Media
Sirius Up 6% on 6.02 Million Subscribers and Free Cash Flow
Published:
Last Updated:
Sirius Satellite Radio (SIRI) said that it finished 2006 with 82% more subscribers than in the previous year, in-line with the company’s recently lowered projection. It grew from 3.3 million subscribers in 2005-end to 6.024 million subscribers at the end of 2006. SIRI shares are up over 5%at $3.76 pre-market.
This is within the company’s Dec. 4 forecast of 5.9 million to 6.1 million subscribers. Sirius also noted that it expects to report its first quarter of positive free cash flow in the quarter, a milestone.
The New York Times recapped on Monday the advantages of a merger for the two companies, and we commented on this a ways back too. This potential merger talk is getting long in the tooth.
Jon C.Ogg
December 3, 2006
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
