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SMALL BUSINESS
Trading Outlook for Sirius XM Radio Inc. Issued by StockPreacher.com
DALLAS, Nov. 6, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Sirius XM Radio Inc. (Nasdaq:SIRI). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Sirius XM Radio Inc. (Nasdaq:SIRI) should be of particular interest to comparable broadcast/radio companies: Cumulus Media Inc. (Nasdaq:CMLS), Salem Communications Inc. (Nasdaq:SALM), Radio One Inc. (Nasdaq:ROIAK) and Corus Entertainment Inc. (NYSE:CJR).
The full report is available at: http://www.stockpreacher.com/n/SIRI
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Sirius XM Radio Inc. (SIRI) has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting in the United States, its music, sports, news, talk, entertainment, traffic and weather channels for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system. On July 28, 2008, its wholly owned subsidiary, Vernon Merger Corporation, merged (the Merger) with and into XM Satellite Radio Holdings Inc. and, as a result, XM Satellite Radio Holdings Inc. became its wholly owned subsidiary.
Message Board Search for SIRI: http://www.boardcentral.com/boards/SIRI
In the report, the analyst notes:
"At June 30, 2009, SIRI had 18,413,435 subscribers, a decrease of 163,395 subscribers, or 1%, from the 18,576,830 subscribers as of June 30, 2008. The decrease was principally the result of 755,659 fewer gross paid promotional trial additions due to the decline in North American auto sales. This decline was partially offset by an increase of 592,264 in self pay subscribers compared to June 30, 2008. Gross subscriber additions decreased approximately 35% during the three and six months ended June 30, 2009, compared to the three and six months ended June 30, 2008.
"SIRI in September announced that SIRIUS FM-5, the newest addition to the SIRIUS XM satellite fleet, was recently placed into service on the SIRIUS network. The new satellite, which was manufactured by Space Systems/Loral, provides improved signal penetration and reception to millions of SIRIUS subscribers nationwide. FM-5 is now fully operational and broadcasting SIRIUS XM programming and data services to SIRIUS radios in North America."
To read the entire report visit: http://www.stockpreacher.com/n/SIRI
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
CONTACT: StockPreacher.com
Jeff Bishop
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