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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Young who wrote (3263)2/21/2007 2:18:28 PM
From: HEXonX  Read Replies (1) | Respond to of 3386
 
bellwetherreport.com: Exploring the Future Trends of XM Satellite Radio Holdings Inc.
26 minutes ago - M2
XM Satellite Radio Holdings is an out-of-this-world radio broadcaster. The company provides direct satellite radio broadcasts to more than 7.5 million subscribers in the US offering more than 160 channels of commercial-free music, as well as news, talk shows, and sports. Its offerings cover the entire spectrum of musical genres, including concerts and programs hosted by such popular artists as Bob Dylan and Snoop Dogg. XM Satellite also broadcasts live games from Major League Baseball, the National Hockey League, and college sports. In addition, it provides local traffic and weather in more than 20 metropolitan markets. Subscription fees make up about 90% of the company's revenue.

Shares were down 3% as analysts say proposed merger is unlikely to happen.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on XM Satellite Radio Holdings Inc. are invited to sign up for a free complimentary subscription to www.bellwetherreport.com. No credit card needed!

Shares of XM Satellite Radio Inc. and Sirius Satellite Radio Inc. headed lower Wednesday amid worries that their proposed merger may not get approval from regulators.

XM shares slid 5.3% to $14.60 after gaining 10% on Tuesday, while Sirius shed 3.3% to $3.79 following a 6% advance in the previous session.

Under the proposed deal, investors in XM would get 4.6 shares of Sirius common stock for each XM share they own. The $13 billion transaction includes debt of about $1.6 billion.

But analysts say the deal is unlikely to gain approval by the Federal Communications Commission and the U.S. Department of Justice, who may object to the reduction of the satellite radio market from two players to one.

More information on XM Satellite Radio Holdings Inc. available in the members section of www.BellwetherReport.com.

To review research on XM Satellite Radio Holdings Inc. as well as many more exciting articles we encourage you to visit www.bellwetherreport.com. You can find these reports under the "Today's Articles" section. No credit Card Needed!!

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