It's been just over four months since Sirius XM Radio parted ways with former CEO Mel Karmazin, and along with its quarterly earnings Tuesday the satellite radio company said his interim replacement Jim Meyer will get the job on a permanent basis.
There is nothing that Wall Street hates more than uncertainty. This has been one of the main points of contention whenever there is a discussion involving Sirius XM. Although the company has been one of the best turnaround stories over the past...
With a close above 2.75, Sirius XM achieves a technical analysis breakthrough that may portend higher levels. By breaking above previous recent highs on both the daily and the weekly charts, SIRI puts itself on the "breakout" screen of many traders.
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With the merger of XM and Serius to form Sirius XM Radio Inc. (SIRI) , this industry is left with only two companies. These companies provide listeners with commercial free radio in exchange for a monthly subscription fee.