Best 2014 Stocks to buy & own for Long Term Play #2014stocks $NIHD $JCP $CREE $DNKN $SIRI $GLUU

Glu Mobile Inc. (GLUU) Target Price $6 a share
is a top mobile gaming stock to buy at Cowen and Company for 2014. The company releases its video games internationally via multiple platforms, including iOS, Android, Amazon, Windows Phone and Google Chrome. Embodying the "freemium" model, games created by Glu are typically free to play. Glu generates revenue through in-game micro-transactions consisting of $1.99 or less. The Cowen price target for the stock is $6 and is the highest on Wall Street. The consensus target is posted at $4. Glu Mobile closed Thursday at $3.76. So a move to the Cowen target would represent a 40% gain for investors.

Sirius XM Radio Inc. (SIRI) Target Price $7 a share
continues to draw new subscribers with its programming, and it is also a top stock to buy at Merrill Lynch for 2014. Despite challenges from other companies offering audio programming, Sirius XM has continued to be a strong player despite the fact that the stock has the highest short interest on Wall Street. Merrill Lynch has a $5 target, and the consensus target stands at $7. The stocks closed Thursday at $3.59

Dunkin' Brands (NASDAQ: DNKN ) Target Price $55 a share
is one of Starbucks' largest competitors, and it too has had an impressive run in 2013. In Dunkin's most recent quarter, earnings grew 10.8% and revenue rose 8.5% year-over-year, as it was able to expand its operating margin an incredible 310 basis points to 44.1%.
Dunkin's stock has outperformed the market right alongside Starbucks' stock in 2013, rising about 42.71% as of the close on Dec. 27. Dunkin' expects full-year earnings to increase 17.2%-19.5% and revenue to grow 6%-8% year-over-year and I believe it could have an even better 2014. The outperformance of both Starbucks and Dunkin' shows the strength of the industry and both companies have expansion plans in place to take full advantage of this. Dunkin' is my second favorite play in the industry, so investors should take a close look at this one if they are not sold on Starbucks.

Cree Inc. (CREE) Target Price $80 a share
is a leader in the manufacture of light-emitting diodes, or LEDs. These energy-sipping bulbs, which require up to 85% less power than traditional bulbs and can last up to 25 times longer than traditional bulbs, are gaining popularity. Only about 3% of the U.S. population currently uses them, but government price subsidies are making them more popular and affordable.Cree, Inc. (Cree) develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. It focuses its expertise in SiC and GaN on light emitting diode (LED) products. It develops lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company's lighting products consist of both LED and traditional lighting systems. The Company designs, manufactures and sells lighting systems for indoor and outdoor applications, with a primary focus on LED lighting systems for the commercial and industrial markets. In addition, the Company develops, manufactures and sells power and RF devices. The Company operates in three segments: LED Products, Lighting Products and Power and RF Products. In August 2011, the Company acquired Ruud Lighting, Inc. Cree is also stepping into the solar-power industry. That should help light up sales and profits for years to come and justifies the stock’s rich price, which amounts to 34 times estimated earnings.


J.C. Penney Company, Inc. (NYSE:JCP) Target Price $19 a share
J. C. Penney Company, Inc. is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company’s business consists of selling merchandise and services to consumers through its department stores and through its Internet Website at jcp.com. As of February 2, 2013, the Company operated 1,104 department stores throughout the continental United States, Alaska and Puerto Rico, of which 429 were owned, including 123 stores located on ground leases. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside jcpenney and home furnishings. In addition, the Company’s department stores provide its customers with services such as styling salon, optical, portrait photography and custom decorating.JC Penney are all fine examples of companies ...choice to be the biggest stock percentage mover in 2014. Volatility continues to be name of the game here with sales growth still an issue, tight liquidity, a possible CEO change, and valuation challenges. Sterne Agee has Penney as a Buy-rated stock with an upside potential of 13% and a price target of $19.00. The stock’s P/E ratio for 2014 is negative and the earnings per share (EPS) estimate is expected to be down by 62% after rising 70% in 2013. As the analysts say, “Buckle Up!” So how do you know which stocks are “buy and hold .

NII Holdings Inc (NASDAQ:NIHD) Target Price $5 a share
NII Holdings, Inc. (NII Holdings) is a holding company for the operations of Nextel Communications, Inc. in selected International markets. The Company provides wireless communication services under the Nextel brand. It provides its services through operating companies located in Brazil, Mexico, Argentina, Peru and Chile, with its principal operations located in business centers and related transportation corridors of these countries. The Company’s networks utilize integrated digital enhanced network, or iDEN, technology developed by Motorola, Inc. to provide its mobile services on its 800 mega hertz spectrum holdings in all of its markets.It agreed to sell approximately 2,790 cell towers in Brazil and another 1,666 towers in Mexico in an $811 million transaction. It will lease them back. It still needs them. But the amount of money raised will provide some welcome liquidity for NII Holdings.NII Holdings also sold its Peruvian operations in a deal for more than $410 million.
The stock took a hit last year after posting declines in wireless customers, but it's gaining ground again. It closed out its latest quarter with 9.9 million subscribers, 100,000 more than it had a year earlier.
Things aren't perfect. The average revenue per user has fallen as NII Holdings kicks in with retention efforts to keep customers around. The mobile provider is also losing a lot of money, and that's not good for a highly leveraged company. The $1.2 billion raised in the two deals equals NII Holdings' market cap, but its enterprise value is north of $5 billion given the substantial debt levels.
However, the welcome liquidity and the long-term prospects for wireless services through Latin America make NII Holdings a risky play with some serious potential upside
In August 2013, NII Holdings Inc announced it has completed sale of its Peruvian operations to Empresa Nacional De Telecomunicaciones SA. In November2013, NII Holdings, Inc sold 1,483 communications sites in Mexico to American Tower Corporation.

