Jump to Navigation
Home

Main menu

  • Home
  • News
  • Markets Map
  • Sentiments
  • Topics
  • Data
  • Comments
  • Images
  • Blog
  • About

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • Discussions
  • Wipro, Axis Bank and ITC in $10 bn m-cap club
  • Business Events
  • UK inflation rate falls to 2.4%
  • Frontier Communications - A Light At The End Of The Tunnel
  • Ministry to build distribution center for farm products
  • Kyle Bass Commissioned A Poll Of That Confirmed To Him...
  • Tumblr's David Karp: A school dropout who struck it...
  • Vodafone posts fall in service revenue
  • 25 People You Should Meet Who Can Help Get You A Job In...
  • It's Been An Insane Week Already For Gold And Silver

    Sirius: Risks Outweigh Rewards

    Mon, 06/11/2012 - 05:31 EDT - Seeking Alpha
    • LMCA
    • P
    • Ry Frank
    • SIRI

    By Ry Frank:Although Sirius XM Radio (SIRI) is still the satellite radio giant in today's media, a combination of mounting competition and the possibility of a change in ownership lead me to believe Sirius XM Radio is a stock to stay away from. While the price per share of Sirius XM Radio's stock had been up as high as $2.40, it recently fell below $2 for the first time since early January. With the recent increase in competition and a possible change in ownership stakes, it is hard to tell how Sirius will fare in the future.Earlier in May, the Federal Communications Commission rejected Liberty Media's (LMCA) bid to take over control of Sirius XM Radio. Initially, Liberty Media urged Sirius to conduct a share buy back program that would leave Liberty Media the majority shareholder of common stock. With no luck, Liberty Media, which is already the major shareholder ofComplete Story »

    • Original article
    • Login or register to post comments
     

    Related

    • Sirius XM To Liberty: Not So Fast

      By Little Apple:Thursday morning it was widely reported that Liberty Media (LMCA) will move quickly to take over control of Sirius XM (SIRI).

    • Sirius Could Jump 15% On Malone Buying Spree

      By Dividend Kings:The Federal Communications Commission (FCC) told John Malone he needs to buy a lot more Sirius XM (SIRI) stock if he wants to take over the radio network, Reuters reported.

    • Sirius XM: The Buybacks Officially Begin - Plus: A December Dividend

      By Little Apple:Tuesday, I wrote an article speculating that Sirius XM (SIRI) might pay a special dividend, and buy back its own shares in December, due to a revolving credit agreement the company made with a series of banks for $1.25 billion.

    • Sirius XM Radio Cheerleaders: Sell Stock, Take Profits

      By Kofi Bofah:The formerly even Sirius XM Radio (SIRI) debate has now been hijacked and degraded into a one-sided affair led by rabid bulls. Sirius cheerleaders do not tolerate dissent. At the top, conspiracy theorists haughtily shun the sell side as white flag machinations of hedge fund players on the wrong side of this trade. At $2.70, Sirius shares have more than doubled off their $1.27 52-week low.

    • Sirius Investors: New 45.2% Liberty Stake Is Good News

      By Income Hunter:Sirius XM (SIRI) stock might get a slight bump in value in the next few weeks because John Malone of Liberty Media (LMCA) appears to be buying up a lot of it.

    • 2 Tech Giants Outpacing Sirius

      By Stock Croc:Sirius XM's (SIRI) largest stockholder, Liberty Media (LMCA), appears to be laying the groundwork for a hostile takeover of the satellite radio company. Liberty has filed paperwork with the Federal Communications Commission (FCC) that seems to indicate that it wants to take control of Sirius XM's licenses.

    • FCC Bends, Liberty Media's Application For De Jure Control Open For Comment: Good News For Sirius Bulls

      By Little Apple:The FCC has finally decided to put Liberty Media's (LMCA) application for de jure control of Sirius XM (SIRI) up for public notice.

    • Sirius XM: Liberty Withdraws FCC Application And Refiles For Total Control

      By Little Apple:Sirius XM (SIRI) has filed an 8-k with the SEC that says Liberty Media (LMCA) plans to increase its ownership of Sirius to more than 50%.

    • Options For A Potential Liberty/Sirius Merger

      By Mike Stallings:One of the hottest M&A topics in the financial world today is what will happen on or around March 6th, 2012? Will Liberty (LMCA) make a play for some or all of Sirius (SIRI) radio, of which it already has a 40% stake in? What will happen to the share prices of both companies?

    Latest

    Simple Webmaster Guide To Building An Ethical Backlink Profile to get Google to love your site
    Simple Webmaster Guide To Building An Ethical...
    UK inflation falls: what analysts say
    UK inflation falls: what analysts say

    User login

    • Create new account
    • Request new password
    • Click on the icon to sign in with your social network login or enter your Bullfax.com login

    Our Blog

    • Marks & Spenser, Bank Loans in China, Vodafone and Asian Stocks in Our News for Today 05/21/2013
    • Actavis to acquire Warner Chilcott in $5bn pharmaceutical deal
    • Quantative Easing: Not on the long run

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 1666.29 -0.07% FTSE: 6755.72 0% Nikk.: 15381.02 0.13% DAX: 8418.15 -0.45% HSI: 23366.369 -0.54% FX: EUR/GBP: 1.1778 USD/EUR: 1.2887 JPY/USD: 102.677 Commodities: Gold: 1379.65

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • Discussions