Citi Issues Report On XM’s Q4

Citi issued a report on XM’s Q4 and full year operations. REPORT EXCERPTS XM Satellite Radio Holdings Inc (XMSR) No Real Surprises in 4Q07 – Merger Remains Stock Driver ? Fate of XM Still Depends on Merger — We estimate XM price reflects a roughly 25% probability of… → Read More

Cowen Issues Report On XM’s Q4

Tom Watts of Cowen issued a report on XM’s Q4 and full year operations. REPORT EXCERPTS XM Satellite Radio Outperform Q4: OEM Subs light. 1x Items Cloud Cost Improvements. Conclusion: Q4 results emphasized XM’s transition to an OEM business model. We expect OEM subs to surpass retail subs… → Read More

Goldman Issues Report On XM’s Q4

Goldman Sachs issued a report today on XM’s Q4 and full year operations. REPORT EXCERPTS XM Satellite Radio (XMSR) Sell Approaching a fork in the road; 4Q07 review What’s changed XM’s 4Q results largely met consensus and our financial estimates, though fell modestly short on metrics with lighter… → Read More

Morgan Stanley Issues Report On XM’s Q4

Benjamin Swinburne of Morgan Stanley issued a report on XM’s Q4 and full year operations. REPORT EXCERPTS XM Satellite Holdings Updating Model for Lower OEM Outlook, Higher Royalty What’s Changed – FY08E Net Adds From 1.33 mm to 1.29 mm – FY08E Revenue From $1.42 bn to $1.38… → Read More

Bear Sterns Issues Report On XM’s Q4

Robert Peck of Bear Sterns issued a report on XM’s Q4 and full year operations. REPORT EXCERPTS XM Satellite Radio (XMSR-$12.11-Outperform) In-Line Quarter — Looking Forward to DOJ Decision • 4Q07 results about in line. Ending subs, gross and net adds, churn, and revenues were in line with… → Read More

RBC Issues Report On XM’s Q4

David Bank of RBC issued a report on XM’s Q4 and full year operations. REPORT EXCERPTS XM Satellite(NASDAQ: XMSR)So Tired…Tired Of Waiting…For The DOJ Sector Perform Above Average Risk Investment Opinion XMSR Trading Will Likely Remain Event Driven, With Minimal Fundamental Upside—Despite mixed 4Q07 fundamentals and continued tepid… → Read More

Barrington Issues Report On XM’s Q4

Barrington analyst James Goss issue a report on XM’s Q4 and full year operations. REPORT EXCERPTS XM Satellite Radio Holdings Inc. (XMSR-NASDAQ ) Q4/07 and Full Year 2007 Results Slightly Lag Expectations Investment Highlights • XM reported fourth quarter and full year results that lagged our expectations including… → Read More

Wachovia Issues Report On XM’s Q4

Jeff Wlodarczak, analyst for Wachovia published a report on XM’s Q4 and 2007 Operating Results. REPORT EXCERPTS XM Satellite Radio Holdings Inc. XMSR: Weak Satellite Radio Demand Trends Continue in Q4 • XM Q4 RESULTS – WEAK SUBSCRIBER (SUB) TRENDS CONTINUE–XM reported a 4% YoY increase in net… → Read More

ILS Lands Launch Contracts

International Launch Services (ILS) announced a contract today for the launch of two SIRIUS Satellite Radio satellites on the Proton Breeze M vehicle. ILS has conducted three launches for Sirius in the past (photo is launch of Sirius 3). Under the terms of the deal, Sirius expects to… → Read More

Sirius and XM Extend Merger Agreement

WASHINGTON and NEW YORK, Feb 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ — XM Satellite Radio (Nasdaq: XMSR) and SIRIUS Satellite Radio (Nasdaq: SIRI) today announced that the companies have agreed not to exercise their rights to terminate the Merger Agreement until May 1, 2008. The closing of… → Read More