Just a few short months after initiating coverage on SIRI, Citigroup analyst Jason Bazinet has once gain reaffirmed his buy rating on Sirius XM with a new target price of $2.50. Bazinet thinks that Sirius XM could blow away their own net subscriber guidance of 1.3 million in… → Read More
Digging Deeper Into Sirius XM’s Subscriber Number For Q4
In late November and early December of 2011 I outlined that Sirius XM (NASDAQ:SIRI) getting to their subscriber guidance had some challenges. Some took these articles as me calling for the company to miss the numbers. It actually was nothing along those lines. What I outlined was concerns… → Read More
Sirius XM Q4 2011 Preview
This Thursday, February 9th, Sirius XM (NASDAQ:SIRI) will be reporting their Q4 and full year 2011 results. Before getting into what to expect, it is prudent to review the company guidance. This is the measuring stick the street will be using to gauge last years progress and anticipate… → Read More
Fleet Sales Were the Difference Maker in January Auto Sector
It was only a few days ago that everyone was celebrating a January 2012 Auto SAAR of 14.1 million on auto sales of 914,000. The January figure came in above the estimates of every auto analyst and probably initiated more questions than jumps for joy. As the numbers… → Read More
Barclay’s Initiates Coverage of Sirius XM With Underweight Rating
Barclay’s analyst James Ratcliffe has initiated coverage on Sirius XM (NASDAQ:SIRI) with an underweight rating and a price target of $2.00. While the news may be frustrating to many Sirius XM investors, the research note does offer some balanced viewpoints that the investment community needs to consider. Ratcliffe… → Read More
Liberty’s John Malone Removed From Lawsuit – Sirius Implications?
Last year Michael Shenk filed a shareholder suit against Sirius XM in which he called for the ouster of Mel Karmazin and named several members of the Board of Directors as well as Liberty Media’s John Malone as being “Unjustly Enriched” with regard to the Liberty Media rescue… → Read More
John Malone Removed From Unjust Enrichment Claim In Shenk Lawsuit
It is a good day for Liberty Media’s John Malone. Until now he had remained the only person named as one that was unjustly enriched in the Shenk shareholder lawsuit against Sirius XM. Other board members that had the accusation leveled against them had it removed in… → Read More
Slacker Lands Top Latin Music Icon – Upgrades Latin Music Programming
Slacker has expanded its curated Spanish language offerings by launching four new Latin stations – Memorias, Puro Norte, Romántica and Salsa – and also by updating two stations within the Latin genre – Puro México and Éxitos Pop. All of Slacker Radio’s Latin stations are available for free… → Read More
Sirius XM To Announce Q4 and Full Year 2011 Earnings
Sirius XM Radio (NASDAQ: SIRI) today announced that it plans to release full year and fourth quarter 2011 financial and operating results on Thursday, February 9, 2012. SiriusXM will hold a conference call at 8:00 am ET on Thursday, February 9, 2012 to discuss these results. Investors and… → Read More
Wake Up Sirius XM – Your Android App SUCKS!
I do not know how much more blunt I can be, but the truth needs to be spoken, and consumers deserve much better than they are getting. Sirius XM (NASDAQ:SIRI) can have the best content on earth, but a poorly working app is no way to deliver it. … → Read More
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