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Reports of the U.S. Consumer’s Demise Have Been Exaggerated (DE, DELL, ANF, SPLS, TGT, ETM, MEDQ)

Posted by Geoff Seiler at 4:34PM on August 17th

It was another seesaw day on Wall Street with stocks eventually ending mixed. Target’s (TGT) earnings report once again showed that despite reports of their demise, the U.S. consumer keeps spending. Nonetheless, high-end retailers sold off again, perhaps due to lackluster…

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Analysts Tune Into Pandora, But Competition Rises (P, SIRI, CMLS, ETM, EMMS, SGA)

Posted by Jason Smith at 12:11PM on July 25th

Shares of Pandora Media (P), the newly public Internet radio provider, are up 1% today after a swath of analysts started new coverage of the stock. Wells Fargo initiated coverage of Pandora with an “outperform” rating and a $21-$23 price target…

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Pandora Hit On Multiple Fronts (P, SIRI, CMLS, ETM, CJREF)

Posted by Todd Shriber at 12:54PM on July 14th

Shares of Pandora Media (P), the newly public provider of Internet music services, are plunging 5% today on news that European rival Spotify has locked up a deal with Warner Music, meaning the company now has deals with all four of…

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Pandora Slumps On News Of Heightened Competition (P, SIRI, CJREF, EMMS, ETM, SGA)

Posted by Eric Monte at 12:35PM on July 11th

Shares of Pandora Media (P), the newly public provider of Internet music services, are down 2% today on news that Clear Channel, one of the world’s largest operators of radio stations, will try its hand at online radio again by reconfiguring…

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Sirius Roiled By Stern’s Suit (SIRI, EMMS, ETM, SGA, CMLS)

Posted by Jason Smith at 12:44PM on March 23rd

Shock-jock Howard Stern is suing his employer and investors apparently don’t like the implications. Overall, the Radio Stocks Index is suffering a 0.5% decline today.

Stern’s employer, Sirius XM Radio (SIRI), is down 2% on the news. Wunderlich Securities pared its rating…

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Sirius XM Jumps On BMW Deal (SIRI, EMMS, CMLS, ETM, SGA)

Posted by Jason Smith at 1:02PM on December 22nd

Satellite radio provider Sirius XM Radio (SIRI) is surging by 8% after announcing that buyers of new 2011 BMW Minis will get a one-year subscription to the “Sirius Everything” package. Sirius XM is up 41% in the past three months, good…

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Sirius Surges On Stern Contract (SIRI, CBS, CMLS, ETM, SGA, CJREF, EMMS)

Posted by Todd Shriber at 11:16AM on December 9th

To some, Howard Stern may be viewed as offensive and it’s probably fair to consider him controversial, but it’s not often that one of the most well-known radio personalities in the U.S. is a market mover. Yet, that’s exactly what…

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Sirius Snaps Nine-Day Win Streak After Earnings (SIRI, CMLS, SGA, ETM, CJREF, EMMS)

Posted by Jason Smith at 2:01PM on November 4th

Sirius XM Radio (SIRI) shares slipped by -4% amid a broad market rally on Thursday after the company posted its third-quarter results. The satellite radio firm earned $67.6 million, or a penny per share, for the period, compared to a net…

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RBC: Sirius Valuation Difficult to Justify (SIRI, CMLS, ETM, SGA, EMMS)

Posted by Jason Smith at 10:42AM on October 14th

Trader favorite Sirius XM Radio (SIRI) slipped by -1% on Thursday after RBC Capital Markets said that the stock’s valuation is difficult to justify. The analyst noted that the firm’s third-quarter net subscriber adds were better than expected, and it is…

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Bullish Buy-Side Comments Help Sirius Extend Rally (SIRI, CMLS, ETM, EMMS)

Posted by Jason Smith at 3:30PM on October 7th

Sirius XM Radio (SIRI) quietly added fractionally to a 26% one month rally on Thursday after some bullish remarks from the buy side. According to Market Folly, Charter Bridge Capital founder Brian Zied — a former Maverick Capital managing director —…

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