will go into effect on Thursday. “These several actions today make it crystal clear that the SEC has zero tolerance for abusive naked short selling,” SEC Chairman Christopher Cox said in a statement. Brokers failing to comply will be… → Read More

In a recent article by Tyler Savery, he points out a number of places where Sirius XM can collect some much needed cash without adding much to the costs. Since I have heard of the idea, I think that the future of SDARS lays in commercial broadcasting. Patented… → Read More

It all started with a remark or two from Mel Karmazin at the recent Merrill Lynch media conference. I wrote that day exactly what it was Mel had done wrong, in this meeting of media moguls, and Mel was nice enough to apologize for his flippant remarks in… → Read More

With the financial sector on a roller coaster ride, concerns over credit debt and liquidity have impacted companies across the board regardless of sector. While the Federal Government has stepped in to bail out AIG, it could represent the latest of “lines in the sand” drawn to try… → Read More

Being in New York City, and more specifically in Times Square, I could not help but take a walk over to the World Headquarters of Lehman Brothers today. It was a sad sight to behold. The lights are on as if everything was normal, but looking in the… → Read More