SATWAVES

Howard Stern Takes Up Sirius XM/WCS FCC Fiasco

By Brandon Matthews Satwaves is proud to announce that Sirius XM Radio's (Nasdaq:SIRI) Howard Stern has taken up the issue of the FCC's proposal to allow some wireless services to interfere with satellite radio broadcasts. Stern discussed the issue live on his show yesterday, quoting and reading directly from an article I wrote several days ago, titled "Will The FCC Interfere With Sirius XM Yet Again?." With a tone of disgust that should be expected of anyone now familiar with the deca...

Wunderlich Securities’ Matthew Harrigan Hints at Sirius XM (SIRI) Price Target Upgrade

by Demian Russian In a research note issued today, Wunderlich Securities' Media & Entertainment Analyst, Matthew Harrigan weighs in on Sirius XM's (NASDAQ: SIRI) rise over his initial $1.00 price target, which he "will reassess after next week's earnings release." Mr. Harrigan hints that his price target may likely be upgraded. "Moving our auto sales unit run rate to 11.5 mm from 11.0 mm, about in line with automotive analyst consensus, would bump our price target to $1.25", he hypoth...

Ford Focus Commercial Promotes Sirius XM To Younger Generation

By Brandon Matthews When Sirius XM Radio (Nasdaq: SIRI) investors speak, Ford (NYSE: F) listens. Over the years that I have been following Satellite Radio's rise to mainstream popularity, one complaint that has often been repeated is a perceived lack of marketing towards the technologically spoiled, "twenty-something" generation. This weekend however, Ford launched a new TV commercial for the Ford Focus that targets this newest generation of car buyers. Or was it? The commercial shows a yo...

Sirius XM’s March Towards One Dollar (SIRI)

By Brandon Matthews In recent weeks, SIRI shares have skyrocketed from a low of .61 to a high of .95 following its pre-released fourth quarter results. The initial results confirmed Sirius XM's return to subscriber growth and ability to generate substantial free cash flow. The company maintained its 2009 operating guidance, while reporting that it had added over 257,000 subscribers in the quarter and had achieved free cash flow of over $100 million. The better than expected results got the at...

Media Continues Its Assault on Sirius XM and Howard Stern

By Brandon Matthews Soon after Howard Stern joined Sirius XM Radio (Nasdaq: SIRI), the mainstream media began to write that Stern had lost his relevance. For the last five years, they have also constantly reminded everyone of the costs associated with Stern's contract. They have used broad strokes to criticize the $500 million deal, while withholding the fact that the deal includes far more than Stern's salary alone. Stern's lifelong radio partner, Robin Quivers for example, is consistentl...