US Markets Volume Leaders

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FB Facebook, Inc. 49.75 Nov 1 Down 0.46 (0.91%) 95,032,876 Chart, Profile, More
BAC Bank of America Corporation Com 14.02 Nov 1 Up 0.05(0.36%) 75,610,402 Chart, Profile, More
ABX Barrick Gold Corporation Common 18.01 Nov 1 Down 1.38 (7.12%) 74,460,845 Chart, Profile, More
SIRI Sirius XM Radio Inc. 3.79 Nov 1 Up 0.0250(0.66%) 62,049,407 Chart, Profile, More
JCP J.C. Penney Company, Inc. Holdi 8.14 Nov 1 Up 0.64(8.53%) 56,964,136 Chart, Profile, More
GE General Electric Company Common 26.54 Nov 1 Up 0.40(1.53%) 55,644,125 Chart, Profile, More
F Ford Motor Company Common Stock 16.89 Nov 1 Down 0.22 (1.29%) 52,492,989 Chart, Profile, More
AIG American International Group, I 48.28 Nov 1 Down 3.37 (6.52%) 51,746,122 Chart, Profile, More
T AT&T Inc. 36.24 Nov 1 Up 0.04(0.11%) 41,490,103 Chart, Profile, More
MU Micron Technology, Inc. 17.58 Nov 1 Down 0.10 (0.59%) 41,372,306 Chart, Profile, More
MSFT Microsoft Corporation 35.53 Nov 1 Up 0.12(0.34%) 40,271,887 Chart, Profile, More
HPQ Hewlett-Packard Company Common 25.92 Nov 1 Up 1.55(6.36%) 34,178,359 Chart, Profile, More
CSCO Cisco Systems, Inc. 22.57 Nov 1 Up 0.01(0.02%) 33,332,149 Chart, Profile, More
BBRY BlackBerry Limited 7.77 Nov 1 Down 0.16 (1.96%) 32,766,523 Chart, Profile, More
GM General Motors Company Common S 37.39 Nov 1 Up 0.44(1.19%) 30,765,422 Chart, Profile, More
ALU Alcatel-Lucent Common Stock 3.89 Nov 1 Up 0.06(1.57%) 30,267,897 Chart, Profile, More
FSLR First Solar, Inc. 59.14 Nov 1 Up 8.83(17.56%) 28,397,635 Chart, Profile, More
INTC Intel Corporation 24.33 Nov 1 Down 0.14 (0.59%) 28,305,937 Chart, Profile, More
PFE Pfizer, Inc. Common Stock 31.17 Nov 1 Up 0.49(1.58%) 28,012,235 Chart, Profile, More
RAD Rite Aid Corporation Common Sto 5.27 Nov 1 Down 0.06 (1.13%) 26,475,382 Chart, Profile, More
JPM JP Morgan Chase & Co. Common St 52.51 Nov 1 Up 0.97(1.88%) 25,796,825 Chart, Profile, More
EMC EMC Corporation Common Stock 23.65 Nov 1 Down 0.42 (1.75%) 24,660,108 Chart, Profile, More
GRPN Groupon, Inc. 9.93 Nov 1 Up 0.80(8.70%) 24,210,858 Chart, Profile, More
PBR Petroleo Brasileiro S.A.- Petro 16.97 Nov 1 Down 0.46 (2.64%) 23,613,746 Chart, Profile, More
NQ NQ Mobile Inc. American Deposit 12.78 Nov 1 Down 1.62 (11.25%) 22,782,457 Chart, Profile, More
NOK Nokia Corporation Sponsored Ame 7.62 Nov 1 Down 0.01 (0.13%) 22,587,006 Chart, Profile, More
ANR Alpha Natural Resources, inc. c 7.43 Nov 1 Up 0.43(6.14%) 22,406,694 Chart, Profile, More
AA Alcoa Inc. Common Stock 9.27 Nov 1 0.00(0.00%) 22,047,458 Chart, Profile, More
ARIA ARIAD Pharmaceuticals, Inc. 2.58 Nov 1 Up 0.38(17.27%) 21,938,583 Chart, Profile, More
MRK Merck & Company, Inc. Common St 45.23 Nov 1 Up 0.14(0.31%) 20,893,721 Chart, Profile, More
DRYS DryShips Inc. 3.07 Nov 1 Up 0.31(11.23%) 20,624,735 Chart, Profile, More
VALE VALE S.A. American Depositary 16.38 Nov 1 Up 0.36(2.28%) 20,529,579 Chart, Profile, More
XOM Exxon Mobil Corporation Common 89.82 Nov 1 Up 0.20(0.22%) 19,024,810 Chart, Profile, More
C Citigroup, Inc. Common Stock 48.74 Nov 1 Down 0.04 (0.08%) 19,004,072 Chart, Profile, More
DOLE Dole Food Company, Inc Common S 13.65 Nov 1 Up 0.10(0.74%) 18,228,405 Chart, Profile, More
ITUB Itau Unibanco Banco Holding SA 15.11 Nov 1 Down 0.29 (1.90%) 17,258,829 Chart, Profile, More
CLF Cliffs Natural Resources Inc Co 27.34 Nov 1 Up 1.66(6.46%) 17,246,577 Chart, Profile, More
KOG Kodiak Oil & Gas Corp Common St 12.38 Nov 1 Down 0.59 (4.55%) 16,585,195 Chart, Profile, More
ODP Office Depot, Inc. Common Stock 5.77 Nov 1 Up 0.18(3.22%) 16,529,333 Chart, Profile, More
WFC Wells Fargo & Company Common St 42.67 Nov 1 Down 0.02 (0.05%) 15,539,833 Chart, Profile, More
YHOO Yahoo! Inc. 33.18 Nov 1 Up 0.24(0.73%) 15,205,446 Chart, Profile, More
ORCL Oracle Corporation Common Stock 33.53 Nov 1 Up 0.03(0.09%) 15,115,766 Chart, Profile, More
AVP Avon Products, Inc. Common Stoc 18.27 Nov 1 Up 0.77(4.40%) 15,070,075 Chart, Profile, More
NEM Newmont Mining Corporation 25.98 Nov 1 Down 1.28 (4.70%) 15,063,231 Chart, Profile, More
XRX Xerox Corporation Common Stock 10.02 Nov 1 Up 0.08(0.80%) 15,029,679 Chart, Profile, More
MS Morgan Stanley Common Stock 29.20 Nov 1 Up 0.47(1.64%) 14,966,756 Chart, Profile, More
RF Regions Financial Corporation C 9.55 Nov 1 Down 0.08 (0.83%) 14,831,960 Chart, Profile, More
VOD Vodafone Group Plc 36.91 Nov 1 Up 0.06(0.15%) 14,724,661 Chart, Profile, More
TCS THE CONTAINER STORE GROUP, INC 36.20 Nov 1 Up 18.20(101.11%) 14,669,627 Chart, More
ONNN ON Semiconductor Corporation 7.52 Nov 1 Up 0.47(6.59%) 14,669,407 Chart, Profile, More
