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As of February 11, 2009, Sirius XM had $3.25 billion in total debt and had until February 17, 2009, to repay $175 million in bonds held by EchoStar. EchoStar has been buying Sirius XM's debt since an unsuccessful December 2008 takeover bid. Shares of Sirius XM had been trading for less than $1 from September 10, 2008, until February 2010. [66]
On March 24, 2008, the United States Department of Justice approved the merger of XM and Sirius Satellite Radio. [29] On July 26, the FCC approved the XM-Sirius merger [30] and on July 29, Sirius and XM officially merged as Sirius XM Radio. [31] XM Canada and Sirius Canada, subsidiaries of the parent companies, remained separate until April ...
Sirius XM's mobile app (version 3.0), as seen on the iPad Mini. On February 4, 2010, the Sirius XM BlackBerry application was announced, for use on BlackBerry smartphones (the Bold, Curve, Storm, and Tour). [82] As of April 2013, the app featured over 150 channels. [83] On May 28, 2010, the Sirius XM application for Android smartphones was ...
It's a slow-and-steady-wins-the-race kind of trade, whereas Sirius XM leans more toward an all-or-nothing, lightning-in-a-bottle prospect. Should you invest $1,000 in Costco Wholesale right now?
Sirius XM's total interest expense was $416 million over the last 12 months, or a large chunk of its $2 billion in operating earnings. If revenue keeps falling, profits will keep falling. But the ...
On Sep. 9, Sirius XM completed its split-off and merger transaction with Liberty Media which included a 1-for-10 reverse split. This means that shareholders of the stock received one new share for ...
S. Shade 45; Sirius XM Love; Sirius XM Book Radio; SiriusXM Chill; Sirius XM Hits 1; Sirius XM NASCAR Radio; Sirius XM NBA Radio; Sirius XM NFL Radio; Sirius XM Patriot
One of the more interesting turnaround stories in the market is that of Sirius XM Holdings. As the stock plunged by more than 58% in 2024, none other than Warren Buffett's Berkshire Hathaway (NYSE ...