Investor News

Stifel analyst Kit Spring has issued an upgrade following DOJ approval of the merger between Sirius and XM. REPORT EXCERPTS Merger Synergies Underappreciated; Upgrading to Buy w/$18.40 Target DOJ approved merger; stocks under-reacted: Despite an estimated$4.8B of synergies, XMSR and SIRI shares had a muted impact in our… → Read More

Morgan Stanley has issued a report on the DOJ approval of the merger between Sirius and XM REPORT EXCERPTS Sirius Satellite Radio Quick Comment: 13 Months Later, DOJ Approves Merger DOJ Approved Proposed Merger: Now that the DOJ approval is in, the FCC vote is all that is… → Read More

Goldman Sachs has issued a report on the DOJ approval of the merger between Sirius and XM REPORT EXCERPTS DOJ approval removes a hurdle, for the companies and short-sellers Source of opportunity We are adding SIRI to the Conviction Sell List with 30% potential downside to our unchanged… → Read More

Lehman issued a report today on the DOJ approval of the Sirius and XM Merger. REPORT EXCERPTS Investment Conclusion The Department of Justice has approved the XMSR/SIRI merger without conditions. We expect the FCC to approve the transaction as well (FCC has never rejected a DOJ-approved merger); timing… → Read More

Citi analyst Eileen Furukawa issued a report on the DOJ approval of the Sirius and XM merger. REPORT EXCERPTS Sweet Music to Their Collective Ears ? Still Need FCC Approval But Likely Clear Sailing From Here — As we’d hoped, after over 1 yr of hard fought work,… → Read More

Tom Watts of Cowen issued a report today on the DOJ approval of the merger between Sirius and XM. REPORT EXCERPTS Wedding Bells At Last. DoJ Approves Merger. FCC Approval Expected Soon. Conclusion: Yesterday, the DoJ approved the XMSR-SIRI merger, setting the stage for an FCC approval in… → Read More

Lucas Binder, an analyst for UBS issed a report today on the DOJ approval of the merger between Sirius and XM REPORT EXCERPTS Higher Likelihood of Merger Completion SIRI-XMSR merger approved by DOJ; FCC could approve in early 2Q08 Following the approval of the SIRI-XMSR merger by the… → Read More

Wachovia issued a report today on the DOJ approval of the Sirius and XM merger. Wachovia remains cautios on the SDARS sector. REPORT EXCERPTS • DOJ APPROVES SIRI/XMSR MERGER- The Department of Justice (DOJ)announced late Monday afternoon that it had finally approved the merger of SIRI and XMSR… → Read More

Robert Peck of Bear Stearns issued a report today on the DOJ approval of the Sirius and XM merger. Peck carries a $5.50 price target for Sirius, and a $24 price target for XM. REPORT EXCERPTS Finally! Justice Delayed, But Not Denied As expected, though long overdue, the… → Read More

Do you think that Jim Cramer had a comment today on the Sirius and XM merger? You bet, the popular CNBC host applauded the DOJ decision to approve the merger, but also cautioned that the deal needs FCC approval. Cramer, who now puts a $5 target on Sirius… → Read More