AMD Advanced Micro Devices, Inc. Co 3.31 Nov 1 Down 0.03 (0.90%) 14,422,036 Chart, Profile, More
KGC Kinross Gold Corporation Common 4.82 Nov 1 Down 0.25 (4.93%) 14,307,485 Chart, Profile, More
S Sprint Corporation Common Stock 6.87 Nov 1 Up 0.14(2.08%) 13,936,720 Chart, Profile, More
MGM MGM Resorts International Commo 19.30 Nov 1 Up 0.26(1.37%) 13,836,770 Chart, Profile, More
CX Cemex, S.A.B. de C.V. Sponsored 10.51 Nov 1 Down 0.07 (0.66%) 13,776,881 Chart, Profile, More
DAL Delta Air Lines, Inc. Common St 26.70 Nov 1 Up 0.32(1.21%) 13,682,269 Chart, Profile, More
WLT Walter Energy, Inc. Common Stoc 17.24 Nov 1 Up 1.35(8.50%) 13,375,117 Chart, Profile, More
BSX Boston Scientific Corporation C 11.75 Nov 1 Up 0.06(0.51%) 13,187,863 Chart, Profile, More
ZNGA Zynga Inc. 3.58 Nov 1 Down 0.0010 (0.03%) 12,625,080 Chart, Profile, More
X United States Steel Corporation 25.78 Nov 1 Up 0.89(3.58%) 12,447,428 Chart, Profile, More
CMCSA Comcast Corporation 48.65 Nov 1 Up 1.05(2.20%) 12,432,962 Chart, Profile, More
KO Coca-Cola Company (The) Common 39.61 Nov 1 Up 0.04(0.10%) 12,430,394 Chart, Profile, More
EBAY eBay Inc. 51.94 Nov 1 Down 0.77 (1.46%) 12,346,728 Chart, Profile, More
QUNR 28.40 Nov 1 Up 13.40(89.33%) 12,083,145 Chart, More
WU Western Union Company (The) Com 17.48 Nov 1 Up 0.46(2.70%) 11,960,312 Chart, Profile, More
VZ Verizon Communications Inc. Com 50.49 Nov 1 Down 0.02 (0.04%) 11,450,089 Chart, Profile, More
SD Sandridge Energy Inc. Common St 6.38 Nov 1 Up 0.04(0.63%) 11,124,392 Chart, Profile, More
PHM PulteGroup, Inc. Common Stock 17.55 Nov 1 Down 0.10 (0.57%) 11,103,529 Chart, Profile, More
ELN Elan Corporation, plc ADR 17.00 Nov 1 Up 0.34(2.04%) 10,876,591 Chart, Profile, More
QCOM QUALCOMM Incorporated 69.90 Nov 1 Up 0.41(0.59%) 10,847,215 Chart, Profile, More
ACI Arch Coal, Inc. Common Stock 4.29 Nov 1 Up 0.05(1.18%) 10,807,824 Chart, Profile, More
HTZ Hertz Global Holdings, Inc Comm 22.75 Nov 1 Down 0.21 (0.91%) 10,801,179 Chart, Profile, More
GG Goldcorp Inc. Common Stock 24.32 Nov 1 Down 1.11 (4.36%) 10,731,787 Chart, Profile, More
EA Electronic Arts Inc. 25.63 Nov 1 Down 0.62 (2.36%) 10,725,011 Chart, Profile, More
HBAN Huntington Bancshares Incorpora 8.85 Nov 1 Up 0.05(0.51%) 10,457,396 Chart, Profile, More
LINE Linn Energy, LLC 30.82 Nov 1 Up 3.12(11.26%) 10,401,481 Chart, Profile, More
ARNA Arena Pharmaceuticals, Inc. 4.39 Nov 1 Up 0.01(0.23%) 10,331,180 Chart, Profile, More
FCX Freeport-McMoRan Copper & Gold, 36.78 Nov 1 Up 0.02(0.05%) 10,320,867 Chart, Profile, More
AUY Yamana Gold Inc. Ordinary Share 9.33 Nov 1 Down 0.60 (6.04%) 10,237,389 Chart, Profile, More
GLW Corning Incorporated Common Sto 17.13 Nov 1 Up 0.04(0.23%) 10,208,852 Chart, Profile, More
MHR Magnum Hunter Resources Corpora 7.12 Nov 1 Down 0.01 (0.14%) 10,207,610 Chart, Profile, More
WEN Wendy's Company (The) 8.73 Nov 1 Up 0.04(0.46%) 10,087,422 Chart, Profile, More
TEVA Teva Pharmaceutical Industries 37.12 Nov 1 Up 0.03(0.08%) 10,081,211 Chart, Profile, More
LOW Lowe's Companies, Inc. Common S 49.18 Nov 1 Down 0.60 (1.21%) 9,961,634 Chart, Profile, More
PBR-A Petroleo Brasileiro S.A.- Petro 17.70 Nov 1 Down 0.46 (2.53%) 9,926,955 Chart, Profile, More
XCO EXCO Resources, Inc. Exco Resou 5.56 Nov 1 Up 0.15(2.77%) 9,838,491 Chart, Profile, More
SID Companhia Siderurgica Nacional 5.73 Nov 1 Up 0.19(3.43%) 9,831,454 Chart, Profile, More
AAPL Apple Inc. 520.03 Nov 1 Down 2.67 (0.51%) 9,817,472 Chart, Profile, More
WFT Weatherford International, Ltd 16.37 Nov 1 Down 0.07 (0.43%) 9,755,600 Chart, Profile, More
AMAT Applied Materials, Inc. 17.70 Nov 1 Down 0.15 (0.87%) 9,638,109 Chart, Profile, More
SPLS Staples, Inc. 16.18 Nov 1 Up 0.05(0.32%) 9,470,960 Chart, Profile, More
RIG Transocean Ltd (Switzerland) Co 47.56 Nov 1 Up 0.49(1.04%) 9,460,659 Chart, Profile, More
GILD Gilead Sciences, Inc. 70.97 Nov 1 Down 0.21 (0.29%) 9,399,040 Chart, Profile, More
CVX Chevron Corporation Common Stoc 118.01 Nov 1 Down 1.95 (1.63%) 9,344,455 Chart, Profile, More
SYMC Symantec Corporation 22.77 Nov 1 Up 0.02(0.07%) 9,331,128 Chart, Profile, More
NIHD NII Holdings, Inc. 3.3950 Nov 1 Down 0.0350 (1.02%) 9,305,945 Chart, Profile, More
IDIX Idenix Pharmaceuticals, Inc. 4.6150 Nov 1 Up 1.3250(40.27%) 9,190,606 Chart, Profile, More
SCHW Charles Schwab Corporation (The 23.12 Nov 1 Up 0.47(2.08%) 9,055,989 Chart, Profile, More
DHI D.R. Horton, Inc. Common Stock 18.51 Nov 1 Down 0.44 (2.32%) 8,983,789 Chart, Profile, More
BK Bank of New York Mellon Corpora 32.36 Nov 1 Up 0.56(1.76%) 8,965,083 Chart, Profile, More


