Satellite

Satellite Articles

Globalstar Inc. (NASDAQ: GSAT) is apparently set to price its (up to) $135 million securities offering tonight. In a previous article, we discussed the terms of the offering, including the fact that...
Once The Justice Department cleared the merger of Sirius (NASDAQ: SIRI) with XM Satellite (NASDAQ: XMSR) and there was some anticipation that the deal would get done the shares of both companies...
Globalstar, Inc. (NASDAQ: GSAT) intends to offer $135 million of Convertible Senior Notes due 2028, with a $15 million overallotment.  Merrill Lynch and Deutsche Bank Securities Inc. will act as...
It seems that Goldman Sachs is sticking by its negative call in Sirius Satellite Radio (NASDAQ: SIRI), except that the call went from cautious to very negative in tone.  Goldman Sachs has added the...
The Department of Justice has now cleared the deal for Sirius (NASDAQ: SIRI) to merge with XM Satellite Radio (NASDAQ: XMSR). The reaction was muted. Sirius stock rose to $3.15. It was nearly $8 in...
By now you have already seen the Department of Justice approval of the merger between Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR).  Jim Cramer came on CNBC’s MAD...
The Department of Justice has reportedly cleared the satellite radio merger where Sirius Satellite Radio (NASDAQ: SIRI) will be able to acquire XM Satellite Radio (XMSR) in its pending merger.  This...
The FCC says it is getting closer to announcing its opinion of the Sirius (NASDAQ: SIRI) merger with XM Satellite (NASDAQ: XMSR). That may not be good news. The commission may turn the deal down....
Globalstar Inc. (NASDAQ: GSAT) filed for a shelf registration of mixed securities this morning that would allow it to sell up to $700 million.  The registration will allow it to sell debt...
DirecTV (NYSE: DTV) has hundreds of channels and can offer high-definition programming, but, because satellite signals do not work two-way, getting into the "on demand" business has been impossible....
Mel Karmazin, CEO of Sirius Satellite Radio Inc. (NASDAQ: SIRI), has commented at the Bear Stearns Media Conference that he continues to be "very optimistic" over receiving proper regulatory approval...
24/7 Wall St. spoke to Rep Gene Green of Texas. He is Congress’s most vocal opponent of the Sirius (NASDAQ: SIRI) merger with XM Satellite (NASDAQ: XMSR). He has been vilified by none other than...
Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) hav extended their merger agreement to May 1, 2008.  As a reminder, Jim Cramer recently called out all the congressmen...
XM Satellite Radio just posted earnings of a net loss of $239 million on a 20% rise in revenues to $308 million.  The net loss on an EPS basis was -$0.78 EPS, but that included $0.25 for certain...
Sirius Satellite Radio (NASDAQ: SIRI) has posted earnings, and it showed -$0.11 EPS and $249.8 million in revenues.  First Call had estimates at -$0.13 EPS and $267.4 million in revenues.  It also...