February 13, 2006
Tuesday * The Commerce Department reports retail sales for January and business inventories for December. * Quarterly earnings report expected from Warner Music Group Corp. Wednesday * The Federal Reserve reports industrial production for January. * New Federal Reserve Chairman Ben S. Bernanke to testify before the House Financial Services Committee. * Quarterly earnings reports expected from Applied Materials Inc., Biogen Idec Inc. and Hewlett-Packard Co.
April 28, 2006 |
XM Satellite Radio Holdings Inc. reported a wider first-quarter loss Thursday and disclosed that federal regulators were probing its marketing practices. XM, the larger of the nation's two satellite radio providers, lost $151.4 million, or 60 cents a share, in the period ended March 31 versus a loss of $122.1 million, or 58 cents, a year earlier.
October 5, 2005 |
Sirius Satellite Radio Inc., the No. 2 U.S. pay-radio company, said it added more than 359,000 subscribers in the third quarter, topping the 2 million mark for the first time. Sirius expects to reach 3 million subscribers by year's end, the New York-based company said. Sirius also said that with more than 2.17 million subscribers, its market share rose 20% from the year-earlier quarter.
November 7, 2006 |
XM Satellite Radio Holdings Inc. reported a narrower third-quarter loss and said it was on track to turn a profit in the fourth quarter. XM, which is locked in a fierce competition for listeners with Sirius Satellite Radio Inc., lost $85.5 million, or 32 cents a share, compared with a loss of $134 million, or 60 cents, a year earlier. The loss was well below the 46 cents a share that analysts polled by Thomson Financial had been expecting.
January 8, 2004 |
XM Satellite Radio Holdings Inc. said it ended 2003 with 1.36 million subscribers. The Washington-based satellite radio broadcaster expects to have more than 2.8 million subscribers by the end of this year, Chief Executive Hugh Panero said. The company earlier had forecast 2.5 million customers at the end of 2004. XM's smaller competitor, Sirius Satellite Radio Inc., said it added more than 100,000 subscribers in the December quarter to end 2003 with 261,061.
August 6, 2004 |
XM Satellite Radio Holdings Inc., the world's biggest satellite radio service, said its second-quarter net loss widened as costs increased. The company's shares rose as XM boosted its forecast for new subscribers. The loss widened to $166.1 million from $161.9 million a year earlier. On a per-share basis, the loss narrowed to 84 cents a share from $1.38 because the number of shares outstanding increased, XM said in a regulatory filing.