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Sunday, November 3, 2013
T
VODAT&T's Love Affair With Vodafone at Seeking Alpha Sun 2:52PM EST
AAPLHow Many iPads Will Apple Sell This Weekend? at Motley Fool Sun 2:48PM EST
EAElectronic Arts Has the Lineup to Deliver Revenue: Analyst at Wall St. Cheat Sheet Sun 2:37PM EST
MSFTNintendo's Curse Haunts Microsoft's Xbox and Sony's PlayStation at Motley Fool Sun 2:17PM EST
YHOOYahoo's Mayer on the Talent Hunt for Tech Journalists (Even From AllThingsD!) at AllThingsD Sun 2:11PM EST
INTCDoes Intel’s New Stance on ARM Chips Change Everything? at Wall St. Cheat Sheet Sun 2:07PM EST
AAPLSamsung Now Outranks Apple in Tablet Customer Satisfaction at Motley Fool Sun 2:01PM EST
INTCIs Intel's New Baseband Modem a Serious Threat to Qualcomm? at Motley Fool Sun 2:00PM EST
NQMuddy Waters Viewed Right on NQ Mobile Payments, Wrong on Cash at Bloomberg Sun 1:51PM EST
AAPLiFixit Unveils the iPad Air's Guts at Motley Fool Sun 1:47PM EST
CVXCan Chevron See A Turnaround? at Wall St. Cheat Sheet Sun 1:46PM EST
BAC
CPuerto Rican debt threat to global banks at Financial Times Sun 1:43PM EST
AAPLHere’s Why Apple May Get a Holiday Shopping Bonus This Year at Wall St. Cheat Sheet Sun 1:43PM EST
CMCSAThe Top 5 Film Controversies of 2013 at Wall St. Cheat Sheet Sun 1:30PM EST
SDWill SandRidge Stand Up to Chesapeake and Devon Energy? at Motley Fool Sun 1:18PM EST
CVXThe Dow's 5 Most Loved Stocks at Motley Fool Sun 1:06PM EST
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WFCWhat These 3 Stocks Taught Us This Week at Motley Fool Sun 1:02PM EST
JCPJ.C. Penney's 3 Biggest Mistakes at Motley Fool Sun 1:01PM EST
FBWhat Do Social-Media Earnings Tell You About Future Stock Performance? at Motley Fool Sun 1:00PM EST
KOCoke a good play for low-volatility, income seeking, investors, Barron's says theflyonthewall.com Sun 12:53PM EST
FIs a wacky '70 Plymouth Superbird worth $500,000? at USA TODAY Sun 12:39PM EST
AAPLApple's head of iOS engineering Henri Lamiraux has left the company at The Verge Sun 12:38PM EST
DRYSWhy DryShips Is A Lucrative Investment at Seeking Alpha Sun 12:37PM EST
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Buy ( SIRI ) Sirius/XM now ?

Sirius at a Glance




The firm’s primary source of revenue is the subscription fees it charges customers for annual, semi-annual, quarterly or monthly subscriptions. In addition the company derives revenue from activation and other fees, the sale of advertising on select non-music channels, the direct sale of satellite radios and accessories as well as other ancillary services such as weather, traffic, data and “Backseat TV” channels.



We recently launched our coverage of Sirius with stock price estimate of $1.97.



For our analysis, we segmented Sirius XM’s business into three divisions:



1) Satellite Radio Subscription



2) Advertising



3) Equipment and Other Revenues



Sirius’ Radio Niche



The satellite radio industry is slowly growing in the U.S. amid competition from the digital audio industry (iPod, Pandora etc). Sirius’s satellite radio not only offers a commercial free music experience to listeners, but it also provides updates on local weather and traffic.



Sirius relies heavily on the automobile market to promote its services. Therefore the past two years have been difficult for Sirius as auto sales declined. However as the automobile industry recovers from the recession, Sirius is expected to do well. Sirius currently has a 60% penetration rate in the new automobile market and of those who purchase automobiles about 46% continue to use Sirius radio services after the trial period expires. In the future we expect Sirius to further expand its reach and also target the used-car market.



2011 Developments



2011 is an important year for Sirius as its three-year freeze on subscription pricing imposed by Federal Communications Commission will expire. Thus Sirius could potentially change its subscription fees. Also the Copyright Royalty Board is expected to provide new guidelines for the royalties that Sirius has to pay to content providers. Currently, Sirius will have to pay 7.5% and 8.0% royalties in 2011 and 2012. If the Copyright Royalty Board changes the rates, Sirius might have to change its subscription pricing as well.
by Trefis Team

Sirius SDSP5V1 Sportster 5 Dock and Play Radio with PowerConnect


Heading toward $2
XM XPMP3H1 Portable Satellite Radio and MP3 Player (XMp3i)
Sirius XM Radio is the largest satellite radio company in United States. Sirius and XM merged in July 2008 to form Sirius XM Radio Inc. The company offers over 180 channels comprising of commercial free music, sports, talk shows, news stations and others.



The firm’s satellite radios are primarily distributed through automakers, retail locations and through its website. Sirius XM has ties with major automobile manufacturers such as Ford, GM and Toyota. This helps drive its presence in the U.S. automobile space. In addition satellite radio services are also offered to customers of certain rental car companies. Sirius XM radio channels are mainly available in automobiles but can also be accessed over the Internet or through home stereos by using various accessories.

