Sirius, XM shares fall after Sirius cuts forecast
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Shares of Sirius Satellite Radio Inc.  fell more than 7 percent on Tuesday after the pay-radio provider cut its fourth- quarter subscriber target, citing disappointing sales over the U.S. Thanksgiving holiday weekend.
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Why Sirius is getting static from the markets.
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By SETH SUTEL  NEW YORK - Satellite radio rivals XM and Sirius have every intention of merging, but not just yet.  Until they clear serious regulatory hurdles, Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.
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XM Satellite Radio Holdings Inc. , which has agreed to be acquired by rival Sirius Satellite Radio Inc. , posted a narrower quarterly loss as it trimmed costs, but gave a lukewarm 2007 outlook that tempered its stock rise.
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Shares of Sirius Satellite Radio Inc. (SIRI.O: Quote, Profile, Research) fell as much as 27 percent in early trading on Wednesday after an investment firm said the stock was overvalued
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Executives of satellite radio rivals Sirius Satellite Radio Inc.  and XM Satellite Radio Holdings Inc.  have been meeting lately to discuss the possibility of a merger, the New York Post reported on Wednesday, citing several sources close to the matter.
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U.S. stocks fell on Wednesday, led by losses in technology shares after a disappointing forecast from business software maker Novell Inc.  and negative comments from a brokerage on Oracle Corp.
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Sirius Satellite Radio plans to buy U.S. rival XM Satellite Radio for $4.6 billion in stock to bring entertainers such as Oprah Winfrey and shock-jock Howard Stern under one roof, but a top regulator said the deal would face a tough time winning approval.
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Shares of Sirius Satellite Radio Inc. (SIRI.O: Quote, Profile, Research) look pricey despite the company&#39;s new five-year, $500 million pact with shock jock Howard Stern to air his program
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XM Satellite Radio Holdings Inc.   XMSR.O and rival Sirius Satellite Radio SIRI.O on Wednesday   posted quarterly subscriber growth that fell short of   expectations, and their shares dropped despite reiterating   full-year estimates.
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Sirius Satellite Radio Inc. and XM  Satellite Radio Holdings Inc. pledged on Tuesday to work with  regulators to close their proposed $4.9 billion merger by  year's end, seeking to calm concerns that U.S. antitrust  authorities would block the deal.
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Sirius Satellite Radio Inc. slipped more than 10 percent in Wednesday trading after a JP Morgan analyst downgraded the stock and told investors to take profits following a three-month run-up.
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XM Satellite Radio Holdings Inc. , which is planning to merge with rival Sirius Satellite Radio , on Monday said its quarterly loss narrowed as it trimmed costs related to growing its base of subscribers.
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Shares of Sirius Satellite Radio Inc., whose shares have doubled over the past month, on Wednesday fell 8 percent after a JPMorgan analyst said that a further rally would make the stock expensive relative to its growth potential.
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U.S. stock futures slipped on Tuesday as disappointing results from Dow component Home Depot Inc.  overshadowed news of several major deals, including Sirius Satellite Radio's  plan to buy rival XM Satellite Radio  for $4.6 billion.
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Mel Karmazin, Sirius Satellite Radio's chief executive, sounded like a shock jock yesterday as he sought to allay shareholder concerns at the company's annual meeting. Noting that he was disappointed by Sirius's lagging stock price, he said that when compared with rival XM, "We suck less."
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SAN FRANCISCO (CBS.MW) -- Shares of Sirius Satellite Radio declined as much as 22 percent Wednesday following two analyst downgrades.