Sirius Satellite Radio and XM Satellite Radio are one step closer to finally completing their merger. For investors and consumers, it can't happen soon enough.
Shares of Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. rose Monday morning after the chairman of the Federal Communications Commission said the two satellite radio broadcasters should be allowed to combine.
Stocks looked set for a weak open Monday and oil prices broke a new record as Lehman confirmed its massive quarterly loss.
XM Satellite Radio reported Monday more of the same as it limps toward a final decision on its proposed merger with rival Sirius Satellite Radio: Slower growth and wider losses.
Going to 60 hockey games a year might sound like fun, but for Gary Bettman it's just another day at the office. In 15 years as NHL chief, he has more than quadrupled revenues to $2.6 billion, added four teams and, more recently, signed TV deals with NBC and Versus, and led the league to record attendance levels even after the 2004-05 lockout season.
On Monday, the Justice Department approved the $4.6 billon merger of Sirius Radio and XM Satellite Radio Holdings, the nation's only satellite radio providers.
The Justice Department approved Sirius Satellite Radio's $5 billion buyout of rival XM Satellite Radio on Monday, saying the deal was unlikely to hurt competition or consumers
Happy Presidents' Day! Since the U.S. markets are closed, businesses don't usually make big announcements on this holiday.
Get ready for what has got to be the all-time greatest sleeper of a tech trend: Radios, I kid you not, are making a comeback in 2008.
Shareholders approved a deal Tuesday to allow Sirius Satellite Radio Inc. to acquire its rival XM Satellite Radio Holdings Inc. for about $5 billion
Sirius Satellite Radio and XM Satellite Radio are one step closer to finally completing their merger. For investors and consumers, it can't happen soon enough.
Shares of Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. rose Monday morning after the chairman of the Federal Communications Commission said the two satellite radio broadcasters should be allowed to combine.
Stocks looked set for a weak open Monday and oil prices broke a new record as Lehman confirmed its massive quarterly loss.
XM Satellite Radio reported Monday more of the same as it limps toward a final decision on its proposed merger with rival Sirius Satellite Radio: Slower growth and wider losses.
Going to 60 hockey games a year might sound like fun, but for Gary Bettman it's just another day at the office. In 15 years as NHL chief, he has more than quadrupled revenues to $2.6 billion, added four teams and, more recently, signed TV deals with NBC and Versus, and led the league to record attendance levels even after the 2004-05 lockout season.
On Monday, the Justice Department approved the $4.6 billon merger of Sirius Radio and XM Satellite Radio Holdings, the nation's only satellite radio providers.
The Justice Department approved Sirius Satellite Radio's $5 billion buyout of rival XM Satellite Radio on Monday, saying the deal was unlikely to hurt competition or consumers
Happy Presidents' Day! Since the U.S. markets are closed, businesses don't usually make big announcements on this holiday.
Get ready for what has got to be the all-time greatest sleeper of a tech trend: Radios, I kid you not, are making a comeback in 2008.
Shareholders approved a deal Tuesday to allow Sirius Satellite Radio Inc. to acquire its rival XM Satellite Radio Holdings Inc. for about $5 billion
The Nasdaq composite index soared more than 2 percent at Friday's open after Microsoft's earnings report, while Countrywide's rosy outlook helped lift the broader market.
I had just finished speaking to a high school journalism class the other day -- clearly the guy who covers the local utilities commission was otherwise engaged -- when I was given the one question I can always count on being asked in these situations:
Marin Alsop says the toughest harmony she faces this season doesn't lie in demanding symphonic scores or the orchestras who play them.
On his long commute to the office, George Doty snakes through Houston, Texas, accompanied only by the two satellite radios on the dashboard of his Chevrolet pickup truck and the hum of whatever he has playing.
XM Satellite Radio said on Tuesday that Hugh Panero, its chief executive and a company founder, will step down in August.
Satellite radio providers Sirius and XM said Monday they can offer consumers a variety of subscription packages that cost up to 46 percent less than current plans if their merger is approved.
Radio broadcaster Cumulus Media Inc. said Monday it agreed to a $1.3 billion buyout by an investor group led by Chief Executive Lewis Dickey and an affiliate of Merrill Lynch Global Private Equity.
