Shares of Sirius XM Radio Inc. (NASDAQ: SIRI) were up nearly 7% Monday morning following the weekend’s announcement by Liberty Media Corp. (NASDAQ: LMCA) that it plans to acquire the 48% of the company it does not …
For a company that was just hours away from bankruptcy about 18 months ago, SiriusXM Radio has come pretty far. And it’s about to go even farther. After experiencing soap opera-esque shifts in power dynamics over the past two years, the …
During this financial crisis, ask for two dimes, and you can get a share of Sirius XM. That's right, the stock of the much-ballyhooed satellite-radio merger has plunged more than 90% this year and was trading recently at just 17 cents. And …
Now, it wants to own the entire company. On Friday, Liberty proposed to acquire the 48 percent of Sirius it does not already own in an all-stock deal valued at more than $10 billion, making the satellite radio provider a subsidiary of the …
The share price of Sirius XM (NSDQ: SIRI) doubled in early trading today, on the announcement that Liberty Media (NSDQ: LINTA) would be investing $530 million to help the satellite radio operator avoid bankruptcy. The stock was up to $0.20 …
will constitute more than 32% of the total outstanding shares of Common Stock; as soon as practicable, nominate for election persons to serve on Sirius XM’s Board of Directors such that, if elected, persons nominated by Liberty Media …
David Bank, an analyst with RBC Capital Markets, said that Sirius XM is still an expensive stock regardless of how much pricier Pandora is right now. But there's no denying that Sirius XM has suffered while investors trip over themselves to …
The slice of Sirius Satellite Radio owned by Howard Stern and his agent got $11 million lighter yesterday, as investors sheared nearly 8 percent off the stock on news it had cut customer-growth projections. Citing weakness in the retail …
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is selling off for a second day after earnings. 24/7 Wall St. has spent less effort covering Sirius of late because its valuations were becoming stretched. We have seen a downgrade by Goldman Sachs …
The stock has been red hot in 2012 along with Malone's Liberty Media. Traders were split on whether Stern will leave or stay with Sirius. One Twitter follower noted that Sirius has to keep Stern. @LaMonicaBuzz @CNNMoney will renew his …