InfoAnda - Sirius XM raises 2012 growth target on subscriber boost |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

New Australia phone app aims to fight skin cancer | 26 November 2010
Mother of Bears linebacker Urlacher dead at 51; unexpected but no foul play suspected | 15 September 2011
Pakistan c.bank sells 15 bln rupees of T-bills | 11 March 2009

Barbra Streisand details love of design in new book | 27 November 2010

Forum Views () Forum Replies ()

Read more with google mobile : Sirius XM raises 2012 growth target on subscriber boost |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Parasite tied to self-harm, suicide attempts 06 Jul 2012 Analysis: Euro zone fragmenting faster than EU can act 2:05am EDT Egypt parliament set to meet, defying army | 12:26pm EDT Obama invites Egypt's Islamist leader to U.S. 08 Jul 2012 Knee ligament injuries may be more common in men: study 08 Jul 2012 Discussed 254 In California, immigration bill designed as the ”anti-Arizona” 113 Scientists to unveil milestone in Higgs boson hunt 96 Obama team targets Romney over taxes, Republicans cry foul Watched Rocket launch a boost for California start-up Fri, Jul 6 2012 U.S. Morning Call: Wall St. eyes lower open, earnings Sun, Jul 8 2012 3XSQ: Storm clouds gather over Wall Street as earnings start 10:01am EDT Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Dalai Lama in exile A look at the life of Tenzin Gyatso, the 14th Dalai Lama of Tibet. Slideshow Space odysseys From the scientists on the ground to stunning views from space, a look at man's continuing exploration into the final frontier. Slideshow Libya’s Arab Spring Almost a year after ousting Muammar Gaddafi in a NATO-backed rebellion, Libyans head to the polls. Slideshow Sirius XM raises 2012 growth target on subscriber boost Tweet Share this Email Print Related Topics Tech » Hot Stocks » Asian Markets » Media » Mon Jul 9, 2012 11:11am EDT (Reuters) - Sirius XM Radio Inc raised its full-year subscriber and revenue targets, fueled partly by strength in the auto industry, where the satellite radio operator gets most of its customers. Sirius, which competes with free Internet radio services like Pandora Media Inc, raised its full-year subscriber forecast on Monday to about 1.6 million from 1.3 million. Sirius' rosier outlook followed surprisingly strong June U.S. auto sales, reported last week, indicating the industry is on track for its best year since 2007. Sirius, which gets the vast majority of its subscribers through new U.S. car sales, said it added 622,042 net subscribers in the second quarter, up 38 percent from the year-ago quarter and well ahead of estimates for 410,000 and 495,000 from two analysts contact by Reuters. Along with strong auto demand, Evercore analyst Bryan Kraft said the numbers also suggested Sirius did a better job than he expected at curbing customer cancellations, also known as churn. "It's a combination of strong auto sales and strong execution in managing churn," said Kraft, adding that Sirius could beat his estimate of a 1.91 percent churn rate for the second quarter. The subscriber boost led Sirius to raise its 2012 revenue target to about $3.4 billion from $3.3 billion and above analyst expectations for $3.36 billion, according to Thomson Reuters I/B/E/S. The update came as Sirius Chief Executive Mel Karmazin fends off a fight for control of Sirius from John Malone, the chairman of Liberty Media Corp, which owns 46.2 percent of Sirius shares. Liberty, which already holds five of 13 Sirius XM board seats, said in May it wanted to take over a majority of Sirius' board -- a disclosure Malone made without informing Karmazin. Karmazin said in a statement Monday the company continues "to be conservative in the face of a weak U.S. economic outlook." Sirius kept its previous targets for adjusted earnings before interest, taxes, depreciation and amortization at $875 million and for free cash flow of $700 million. Sirius, which ended the second quarter with 22.9 million subscribers, said it added over 1 million net subscribers in the first half of 2012. Shares of the company, valued at about $7.77 billion, added 1 cent at $2.06 in morning Nasdaq trade. (Reporting by Supantha Mukherjee in Bangalore and Sinead Carew and Liana Baker in New York; editing by Supriya Kurane, Gerald E. McCormick and Jeffrey Benkoe) Tech Hot Stocks Asian Markets Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 9 July 2012
Mexican electoral officials confirm Pena Nieto win |
Egypt president recalls parliament, generals meet |
Saudi police arrest prominent Shi'ite Muslim cleric |
Congo rebels seize strategic eastern town |
As Panasonic TVs flicker, new chief offers tough love |
Netflix shares could continue to rise: Barron's |
Nokia-born startup to launch MeeGo smartphone |
Chris Brown's Fortune spins to top of UK charts |
Libya's Jibril calls for grand coalition |
Gunmen kill seven in attack on Pakistan military camp |
Annan starts talks with Assad in Damascus |
Analysis: Syria crisis shows limits of rising Turkish power |
Egypt president recalls parliament, generals meet |
Russia mourns floods victims, Putin faces awkward questions |
Greek government wins confidence vote, bigger battles loom |
Little first-quarter growth seen for India outsourcers, recovery hopes fade |
Sharp to pay $198.5 million to Dell, two others to settle TFT case |
Netflix shares could continue to rise: Barron's |
Privacy risk from ads in apps rising: security firm |
Gartner raises global tech market growth forecast |
Oscar-winning actor Ernest Borgnine dead at 95 |
New Spider-Man comes out swinging in box office win |
Tom Cruise, Katie Holmes eye settlement: reports |
EU, Iran diplomats to meet for nuclear talks in July |
Kenya trials at war crimes court to start in April |
Mexican leftist refuses to accept election result |
Brazilian strategists star in Venezuela election |
Congo rebels withdraw from eastern town |
Hollande to stand by ban on Armenian genocide denial |
Ultra-Orthodox feel they are in dialogue of deaf with secular Israel |
Samsung wins court case against Apple because it's not as cool |
As TVs struggle, new Panasonic chief prepares thorough review |
Cell phone companies see spike in surveillance requests |
Microsoft to buy display maker Perceptive Pixel |
Palo Alto, Kayak set expected IPO price range |
Sirius XM raises 2012 growth target on subscriber boost |
Global tech market growth stabilizing: Gartner |
EU drafts bill to speed up music copyright pay |
Socialite Denise Rich dumps U.S. passport |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01