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...

Will The FCC Interfere With Sirius XM Yet Again?

By Brandon Matthews I really hate conspiracy theories, but you really have to question the motives of the FCC when it comes to Sirius XM Radio (Nasdaq: SIRI). It took the agency nearly 17 months to approve the merger of the two satellite radio providers, which nearly resulted in bankruptcy for the newly combined company. On March 4th, the FCC granted special temporary authority for Sirius to broadcast in Haiti for 30 days to assist in relief efforts, following the devastating earthquake which...

Sirius XM Debt Picture To Improve Substantially

By Brandon Matthews Despite Sirius XM Radio (Nasdaq: SIRI) turning in an impressive 2009 report card, there are still questions surrounding the company's debt -- especially debt that will be coming due in 2013, which Bank of America/Merrill Lynch (NYSE: BAC) deemed a "debt tower" in a recent bullish report. As we have discussed on Satwaves with nearly every analyst we've interviewed, a lack of any debt due in the current year, combined with an improved credit rating, provides Sirius XM with a...

Satwaves Radio Tonight At 9:00 EST (SIRI)

By Brandon Matthews Satwaves Radio will air tonight at 9:00 PM EST. Matt Harrigan of Wunderlich Securities will be joining us in an exclusive live interview to discuss his opinion of Sirius XM Radio (Nasdaq: SIRI). This is Mr. Harrigan's second visit to Satwaves Radio. Mr. Harrigan has a Hold recommendation on Sirius XM shares and a $1.00 price target. A new report issued by Harrigan today suggests Sirius XM will benefit greatly from any improvements to the SAAR rate as the year progresses...

Sirius XM Auto Numbers: They’re Real, And They’re Spectacular!

By Brandon Matthews The February 2010 auto sales results are in, and if  ''old man winter" slowed auto sales down as reported, it is going to be a great year for Sirius XM Radio (Nasdaq: SIRI). Not only have light vehicle sales surpassed the record lows of last year at this time, there has been a significant sales shift in favor of Sirius XM's most important OEM partners. As we reported previously, Sirius XM has deals with every auto manufacturer, yet there are simply some deals that are more...