International Business News - SIRI http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Sirius XM Radio Inc. said Tuesday it hired sports talk personality Chris "Mad Dog" Russo, former star of the "Mike and the Mad Dog" show, for a five-year contract to headline a new sports talk channel available on both Sirius and XM satellite radio. http://www.ibtimes.com/articles/20080819/sirius-xm-hires-russo-for-new-sports-talk-channel.htm Tue, 19 Aug 2008 07:54:07 EDT Sirius Satellite Radio says it narrowed its second-quarter loss, just before its acquisition of XM Satellite Radio closed. Sirius lost $83.9 million, or 6 cents per share, in the quarter, compared to a loss of $134.1 million, or 9 cents per share, last year. http://www.ibtimes.com/articles/20080807/pre-merger-sirius-narrows-loss-by-38-percent.htm Thu, 07 Aug 2008 07:43:43 EDT As the purchase of XM Satellite Radio by larger rival Sirius Satellite Radio Inc. closed Tuesday, questions remained over whether the combined company can handle its $3.4 billion in debt--including $1.1 billion due next year. http://www.ibtimes.com/articles/20080729/debt-and-programming-challenge-combined-sirius-xm.htm Tue, 29 Jul 2008 18:14:34 EDT Among the stock activity stories for Tuesday, July 29, from AP Financial News: NEW YORK (AP)--Shares in A.H. Belo fell toward a 52-week low Tuesday, continuing a sharp decline sparked Monday after the publisher reported a quarterly loss and said it will slash 500 jobs. http://www.ibtimes.com/articles/20080729/movers-roundup-ah-belo-sirius-xm-radio.htm Tue, 29 Jul 2008 14:26:39 EDT Shares of Sirius XM Radio Inc., the new entity resulting from the purchase of XM Satellite Radio Holdings Inc. by Sirius Satellite Radio Inc., fell Tuesday by almost 10 percent. http://www.ibtimes.com/articles/20080729/sirius-stock-slips-after-xm-acquisition-closes.htm Tue, 29 Jul 2008 11:53:20 EDT Shares of Sirius XM Radio Inc., the new entity resulting from the purchase of XM Satellite Radio Holdings Inc. by Sirius Satellite Radio Inc., are down 15 percent. http://www.ibtimes.com/articles/20080729/sirius-stock-slips-after-xm-acquisition-closes.htm Tue, 29 Jul 2008 10:26:49 EDT XM Satellite Radio and Sirius Satellite Radio said Tuesday they have completed their long-pending merger. The combined company plans to use the name Sirius XM Radio Inc. Its stock will continue to be traded on the Nasdaq under the ticker symbol SIRI. They first announced their deal in March 2007. http://www.ibtimes.com/data/articleimgs/99762-fcc-xm-sirius.jpg http://www.ibtimes.com/articles/20080729/xm-satellite-and-sirius-complete-merger.htm http://www.ibtimes.com/articles/20080729/xm-satellite-and-sirius-complete-merger.htm Tue, 29 Jul 2008 08:12:41 EDT Sirius Satellite Radio Inc. said Monday that it expects to post a 70 percent smaller adjusted loss from operations in the second quarter as revenue rises. http://www.ibtimes.com/articles/20080728/sirius-expects-2q-adjusted-loss-to-shrink-70-pct.htm Mon, 28 Jul 2008 10:47:02 EDT Sirius Satellite Radio Inc. said Monday it plans to sell about $375 million of its common stock and up to $65 million more from time to time concurrently with a private offering by XM Satellite Radio Inc. http://www.ibtimes.com/articles/20080728/sirius-and-xm-satellite-plan-offerings.htm Mon, 28 Jul 2008 09:13:41 EDT Sirius Satellite Radio Inc. said Monday it expects a 70 percent narrower loss for its second quarter, compared with the same period a year ago, on a surge in revenue. http://www.ibtimes.com/articles/20080728/sirius-expects-narrower-2q-loss.htm Mon, 28 Jul 2008 08:07:57 EDT Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry. http://www.ibtimes.com/data/articleimgs/98117-fcc-xm-sirius.jpg http://www.ibtimes.com/articles/20080726/fcc-approves-satellite-radio-merger-in-3-2-vote.htm http://www.ibtimes.com/articles/20080726/fcc-approves-satellite-radio-merger-in-3-2-vote.htm Sat, 26 Jul 2008 06:40:22 EDT Federal regulators formally approved the merger of the nation's only two satellite radio operators Friday, ending a 16-month-long drama closely watched by Washington and Wall Street. http://www.ibtimes.com/data/articleimgs/97999-fcc-xm-sirius.jpg http://www.ibtimes.com/articles/20080725/wait-gets-longer-for-satellite-radio-merger.htm http://www.ibtimes.com/articles/20080725/wait-gets-longer-for-satellite-radio-merger.htm Fri, 25 Jul 2008 23:34:08 EDT Shares of Sirius Satellite Radio Inc. were down 6.2 percent in midday trading on Friday. The Federal Communications Commission is close to approving the company's acquisition of rival XM Satellite Radio Holdings Inc., with one commissioner left to vote. http://www.ibtimes.com/articles/20080725/satellite-radio-company-sirius-shares-down.htm Fri, 25 Jul 2008 13:05:36 EDT Jobless claims jump as housing market gets weaker WASHINGTON (AP)--Two cornerstones of the economy--jobs and housing--sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. http://www.ibtimes.com/articles/20080724/business-highlights.htm Thu, 24 Jul 2008 18:29:46 EDT Approval of a merger of the nation's only two satellite radio companies was imminent Thursday after the pair agreed to pay $19.7 million to settle charges they violated federal rules. http://www.ibtimes.com/articles/20080724/satellite-radio-companies-would-pay-19-million.htm Thu, 24 Jul 2008 17:21:04 EDT House OKs rescue for homeowners, Freddie, Fannie WASHINGTON (AP)--Rescue legislation sailed through the House Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and to prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing. http://www.ibtimes.com/articles/20080723/business-highlights.htm Wed, 23 Jul 2008 19:05:55 EDT The proposed merger of the Sirius and XM satellite radio companies appeared close to final approval Wednesday, with the sole undecided member of the Federal Communications Commission poised to support the deal if the companies settle past rules violations. http://www.ibtimes.com/articles/20080723/fcc-vote-trickling-in-on-xm-sirius-merger.htm Wed, 23 Jul 2008 17:48:43 EDT Among the earnings stories for Tuesday, July 22, from AP Financial News: WASHINGTON (AP)--XM Satellite Radio Holdings Inc., which is seeking regulatory approval for an acquisition by rival Sirius Satellite Radio Inc., on Tuesday posted a smaller second-quarter loss as total new subscribers to the satellite radio company's services rose 17 percent. http://www.ibtimes.com/articles/20080722/earnings-roundup-xm-satellite-wabtec.htm Tue, 22 Jul 2008 10:52:18 EDT XM Satellite Radio Holdings Inc., which is seeking regulatory approval for an acquisition by rival Sirius Satellite Radio Inc., on Tuesday reported a smaller second-quarter loss as it increased its subscriber base by 17 percent. http://www.ibtimes.com/articles/20080722/xm-satellite-radio-posts-smaller-2nd-quarter-loss.htm Tue, 22 Jul 2008 18:30:18 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080721/merck-bofa-genentech-yahoo-among-big-movers.htm Mon, 21 Jul 2008 17:10:33 EDT