XM shareholders would get 4.6 shares of Sirius stock for each share of XM they own. The deal would value XM shares at $17.02, a 22 percent premium to its Friday closing price of $13.98. Shares of XM shot up nearly 28 percent in pre …
This is not exactly the kind of news Apple needed, on a day when its shares were at an all-time high and it was getting downgraded by an analyst for the first time in more than six months: The voice software on its new iPhone 4S seems to …
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 …
Sirius XM Radio Inc (NASDAQ:SIRI) shares have rebounded in early afternoon trades, after falling a few cents per share earlier today. This comes as analysts at Piper Jaffray release their updated report on the stock. They expect Sirius XM …
Apple CEO Steve Jobs quickly apologized publicly for this and fired some of the people responsible. Then Apple fixed Mobile Me and morphed it into iCloud. Compare that behavior to Apple's reaction its current dud product, Siri. Siri was …
Sirius XM Holdings Inc. (NASDAQ ... requiring stockholder approval and its interests may differ from interests of other holders of our common stock; impairment of our business by third-party intellectual property rights; and changes to our …
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 …
Shares in Sirius Satellite Radio jumped yesterday after the company said it hit the 4 million subscriber mark. Sirius shares closed up 22 cents, or 4.5 percent, at $5.11. The company has added nearly 700,000 subscribers so far this …
Executives of Sirius Satellite Radio are again hinting at a potential merger with XM Satellite Radio that they say would bring strong gains for investors. Their statements boosted the stock prices of Sirius and XM this week, though both …