Sirius / XM Radio , Breaks 1.00 a share ( SIRI )

DOW JONES NEWSWIRES

Sirius XM Radio (SIRI) expanded its subscriber base 0.9% during the first quarter, a step toward the company's expectations of adding more than 500,000 customers this year and an improvement from last year's decline.
The satellite-radio operator said it ended the first quarter with 18.9 million subscribers, closing in on the 19-million level it had at the end of 2008. Sirius lost 404,422 subscribers in the first quarter of 2009 in the depths of the economic downturn, but added 171,441 this past quarter.
Shares were up 4.1% at $1 in recent premarket trading. The stock is up 60% this year and has nearly tripled in the past 12 months. The company teetered on the edge of bankruptcy last year before Liberty Media Corp. (LMCB) came through with a cash infusion last year. Since then, Sirius has cut costs and shown an improvement in revenue and its bottom line.
Chief Executive Mel Karmazin on Wednesday said as a result of the quarter's subscriber gains, Sirius expects to report solid revenue growth and a "strong" increase in pro-forma operating income for the period. The company plans to release first-quarter results next month.
In the latest quarter, Sirius said gross additions rose 29% from a year earlier while deactivations declined 11%. Churn, or subscriber turnover, improved to 2% from 2.2% for self-pay customers. Sirius also received more benefit from trial offers, with 45.2% of such subscriptions converting to self-pay ones, compared with 44.6% in the prior year.

-By T. Stynes

Are you Sirius ? 17 months later, Sirius XM shares rally tops $1 ! ( SIRI )

Sirius XM Radio Inc (SIRI.O) shares topped $1 a share on Wednesday, vaulting the critical threshold for the first time in 17 months, amid improved sentiment about the pay-radio company's future.
The stock, up 8.5 percent to $1.04 in morning trading, has improved ten-fold since January 2009, when concerns about looming debt payments pushed it to the brink of bankruptcy.



It last was above $1 in September 2008.



Staying above $1 removes the threat that the company, whose market cap is about $3.7 billion, might face delisting by Nasdaq. Sirius XM Chief Executive Mel Karmazin told Reuters in November that he was confident there would be no delisting.



Crossing $1 might also make the stock more palatable to mutual funds that would shy away from a company whose shares trade under $1.



Sirius has bolstered its books following an investment last year from John Malone's Liberty Media (LINTA.O) that gave Malone a 40 percent equity stake in the company. Last month, Sirius said it will report more than $100 million in free cash flow for 2009, after reporting negative free cash flow of $552 million in 2008.


Analysts have attributed the stock's comeback to improved outlook for sales on the auto sector, where Sirius gets most of its new subscribers, and improved percentage of customers who convert to paying customers once trials expire.According to Jim, the balance sheet of Sirius XM Radio (NASDAQ: SIRI) is improving

Top Stock Stocking Stuffers for your holiday stock picks & penny stocks? ( petsmart - PETM ) ( SIRI )

1. Petsmart 26.33 a share , target price is 30.00
PetSmart, Inc. (PetSmart) is a specialty provider of products, services and solutions for the lifetime needs of pets. The Company offers a line of products for all the life stages of pets, and offers various pet services, including professional grooming, training, boarding and day camp. It also offers pet products through an e-commerce site, PetSmart.com, as well operates a pet community site, pets.com. As of February 1, 2009, the Company operated 1,112 retail stores and had full-service veterinary hospitals in 734 of its stores. The Company has an investment in MMI Holdings, Inc. (MMIH), a provider of veterinary and other pet-related services. MMIH, through a wholly owned subsidiary, Medical Management International, Inc., operates full-service veterinary hospitals inside 722 of PetSmart’s stores, under the trade name of Banfield, The Pet Hospital. The remaining 12 hospitals are operated by other third parties in Canada. Excellent cash flow. Good payout ratio. 10% sales growth. Low to nominal debt ratio. Overall good income and balance sheets. With this one. People love their pets. Company has a moderated growth rate and solid management. May have to wait for it to drop a bit in price but it is a great long term stock. People love there pets and alway will and Petsmart is a soild compnay for them to turn to.People will continue to pamper their pets. They are part of the family! We are becoming a pet loving, adoring world. Finally. I have faith that this sentiment will not go away. Petsmart is doing the best job of fulfilling our needs for our pets and showing a genuine care for animals too.pets are always around and are mans best friend and man will always buy food and goodies for pets. this is a stong, competitive company that is a leader in the marketplace. it will outperform the s&p 500 for yrs to come.In a down market or an up market . . . People love their pets.

2. Sirius XM .62 a share target price .75

Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting in the United States, its music, sports, news, talk, entertainment, traffic and weather channels for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system. On July 28, 2008, its wholly owned subsidiary, Vernon Merger Corporation, merged (the Merger) with and into XM Satellite Radio Holdings Inc. and, as a result, XM Satellite Radio Holdings Inc. became its wholly owned subsidiary. The SIRIUS system consists of three in-orbit satellites, approximately 120 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. The XM system consists of four in-orbit satellites, over 700 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios.Finally merged. 1-2 years of shaking out the details and aligning the management teams before this thing takes off. combining debts and leveraging assets with XM was the final selling point. satellite radio is not going away .Sirius XM Radio will now see higher gains over the longer term. It's in the public's hand's carry satellite radio into the horizon from here. I highly suggest investing fun money as a long term play. Stay long and enjoy the benefits, but beware a possible near term reverse split.A bit oversold. Not a good long term buy,Sirius and XM merging changes the game in the Satellite arena. Just as many people said there wouldn't be anyone who would willingly pay for TV, many are saying people won't pay for Radio. Karmazin is a fantastic CEO, and I believe many years from now Sirius/XM will be in fantastic shape. With the new launch of advertiezing the new radio and howard stern , this will pop in 2010 and w/ the holiday season here go buy a satellite radio and watch this company grow into a money making machine . !!!

Bid For Sirius ? Bankruptcy On Tuesday Or Wednesday ?

Bids for Sirius XM may be fueled by longtime rivalry
DirecTV's John Malone and Dish Network's Charles Ergen are said to be in talks to strike some type of deal with the debt-laden firm. But just how badly they want the satellite radio company is unclear

By M. Zimmerman

The nation's only -- and ailing -- satellite radio company is drawing interest from two moguls of space-based entertainment.

Sirius XM Radio Inc. said Friday that it might be forced to file for bankruptcy as early as Tuesday if it fails to restructure its debt. As the deadline nears, speculation is growing of a possible bidding war over the company, which was formed last summer by the merger of Sirius Satellite Radio and XM Satellite Radio.In one corner is John Malone, 67, whose media empire includes a controlling stake in El Segundo-based satellite TV provider DirecTV Group Inc.

