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Stock Market & Financial Investment News

News Breaks
February 4, 2014
07:06 EDTSIRISirius XM reports Q4 EPS 1c, consensus 2c
Reports Q4 revenue $1B, consensus $981.9M. Reports total subscriber acquisition costs were $124M in Q4, or 12% of adjusted revenue, the lowest percentage in the company's history. The improvement in SAC was driven by lower subsidy rates per vehicle. SAC per gross addition was $44, a a decline of 19% versus the fourth quarter of 2012.
News For SIRI From The Last 14 Days
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August 27, 2015
09:17 EDTSIRISirius XM buyback announcement positive but expected, says FBR Capital
FBR Capital said Sirius XM's announcement last night of a $2B expansion of its buyback authorization is a positive, but is also consistent with the firm's expectations. FBR adds that the timing of the announcement suggests the company have been opportunistic with its repurchases during the recent pullback in the market. The firm keeps an Outperform rating on Sirius shares.
August 26, 2015
16:16 EDTSIRISirius XM adds a further $2B to stock repurchase program
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