Sony's 2007 Bravia home theater in a box (HTIB) systems represent something of a departure from the company's popular Dream systems.
JACKSONVILLE BEACH, Fla. -- Charley Hoffman and his caddie Miguel Rivera were warming up on the driving range at Jacksonville Beach Golf Course on Monday morning, one with a club in his hand, the other imparting the odd word or two of advice.
Stocks were little changed early Friday ahead of a widely anticipated report on home sales.
U.S. stocks were flat at Friday's open, as investors awaited the existing home sales report a half-hour after the bell.
The National Music Publishers' Association (NMPA) filed a lawsuit against XM Satellite Radio Holdings Inc on Thursday for providing radios that allegedly let users reproduce and distribute copyrighted music without paying appropriate royalties.
Here are some of the companies whose shares were active in Wednesday trading:
Technology stocks were the leaders as U.S. stocks rallied to start the trading week Monday.
The Dow ended at a record high Tuesday for the second straight session, as investors welcomed a merger in the satellite radio industry, strength in retail and gains in select tech shares.
The Dow ended at a record high Tuesday for the second straight session, as investors welcomed a merger in the satellite radio industry, strength in retail and gains in select tech shares.
Stocks edged lower Monday morning as investors eyed lower oil prices, a merger in the satellite radio industry and earnings from Dow retailers Wal-Mart Stores and Home Depot.
U.S. stocks were flat to lower at Tuesday's open as some disappointing results from two Dow industrial retailers weighed on sentiment.
If Sirius Satellite Radio and XM Satellite Radio are allowed to go through with their plans to merge, there will only be one satellite radio network left in the U.S. But make no mistake: this would not constitute your classic monopoly.
XM Satellite stock jumped Monday after the No. 1 satellite radio company sharply cut its losses in the most recent quarter.
The just concluded World Series may not have been as thrilling as previous Fall Classics. But despite that, baseball fans actually have more reasons to be excited about the sport than they've been in decades.
Oprah Winfrey, Chairman of Harpo Inc., ranks No. 8 on Fortune's 2006 list of 50 Most Powerful Women.
Sirius Satellite said Wednesday it added new subscribers at a rapid pace in the third quarter, helping it narrow the gap with its larger rival XM Satellite Radio.
Shares of XM Satellite may be languishing, but chairman Gary Parsons emphasized Wednesday the growth potential for the industry and company.
Wireless telephone company Alltel and XM Satellite Radio announced a deal Thursday that allows Alltel's 11 million customers to listen to XM Satellite radio on their cell phones.
Sirius Satellite Radio Inc. Chief Executive Mel Karmazin said Monday he would like to buy archrival XM Satellite Radio Holdings Inc., but price and regulatory hurdles would be issues.
REBATES WOULD SEEM TO BE THE PERFECT SALES TOOL. The promised savings bring in customers, many of whom never claim the rebate that drew them. University of South Carolina professor Timothy Silk est...
Take your cut
XM Satellite Radio and Oprah Winfrey's Harpo Radio have signed a three-year, $55 million deal to launch a channel featuring the popular talk show host, the companies said Thursday.
Expect a somber mood Wednesday at the UBS Global Media Conference in New York City: It is newspaper day.
Mel Karmazin was miserable in his final days as Viacom's chief operating officer. The former Wall Street darling had struggled unsuccessfully to keep the company's stock aloft, lost his power struggle with Viacom CEO Sumner Redstone and finally left Viacom in June 2004. But he has returned from the depths, and he's never been happier.
Justin D'Angelo didn't want to go straight to a 9-to-5 lifestyle after college, so he needed to launch his own business. But he didn't have any idea what that business would look like.
Samsung Electronics Co. announced a partnership with XM Satellite Radio Tuesday and will offer the satellite radio service on a new MP3 player expected to be available by this December, according to a statement from the company.
Canada has granted broadcasting licenses to satellite radio rivals Sirius and XM Radio that carry strict stipulations about including Canadian content.
Combine the iPod with satellite radio and what do you get?
A continued slide in oil prices could give stocks a lift Monday at the start of a busy earnings week.
Hyundai Motor Co. said Wednesday it plans to offer XM Satellite Radio as standard equipment on all U.S. models by 2007.
