Investing

Sirius XM Growth Train Continues (SIRI)

Sirius XM
Sirius XM Radio Inc. (NASDAQ: SIRI) managed to grow ahead of expectations.  The company added some 1.7 million new subscribers in 2011 to end the year with almost 21.9 million subscribers.  The report put total annual subscribers up about 100,000 more than what it had previously expected.  2011 turned out to be the best year for new subscribers for Sirius going back to the 2008 acquisition of XM Radio which allowed the satellite radio giants to combine into a monopoly.

The result is about 540,000 subscribers in the fourth quarter added in total and Sirius XM is backing its existing 2011 and 2012 guidance.

With shares up over 20% in the last quarter you might think that the good news was already priced into the stock.  Shares closed down 1.6% at $1.83 to day, but the after hours session has shares up 2.2% at $1.87 in active trading versus a 52-week trading range of $1.27 to $2.44.

The big question remains… With Howard Stern now taking on the judge role for ‘America’s Got Talent’ after claiming that he was already being overworked during contract negotiations, is he going to remain as active in his broadcast role ahead? 

JON C. OGG

Travel Cards Are Getting Too Good To Ignore

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.