Satellite Radio Stocks Sold Despite Bullish News
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Another round of good news from the two satellite radio companies couldn't stem the selling of their shares Monday.
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Satellite radio is ready for your ears and maybe your portfolio.
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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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The Motley Fool - Yet another satellite-based communications company has stepped up to the plate and knocked the stitches off the ball. Globecomm Systems (Nasdaq: GCOM - News) reported earnings for Q4 and fiscal 2006 last night, with a full-year earnings increase of 48% on 15% higher revenues and a steady stream of fat, long-term contracts lined up.
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Sirius Satellite Radio Inc. , which plans to buy rival XM Satellite Radio , posted a narrower quarterly loss on Tuesday, driven by an increase in subscribers.
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By Charles Babington, Washington Post Staff Writer  The nation's two satellite-radio companies promised yesterday to refrain from raising prices, for a time at least, if they are allowed to merge. But some lawmakers and consumer groups appeared dubious.
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Sirius Satellite Radio Inc. Friday followed its signing of radio ``shock jock&#39;&#39; Howard Stern by announcing an offering of stock and bonds that would raise $290 million.
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I believe that investors no longer see EMC dominating the storage market. That's a good thing-in a way, even for EMC.
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The two main U.S. satellite radio  providers, Sirius Satellite Radio and XM Satellite Radio on  Monday said they would merge in a stock-for-stock deal, a move  that has been long expected in the young industry.
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Viacom buying Sirius makes sense, but it doesn't make dollars.
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DOW 12,786.64  +19.07    NASDAQ 2,513.04  +16.73    S&P 500 1,459.68  +4.14    RUSSELL 2000 826.11  +7.96 TOPLOCAL  Special hybrid goes on sale next month  Torrance-based Toyota Motor Sales U.S.A. Inc.
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Both XM and Sirius reported their full fourth calendar quarter results this week, showing that while both companies were making progress at narrowing losses, true profitability is still a long ways away.
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XM Satellite Radio Holdings Inc. , which has agreed to be acquired by rival Sirius Satellite Radio , posted a narrower quarterly loss as it trimmed costs, sending shares up 3 percent on Monday.
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Don't assume that a stock's surging EPS is great news.
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Satellite radio wins the market's straw poll by landing its two key players into the Nasdaq-100 Composite.
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By Seth Sutel  XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc., rivals in the fledgling satellite radio industry, have agreed to combine in a deal that investors hope will result in lower costs, assuming it overcomes significant regulatory hurdles.
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Sirius Satellite Radio agreed to buy larger U.S. rival XM Satellite Radio for $4.6 billion in stock on Monday in a deal that gives all subscribers access to entertainers such as Oprah Winfrey and shock-jock Howard Stern.