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SeekingAlpha Media Stocks (Free subscription) | 05/08/2009
Julia Boorstin submits: Sirius XM (SIRI) satellite radio service faces tough competition from free services plus the challenge of keeping and adding subscribers despite a pullback in consumer spending. The company, the result of a merger of Sirius Satellite Radio and XM Satellite Radio Holdings last July, has been struggling. And Thursday morning's quarterly results were worse than expected. Sirius...
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Market Watch (Free subscription) | 04/14/2009
SAN FRANCISCO (MarketWatch) -- Standard & Poor's said late Tuesday it raised its corporate credit rating on Sirius XM Radio Inc. and XM Satellite Radio Holdings Inc. to CCC+ from CCC. The corporate credit rating outlook is stable. "The ratings upgrade reflects our increased comfort with the company's near-term liquidity needs following the refinancing of its significant 2009 debt maturities...
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Rad Sat Daily (Free subscription) | 02/14/2009
SIRIUS XM Radio (Nasdaq: SIRI) announced today that XM Satellite Radio Holdings Inc., its wholly-owned subsidiary, had exchanged approximately $172.5 million aggregate principal amount of its outstanding 10% Convertible Senior Notes due December 2009 for a like principal amount of its newly issued Senior Secured Notes due 2011. An aggregate of $400 million in principal amount of the 10% Convertible...
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SeekingAlpha Media Stocks (Free subscription) | 02/13/2009
Tyler Savery submits: It is not the February debt that made the news today, but rather some of the XM debt from December of this year. Sirius XM Radio (SIRI) announced that XM Satellite Radio Holdings Inc., its wholly-owned subsidiary, had exchanged approximately $172.5 million aggregate principal amount of its outstanding 10% Convertible Senior Notes due December 2009 for a like principal amount...
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StockMarketSundays - Sirius XM Blog (Free subscription) | 02/13/2009
It is not the February debt that made the news today, but rather some of the XM debt from December of this year. SIRIUS XM Radio announced that XM Satellite Radio Holdings Inc., its wholly-owned subsidiary, had exchanged approximately $172.5 million aggregate principal amount of its outstanding 10% Convertible Senior Notes due December 2009 for a like principal amount of its newly issued Senior Secured...
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SiriusBuzz (Free subscription) | 02/13/2009
It is not the February debt that made the news today, but rather some of the XM debt from December of this year. SIRIUS XM Radio announced that XM Satellite Radio Holdings Inc., its wholly-owned subsidiary, had exchanged approximately $172.5 million aggregate principal amount of its outstanding 10% Convertible Senior Notes due December 2009 [...]
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Market Watch (Free subscription) | 02/13/2009
SAN FRANCISCO (MarketWatch) -- Sirius Xm Radio said Friday its wholly-owned subsidiary XM Satellite Radio Holdings had exchanged about $172.5 million aggregate principal amount of its outstanding 10% Convertible Senior Notes due December 2009 for a like amount of newly issued Senior Secured Notes due 2011. A total of $400 million in principal amount of the 10% Convertible Senior Notes due December...
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Orbitcast (Free subscription) | 09/12/2008
Los Angeles-based Mt. Wilson FM Broadcasters has filed the first petition for reconsideration with the FCC over the merger between Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.Mt. Wilson is the licensee of L.A. radio stations KKGO and KGIL.The broadcaster is asking the Commission to take a second look at the conditions imposed on Sirius XM Radio Inc. The company argues that the conditions...
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The Daily Swarm (Free subscription) | 09/11/2008
In July, Sirius Satellite Radio Inc. bought XM Satellite Radio Holdings Inc. in an all-stock deal worth $2.76 billion. The deal combines the nation’s only two satellite radio companies, offering over 300 channels. Shares of Sirius fell 16 cents, or 14.1 percent, to 98 cents amid heavy volume. The stock hit a new 52-week low of 90 cents earlier in the session. Read and comment. From biz.yahoo.com....
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Orbitcast (Free subscription) | 07/30/2008
FCC Commissioner Deborah Taylor Tate has finally issued a statement (technically, two statements) on the now-approved merger between Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. Tate doesn't wax poetically about the merger like Commissioner Copps, her Democratic counterpart. Instead, she focuses purely on the Consent Decree and Sirius-XM's adherence to FCC regulations. You can...
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The Wichita Business Journal (Free subscription) | 07/28/2008
Sirius Satellite Radio Inc., which received final regulatory approval for its merger with XM Satellite Radio Holdings Inc. on July 25, added about 280,000 subscribers last quarter and cut its losses. (SIRI) (XMSR)
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The Washington Business Journal (Free subscription) | 07/28/2008
Sirius Satellite Radio Inc., which received final regulatory approval for its merger with XM Satellite Radio Holdings Inc. on July 25, added about 280,000 subscribers last quarter and cut its losses. (SIRI) (XMSR)
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Red Orbit (Free subscription) | 07/28/2008
IRVINE, Calif., July 28 /PRNewswire/ -- FiSpace.net, which provides social networking tools for investors, announces the availability of blogs, message boards, and articles regarding technology innovators Sirius Satellite Radio Inc. , XM Satellite Radio Holdings Inc.
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