Top 10 Cheap Stocks To Buy Right Now: Sirius XM Radio Inc.(SIRI)
Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. It broadcasts a programming lineup of approximately 135 channels of commercial-free music, sports, news and information, talk and entertainment, traffic, and weather on subscription fee basis through two satellite radio systems in the United States; and holds an interest in the satellite radio services offered in Canada. The company also simulcasts music and selected non-music channels over the Internet; and offers applications to allow consumers to access its Internet services on mobile devices. As of December 31, 2010, it had 20,190,964 subscribers. In addition, the company designs, establishes specifications, sources or specifies parts and components, and manages various aspects of the logistics and production of satellite radios; licenses its technology to various electronics manufacturers to develop, manufacture, and distribute radios under various brands; and imports radios distri buted through its Websites. The company?s satellite radios are primarily distributed through automakers, retailers, and its Websites. Further, it provides music services for commercial establishments; a satellite television service to offer music channels as part of certain programming packages on the DISH Network satellite television service; music and comedy channels to mobile phone users through mobile phone carriers; Backseat TV, a service offering television content designed primarily for children in the backseat of vehicles; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and real-time traffic and weather services. The company was formerly known as Sirius Satellite Radio Inc. and changed its name to Sirius XM Radio Inc. in August 2008. Sirius XM Radio Inc. was founded in 1990 and is h! eadquartered in New York, New York.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Amy Sancetta/AP A consumer tech giant made the biggest acquisition in its history, and a popular discount airline paid the price for not discounting the way it said it was. Here's a rundown of the week's best and worst in the business world. Southwest Airlines (LUV) -- Loser The "bags fly free" airline loves to jab at its competitors for slapping extra fees on everything from luggage to legroom to hide their true total fares, but Southwest's advertised rates sometimes lack integrity too. Southwest messed up late last year when it promoted $59 fares for certain popular routes that it never ultimately offered at that price. The unfortunate episode came to a head this week when Southwest was fined $200,000 for deceptive marketing. It was a rare misstep for Southwest, and now it's paying the price in more ways than one. Apple (AAPL) -- Winner After weeks of speculation, Apple finally announced that it would pay $3 billion for Beats Electronics and Beats Music. Some have questioned the deal. Is Apple paying too much for what will be the largest acquisition -- by far -- in its history? Is the consumer tech giant desperate? Is this the end of organic innovation at Apple? Settle down. This purchase is a brilliant move. Beats Electronics is the leading marketer of premium headphones, and this gives Apple a high-end accessory category that it hasn't excelled at on its own. It also gives Apple a neat way to play the popularity of rival platforms since headphones, naturally, are operating system agnostic. Beats Music also gives Apple a foothold in the booming on-demand streaming category. It may have just 250,000 paying subscribers, but this is a market where Apple had struggled to obtain music label licenses. Apple only had the discovery-based iTunes Radio where listeners can't stream the exact song or playlist they crave. Beats Music solves that dilemma. Western Digital (WDC) -- Loser ! There's ! a surprising service missing from Western Digital's new set-top med
- [By Rick Munarriz]
Sirius XM Radio (NASDAQ: SIRI ) is borrowing money again. The satellite radio monopoly this morning announced its intention to raise $750 million in the form of senior notes that will come due in 10 years.
- [By David Fried]
Satellite radio giant Sirius XM Holdings Inc. (SIRI) is the world's largest pay-radio service (a market leader in car radio service), with a market share of about 70% of new cars in the US and 25.6 million subscribers at the end of 2013.
- [By Rick Aristotle Munarriz]
Mel Evans/AP From a media giant growing its reach through rental cars to a beleaguered theme park operator warning of even slower turnstile clicks, here's a rundown of the week's best and worst from the business world. Microsoft (MSFT) -- Winner Many argued that Microsoft deciding late last month to offer up its flagship Microsoft Office suite of productivity software for iPads was too little, too late. Folks had already moved on to free or nearly free alternatives, and Microsoft was already suffering with a global slump in PC sales. Well, Microsoft still has plenty of bite. It announced there were 12 million downloads of its Word, Excel and PowerPoint iPad apps in its first week of availability. Barnes & Noble (BKS) -- Loser It's not just bookworms checking out of Barnes & Noble. Liberty Media (LMCA) is selling 90 percent of its shares of the struggling bookstore operator, taking its stake of 17 percent down to less than 2 percent. Liberty Media will give up the right to appoint a pair of board members now that it's a shrinking investor, but that seems to be a small price to pay for an investor that wants to deploy that money somewhere else. Running a book superstore isn't easy these days. Barnes & Noble's sales have been sluggish as readers go digital, and the chain's push to cash in on the trend with its own Nook line is fadi! ng fast. ! Sirius XM Radio (SIRI) -- Winner Satellite radio will be easier to tune into in rental cars. Avis Budget Group (CAR) revealed this week that in-dash Sirius XM receivers are now available in more than 60 percent of its Avis and Budget car rental agencies. Avis Budget previously relied on portable plug-and-play receivers that renters could order at the counter. Drivers will still have to pay for access. There's no free lunch even if it's a prepaid rental. However, it's still a good way for Sirius XM to expand brand awareness and ideally hook future subscribers. SeaWorld (SEAS) -- Loser Looks like the killer
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-cheap-stocks-to-buy-right-now-3.html
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