SATWAVES

Sirius XM Radio Launches BlackBerry App!

By Brandon Matthews The rumors from Orbitcast are true. Last night Sirius XM Radio (Nasdaq: SIRI) unveiled its new BlackBerry page on its website. Apparently, there are multiple BlackBerry (Nasdaq: RIMM) apps available, specifically designed for various models. Listed models include the BlackBerry Curve 8500, Curve 8900, Bold 9000, Bold 9700, Storm, Storm 2 9500 and the Tour. The full Internet lineup seems to be available, with the notable exception of Howard Stern once again. Sirius XM's ...

Another Look at a Sirius XM Reverse Stock Split

By Brandon Matthews In recent months, I have made it my personal agenda to educate Sirius XM Radio (Nasdaq: SIRI) retail investors to the truth of any potential impact a reverse stock split may have on the equity. The need arose initially from misinformation that was being plastered on stock message boards across the internet, that seemed to be nothing more than another attempt at fear mongering by institutions as they loaded up on SIRI shares. In response to these false rumors that were b...

Wunderlich Securities Initiates a Buy Rating on Sirius XM (SIRI)

by Demian Russian Wunderlich Securities' Media & Entertainment Analyst Matthew Harrigan initiated coverage of Sirius XM (Nasdaq: SIRI) today with a "Buy" rating and a $1.00 price target. Looking over his SIRI research report, it is clear that Mr. Harrigan sees a positive future for Sirius XM. Harrigan notes that "SIRI's product continues to resonate with consumers" and points to the recent Arbitron study and pre-announced Q4 subscriber gain of 257,000 as evidence of this. Pointing to t...

Time To Get “Sirius” About Pandora

By Brandon Matthews I recently penned an article explaining the reasons why internet music companies such as Pandora should not be considered competition to the Satellite Radio provider, Sirius XM Radio (NASDAQ:SIRI). Apparently, the semi-humorous nature of the article took away from the message that I was trying to convey. Sirius XM Radio CEO Mel Karmazin has pointed out on several occasions that Satellite Radio has been in competition with iPods and MP3 players since its inception. In 19...

Sirius XM: Scenes From CES 2010

By Brandon Matthews Satwaves is pleased to report that our reporting team has arrived safely at the 2010 Consumer Electronics Show in Las Vegas Nevada. With their Satwaves media passes proudly displayed, Chris Stepanick and Aaron Lilley have sent back these first photos of the event, including the first photos of Sirius XM Radio's (NASDAQ: SIRI) new XMp3i. Sorry Satellite Radio fans, the "i"stands for injection rather than Internet. It takes its name from the patented XM PowerConnect techn...