Flamboyant rocker Sir Elton John will be getting plenty of frequent flier miles. Well, at least his face will.
The race among satellite radio operators to sign up big name celebrities heated up Wednesday when XM Satellite Radio announced it will soon add conservative talk show hosts Dr. Laura Schlesinger and G. Gordon Liddy to its programming lineup.
Satellite radio is the latest "buy what you know" stock phenomenon. As with Krispy Kreme in 2001 and the iPod-era Apple, shares in XM Satellite Radio (XMSR) and Sirius (SIRI) are zooming as more co...
Sirius Satellite Radio and XM Satellite Radio are holding preliminary talks on a possible merger, a newspaper said Wednesday, but Sirius CEO Mel Karmazin denied the report.
Travelzoo is up more than 50 percent in the past two months. IAC/InterActive and Overstock.com are both up nearly 33 percent. XM Satellite Radio has shot up 22 percent.
SALEM, Ore. (CNN/Money) - On a recent morning, my husband and I drove three hours through the mountains, in a snowstorm, with two-year-old twins, a carsick puppy and no cell phone service.
Pixar: Analysts call for third-quarter earnings of 24 cents in early November, a modest increase from last year's 23 cents. Investors are hoping for another blockbuster when Pixar's much-hyped next...
This is an update of a column that originally ran on September 30.
Opie and Anthony return to radio Monday, but good luck finding them on the public airwaves.
If there were doubts about satellite radio's mass appeal, this year they disappeared. In January a mere 1.6 million people pulled down music and other entertainment from the sky. But by year's end,...
In an ugly market for techs, investors remain enchanted by satellite radio stocks.
Shock jocks Opie and Anthony have found a new home on satellite radio, which at least for now puts them out of the reach of federal regulators' efforts to crack down on indecent broadcasts.
Technology stocks fell sharply Thursday as record high oil prices kept the Nasdaq under constant pressure in a trading session that grew progressively worse throughout the day.
As some SUVs get more monstrous--the Hummer H2 weighs about 6,400 pounds--a smaller, more practical version is catching on: midsized SUVs (or "sport-cutes"). They're now one of the fastest-growing ...
Now that Americans can fly across the country for about $200 round trip, record numbers of travelers are sitting back, trying to relax and enjoy those four- or five-hour flights.
XM Radio solved the technical challenges of bouncing music off satellites and into a moving car. Now, a couple of satellite gear makers have solved the much tougher problem of sending more than 200...
Stocks were poised for large gains Friday after the government's jobs numbers for March came in far stronger than forecast by economists. Meanwhile bond prices plunged.
Schnitzer Steel Industries Inc. reported that its second-quarter profit more than doubled thanks to strong demand in the United States and Asia, sending its shares soaring in after-hours trading.
What makes a five-hour road trip more boring than watching a spoonful of jelly harden? Making the drive without a decent radio station. That's when satellite radio pays off. You can listen to a vas...
What makes a five-hour road trip more boring than watching a spoonful of jelly harden? Making the drive without a decent radio station.
Will the self-proclaimed King of All Media help bring satellite radio from the fringes to the mainstream?
Satellite radio is a great service but shares of Sirius Satellite Radio and its larger rival XM Satellite Radio continue to orbit (couldn't resist) in some pretty rarified air.
Shares of Sirius Satellite Radio rallied again Tuesday afternoon, topped the Nasdaq most active list amid speculation that companies may be looking to take a stake in the subscription radio firm.
They're back. "It" stocks--the hot issues that defy all the laws of fundamental investing--have reappeared. These are the kinds of stocks that seem to keep heading higher for no other reason than t...
BROADBAND Electrifying the Net
The airlines are enticing frequent fliers by lowering the number of miles needed for a free trip. A round-trip flight to Europe on American or TWA is 35,000 miles, down from as much as 60,000, if you fly before March 31. On Delta, a trip to Japan will cost you 45,000 miles, down from 60,000, through Jan.31. United has discounted flights to Europe to 35,000 miles (from 50,000) through March 31, and to Asia and the South Pacific to 40,000 miles (from 60,000) through Jan.31.
Before the arrival of cable TV, the skeptics asked, "Who in his right mind would pay to see television?" Before Perrier flowed to these shores, those with parched imaginations scoffed, "Pay for wat...
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