Opposite Malone is 55-year-old Charles Ergen, chief executive of rival Dish Network Corp. and its sister company, EchoStar Corp., both of which are based in suburban Denver.

The longtime rivals are said to be in talks to strike some type of deal with Sirius XM -- and the contest could be spirited. One analyst described Malone and Ergen as "cage match contestants," given their reputations for playing rough. But just how badly they want the satellite radio company is unclear.


Some analysts contend that gaining control of Sirius XM and its 18.9 million subscribers could provide some benefits to either DirecTV or Dish Network, but not necessarily enough to justify going forward with a deal.

More likely, they say, Ergen and Malone either see a chance to pick up valuable assets on the cheap or simply can't pass up an opportunity to make life difficult for an adversary.

"There are very few synergies between satellite TV and satellite radio," said Todd Mitchell, an analyst with Kaufman Bros. in New York. "Whenever one of these guys looks at an asset, the other guys will look at it just to drive up the price. It's just corporate hardball."

Representatives for DirecTV, Dish Network and Sirius XM declined to comment.

So far, Ergen seems the more serious contender. Last year, he made a takeover bid for Sirius XM, but was rejected. Since then, EchoStar has been buying up the radio company's debt, and reportedly owns most, if not all, of the $175 million of Sirius XM bonds that's coming due on Tuesday.

Ergen's reported interest in Sirius XM comes as Dish Network is losing subscribers and facing increased competition from cable TV and telephone companies. Some of the radio provider's satellites are in choice orbits and potentially could be "re-purposed" to expand Dish Network's high-definition offerings, or even to provide a competitive wireless broadband service to rural areas, Mitchell wrote in a recent report.

Sirius XM also has a network of ground facilities that could prove valuable to EchoStar, analysts say.

Malone, who controls DirecTV though his Colorado-based Liberty Media Corp., may be interested in Sirius XM more as another investment for his portfolio -- which includes stakes in Time Warner Inc. and Sprint Nextel Corp. -- than as an adjunct to DirecTV, said Benjamin Stretch, an analyst with Macquarie Capital USA in New York.

Being able to offer packaged TV and radio services to consumers already accustomed to receiving entertainment via satellite could help DirecTV woo additional subscribers, some analysts note. And combining call centers and other services could help both companies trim costs.

But "any synergies between satellite radio and satellite TV are just cream," Stretch said. "They can't be used to justify" a deal with Sirius XM.

At present, DirecTV appears to be doing well enough on its own.

This week, the former subsidiary of Hughes Electronics Corp. said it added 301,000 new subscribers in the fourth quarter despite the weak economy, beating analysts' forecasts. The company said its average revenue per customer -- a key industry yardstick -- increased to $90.46 from $87.40 a year earlier.

The company, which has 17.6 million subscribers, also predicted continued growth in the current quarter, with new subscriber growth at or above the levels of a year ago.

Sirius XM, meanwhile, is in increasingly dire straits. Besides dealing with a crushing debt load that threatens to push it into bankruptcy court, the New York-based company is trying to get out of some of its expensive programming deals.

Chief Executive Mel Karmazin -- who at age 65 is another veteran of the media wars -- is reportedly trying to renegotiate deals with Major League Baseball, the National Football League and Oprah Winfrey's production company, among others. Sirius XM also has a five-year, $500-million pact with shock jock Howard Stern that expires in 2010.

If it does come down to a choice between Malone and Ergen, the Liberty Media chief may have a personal edge. Karmazin and Ergen have clashed in the past.

"There's real bad blood between those two," Mitchell said.

Dish Network's stock rose 38 cents to close at $13.58 Friday and is up 22.5% this year. DirecTV shares, up 1.4% year-to-date, fell 24 cents to $23.24, while EchoStar shares slipped 4 cents to $15.17 and are now up 2% for the year.

Sirius XM's stock, which has fallen almost 97% over the last 12 months, gained 3 cents to 10 cents a share.
Siri shares might jump to .20 a share by wednesday , it is a risky loterry ticket however it can make u some risky Mad Money !

Top Penny Stocks For 2009

1. Dayton Superior Corporation ( DSUP ) .57 A Share As Of 12/25/2008
Dayton Superior Corporation (Dayton Superior) offers specialized products consumed in non-residential, concrete construction markets. The Company’s products are used to help form, strengthen, move, stabilize, cure or color concrete. Dayton Superior’s products are generally imbedded in, or applied to, concrete and consumed during the construction process. Dayton Superior offers more than 18,000 catalogued products. Most of the Company’s products are sold under brand names, such as Dayton/Richmond, Aztec, Symons, BarLock, Jahn, Swift Lift, Steel-Ply, Dayton Superior, Conspec, Edoco, Dur-O-Wal and American Highway Technology. In addition, Dayton Superior sells a line of new and used forming and shoring systems, which may be combined to create solutions for a variety of customer-specific applications. The Company also rents a line of forming and shoring systems.Likely dead money for the next year, sales for last quarter flat on a year-to-year basis, but at current $.57 putting in CAPs as a long term contrarian play. Cement business will obviously be challenging in 2009, but company did announce a debt restoring that is expected to save .15-.20 cents per share - that should help put a floor in here near current price level once its understood by the market. Likely market outperforming for patient investors looking for LT cap gains. With money flowing in Washington in the beginning of 2009 , DSUP is a good play to make some Mad Money when the new president signs a new bill to reform the bridges and highways in the coming years . Target price is 2.25 a share !

