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SIRI Market Currents
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Wednesday 3:25 PM Sirius XM (SIRI -1.1%) CEO Mel Karmazin won't cede control of the company quietly, as he tells shareholders at the company's annual meeting in New York that he doesn't want to be responsible for somebody else calling the shots and would like to see any buyer pay a hefty premium. As far as that double-digit drop in SIRI shares over the last year, the usually-loquacious exec sums it up in three words. "Our stock sucks."
7 Comments[Consumer]
- Monday 1:09 PM Sirius XM (SIRI +2.4%) announces a deal with Audi (VLKAY.PK) that gives customers who purchase a 2013 model year vehicle a 4-year subscription to SiriusXM Traffic. The promotion is in addition to an existing perk where Audi buyers in North America receive a 3-month subscription to SiriusXM's basic service. [Consumer, Global & FX]
- Friday 10:51 AM Sirius XM (SIRI +2.1%) CEO Mel Karmazin keeps selling shares like clockwork, according to SEC filings showing separate sales of 8.5M shares apiece. Rocco Pendola says Mel isn't done yet, as he predicts another offloading of SIRI shares next month by the exec as he makes his dispassionate case for SIRI running back down to $1.65. [Consumer]
SIRI in Focus
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at MarketWatch.com (Sat, 11:10PM)
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at MarketWatch.com (Fri, 12:03PM)
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at MarketWatch.com (May 15, 2012)
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at MarketWatch.com (May 14, 2012)
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at MarketWatch.com (May 11, 2012)
SIRI Press Releases and Filings
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PR Newswire (Wed, 10:15AM)
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PR Newswire (Tue, 1:30PM)
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PR Newswire (Tue, 12:50PM)
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PR Newswire (Mon, 5:00PM)
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PR Newswire (Mon, 11:38AM)
SIRI Latest Transcript
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Tue, May 1Popular searches: siri.
SIRI Cramer
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Wed, Oct 20, 2010
SIRI Instablog posts
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SIRI vs. ETF Alternatives
Company Description
We broadcast our music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through our proprietary satellite radio systems — the SIRIUS system and the XM system. In July 2008, our wholly owned subsidiary, Vernon Merger Corporation, merged... More