2. Sirius ( SIRI ) .11 A Share As Of 12/12/2008
Sirius XM Radio Inc., formerly Sirius Satellite Radio Inc., is a satellite radio provider in the United States. The Company offers over 130 channels to its subscribers, 69 channels of 100% commercial-free music and 65 channels of sports, news, talk, entertainment, traffic, weather and data content. Its primary source of revenue is subscription fees, with most of its customers subscribing to SIRIUS on either an annual, semi-annual, quarterly or monthly basis. As of December 31, 2007, the Company had 8,321,785 subscribers. In addition, it derives revenue from activation fees, the sale of advertising on its non-music channels, and the direct sale of SIRIUS radios and accessories. Various brands of SIRIUS radios are Best Buy, Circuit City, Costco, Crutchfield, Sam’s Club, Target and Wal-Mart and through RadioShack. In July 2008, XM Satellite Radio Holdings Inc. and SIRIUS Satellite Radio Inc. completed their merger.The merger will have many issues in the near term but it opens the door to advertising, on radio and on a national scale. Look for the entire business model to change.satellite radio is not going anywhere. as a sales guy that drives 25k miles +, sat radio is a savior!Finally merged. 1-2 years of shaking out the details and aligning the management teams before this thing takes off. combining debts and leveraging assets with XM was the final selling point. satellite radio is not going away.Sirius XM Radio will now see higher gains over the longer term. It's in the public's hand's carry satellite radio into the horizon from here. I highly suggest investing fun money as a long term play. Stay long and enjoy the benefits, but beware a possible near term reverse split. Target price is 3.00 a share by 2010 !

3. Ruby Tuesday ( RT ) 1.57 A Share As Of 12/25/2008
Ruby Tuesday, Inc. (RT) owns and operates the Ruby Tuesday concept in the higher end of the bar and grill segment of casual dining. The Company also offer franchises for the Ruby Tuesday concept in domestic and international markets. During the fiscal year ended June 3, 2008 (fiscal 2008), the Company owned and operated 721 casual dining restaurants, located in 28 states and the District of Columbia. In fiscal 2008, the franchise partnerships operated 122 restaurants and traditional franchisees operated 48 domestic and 54 international restaurants. The restaurants offer simple, fresh American dining with a range of appetizers, handcrafted burgers, a garden bar, which offers up to 46 items, fresh chicken, steaks, crab cakes, salmon, tilapia, fork-tender ribs, and more. It also offer RubyTueGo curbside service at both Company-owned and franchised restaurants. In fiscal 2008, the Company completed the re-imaging of 655 Company-owned restaurants.The expansion was very good for the restaurant and they have struggled because they finished in time for the "credit crunch". However, I think that their balance sheet will turn around in the next few years to make them some great profits.Ruby's is way oversold and undervalued. Simple Fresh American fare at great prices, and exceptional service. The new stores are modern & attractive with tablecloths, and trendy furnishings. The new menu is great, and the salad bar is brimming with all of the things a health conscious person would salivate over. The menu includes all of the things customers have come to expect, and a host of other delights for the more sophisticated patron. This chain is stepping up from its peers like Chili's, Bennigans, and Applebee's...by providing a nicer dining experience at about the same cost. During these challenging economic times, expect RT to increase market share and margins. This time RT management has hit the bulls eye .RT will recover, they provide a variety of organic and natural foods as part of their dinners and salad bar that I think as the "Green" movement continues, more people are likely to go there and eat. Also, this is a dividend paying company and they are down near a 10 year low in price.with all the new money spent , wisely new menu and decor , two thumbs up ! great buy at this 52 week low , buy, buy, buy ! This is a long term play ! Target Price 15.00 by 2010 & 25.00 a share by 2011 !

4. Composite Technology ( CPTC ) .26 As Of 12/25/2008

These modern realities underscore the need for better, upgraded transmission and distribution lines both domestically and abroad. CTC's solutions address these problems. Through our advanced cable technology, our products can double the current carrying capacity and dramatically increase system reliability by reconductoring existing lines. For new construction, our higher strength cable can significantly lower costs by reducing the number of structures by as much as 16% or more. Composite Technology Corporation, an industry leader in composite technology, designs, manufacturers and markets a diversified line of products that solve many of the power industry problems today. Our products range from composite core utility cable to a wide range of composite structures for the utility, municipality and industrial markets.Composite Technology Corporation (CTC) provides energy products and renewable energy products to the electrical utility industry. It offers two primary products: electrical transmission cable conductors and wind turbines. Its conductors use composite materials that result in energy efficient conductors for electrical transmission systems. Its advanced wind turbines offer renewable energy alternative to greenhouse gas emitting energy sources, such as fossil fuel and coal. CTC operates through two segments: DeWind and CTC Cable. The Company’s primary products consist of its Aluminum Conductor Composite Core (ACCC) conductor sold under its CTC Cable segment (Cable) and its DeWind wind powered electricity generating turbines sold under its DeWind segment (Wind).Spec position.....but if the company delivers on 09' numbers then watch out!!! this stock will fly with thw wind!This is a green energy play. Target price .76 !

Sirius Soars 33 % , Today ! Why ! and what is next ? Should u buy ??

Sirius XM soars nearly 32% on a day markets are off over 2%
Major movement, Sirius Satellite Radio (SIRI)

After setting a new 52-week low, which is actually more like an all-time low, this morning at 29.5 cents,Sirius XM Radio Inc. (NASDAQ: SIRI) shares have soared over 33.6% to 38.17 cents .Yes, it is still traded on the Nasdaq, for now.Pink slip whating to happen ! Maybe a reverse stock split ??

It's been rather obvious why Sirius stock has been pounded: the weak economy, declining consumer spending, slowing auto sales, increasing debt combined with difficulty to raise capital -- cashflow problems -- and so on. But it's not that clear why the stock is rising today.

The most obvious reason for the jump in the stock price would be because even the smallest change at these price levels is a considerable percentage jump. That's partly why stocks are usually delisted from major exchanges when they reach, and stay in, penny stock territory. But for now, the Nasdaq has suspended the minimum dollar listing rules until January 16, 2009 as the number of stocks under a dollar has increased four fold the past month.

Another reason why there might be some optimism is a completely unsubstantiated rumor regarding a buyout. Over the years, Sirius has been rumored to be taken over by Microsoft, Apple, Google and CBS among others. Today, one reader suggested Disney is the one rumored to take over the troubled satellite radio company. Needless to say I put very little stock in this.

If a takeover is out of the question, what can Sirius do to save itself? That's been the question on many investors' minds. To meet its cash needs, Sirus needs to raise capital -- by borrowing more money if it can, or issue more stock, as well as cut programming costs -- yes, get rid of talent. Even then its future is somewhat questionable.

Finally XM & Sirius Will Be Merging Together !!! FCC Approves !!

The two satellite radio pioneers, Sirius Satellite Radio and XM Satellite Radio Holdings, have received the green light for their long-planned merger. The Federal Communications Commission (F.C.C.) formally approved Sirius to takeover XM which means that about 18 million subscribers will be able to receive programming from both services. Sirius will purchase XM for about $3.5 billion.

Republican commissioner Deborah Taylor Tate had the tie-breaking vote and she gave it in favor of the merger after the two firms agreed to pay $19.7 million to the federal Treasury to settle F.C.C. rule violations. The final vote was confirmed by F.C.C chairman Kevin J. Martin on Friday night.

F.C.C. two Democrats members, Jonathan S. Adelstein and Michael J. Copps, voted against the resolution arguing that it will create a monopoly on that market, a fact which wouldn’t be in the public interest at all. The three Republican members of the commission - Mr. Martin, Ms. Tate and Robert M. McDowell – voted in favor of the takeover.

"The biggest question mark is how this product thrives in an era of difficult financing and where people have alternative means of getting radio," says Blair Levin, former FCC chief of staff, BusinessWeek.com reported.

A merger between Sirius and XM means that the two companies will save costs that normally are passed onto consumers. Thus they will probably be able to turn around their financial state and report profit. However, the satellite radio firms are facing some tough competition coming from their traditional AM/FM radio, internet-based radio stations and programming delivered by MP3 players such as iPods.

Yesterday, while the F.C.C. members were still tied in their vote, Sirius shares went up 30 cents, or 13 percent, to $2.68 at 4 p.m. New York time in Nasdaq Stock Market trading and fell 12 percent this year. XM climbed 94 cents, or 10 percent, to $10.04 and is down 18 percent.

About time 160 days over due ! Now i can listen to Howard Stern & baseball under on roof !!!!!!!!! I hope all traders did buy sirius under 2.50 a share , if so, kudos to u and lets see where the stock will take us on monday !! sell share after or if it reaches 4 a share !!!

Sirius & XM Merger approved (They Got The Green Light )

FCC reaches deal to approve XM-Sirius merger

NEW YORK, July 24 (Reuters) - Commissioners at the Federal Communications Commission have reached an agreement to approve Sirius Satellite Radio Inc's (SIRI.O: Quote, Profile, Research, Stock Buzz) purchase of XM Satellite Radio Holdings Inc (XMSR.O: Quote, Profile, Research, Stock Buzz), the Wall Street Journal reported on Thursday.

Republican commissioner Deborah Taylor Tate agreed to cast a tie-breaking vote in favor of the deal after winning several concessions from the companies involving enforcement issues.

"I think it's fair to say an agreement in principle has been reached," FCC Chairman Kevin Martin was quoted by the Journal as saying. (Reporting by M. Gershberg, editing by G. McCormick)

Xm & Sirius Merger News !!! ( Is it going to happen ?? )

Sirius Satellite Radio (SIRI - Cramer's Take - Stockpickr) and XM Satellite Radio (XMSR - Cramer's Take - Stockpickr) have earned tentative clearance from the Federal Communications Commission to merge, according to reports.

The Wall Street Journal, quoting sources close to the negotiations, said Wednesday that FCC commissioner Deborah Taylor Tate will break the FCC stalemate by siding with Chairman Kevin Martin and his list of stipulations for the satellite radio providers.

Shares of XM, which posted second-quarter earnings Tuesday, surged 9% to $9.92. Sirius was lately up 4.4% to $2.48.

In addition to Martin's laundry list of concessions -- which includes a-la-carte pricing and a three-year cap on price increases -- Tate will approve the XM-Sirius deal in exchange for a consent decree that resolves several enforcement issues involving the satellite radio companies and a combined fine of about $20 million for the transfer of licenses, according to the report.

Martin has also sought an open standard for the manufacturing of radio receivers, spectrum set aside for additional public interest channels, and that service be extended to Puerto Rico, where neither company currently offers service.

An FCC source confirmed to TheStreet.com that commissioner Robert McDowell will also back Martin's list of requirements. Representatives for XM and Sirius decline to comment on the report.

"There was some controversy with Tate at the end and whether she wanted to make the process more complicated," says RBC Capital analyst David Bank. "The real question becomes at what point is it all in the stock. Now, the story becomes long-term execution and whether or not they can be successful. The stock is now trading up into the acquisition and it will now depend on the guidance the joined company."

Earlier Wednesday, FCC commissioner Jonathan Adelstein withdrew his conditional approval and joined commissioner Michael Copps in opposing the deal. Last week, Adelstein said he would approve a deal based on a list of concessions. He proposed that price caps should extend to six years after the deal is completed, doubling what FCC Chairman Kevin Martin is seeking from the two satellite companies.

Adelstein also wanted to have 25% of the joined company's spectrum set aside for public interest channels.

the street.com

Buy your shares now , before the 3 a share price !

Sirius Pop For Sirius ??

Sirius Pop For Sirius ??
Cramer Says So !!

Can the merger happen sooner than later ??

The Federal Communications Commission staff that has been reviewing the proposed merger of XM Satellite Radio (XMSR) and Sirius Satellite Radio (SIRI) has recommended that the deal be approved, according to the Wall Street Journal.
The recommended approval comes with some suggested concessions. FCC Chairman Kevin Martin, who apparently crafted a set of conditions to the deal, said that he supports the agreement.
Martin is calling for for price caps on the combined company’s service fees and additional service options for three years. The FCC also would require the combined company to set aside 8% of its channels for non-commercial and minority-owned stations. The companies also would agree to license their technology more widely to other manufacturers, and to offer interoperable radios, both of those within a year of the deal’s closing date.
The deal still requires the approval of the FCC commissioners.

Buy now ( SIRI ) will the stock is around 2.60 a share , when the merger approves u coild get 5.00 a share !

FCC annouced that they will rule by the end of June !

FCC: We'll Rule On Sirius - XM By The End Of June (SIRI, XMSR)
Michael Learmonth May 23, 2008 6:05 PM
FCC chairman Kevin Martin finally gave a sign on a timetable for a ruling on the long-delayed Sirius Satellite Radio's (SIRI) takeover of XM Satellite Radio (XMSR). "The commission could act by the end of the second quarter," he said in a press conference on Friday.
The commission has been debating what conditions to impose on the combination of the two satellite radio firms; the terrestrial radio lobby and citizens groups have demanded that the two companies give up spectrum to competitors. It should be noted that the FCC is under no obligation to rule by the end of June, and could continue to delay if the commissioners can't reach a decision.
By the end of June, it will have been 17 months since the deal was first announced. The Department of Justice approved the tie-up in March.