Archive for November, 2009

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Sirius XM Radio Third Quarter Earnings Review (NASDAQ:SIRI)

By
king1
– November 24, 2009
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By Relmor Demitrius -

On November 5th, 2009, Sirius XM Radio reported its 3rd quarter earnings.  I presented a preview of the 3rd quarter results before the conference call.  Let us see how Sirius XM did in comparison to our expectations at Kingofalltrades.

*******************   KOAT ********  Sirius XM 3rd Quarter Results *******************

Earnings                         .01 cent                                    0.00 cents
Operating Revenue   613 million                              618 million
Operating Costs           570 million                            552 million
Subscriptions               Gain of 248,000                    Gain of 102,000
ARPU                               10.75                                        10.87
FCF                                   43 million                                27 million

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Sirius XM Radio Growth Plans Gaining Momentum? (NASDAQ: SIRI)

By
Andrew Montero
– November 23, 2009
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As I stated in a previous article several weeks ago entitled: “Sirius XM Radio (NASDAQ: SIRI) and Liberty (NASDAQ: LCAPA, LMDIA, LINTA) Pursue Other Markets”, it appears things are heating up for the future plans of the Satellite Radio Company. On November 13th Liberty Global, another of John Malone’s diverse holdings issued the following Press Release titled “Liberty Global to Acquire Unity Media.“
In the release it states the following points of interest:
1) November 13, 2009: Liberty Global, Inc. (“Liberty Global,” “LGI,” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK) today announced that it has entered into a share purchase agreement with Unity Media S.C.A. to acquire all of the issued and outstanding capital stock of Unitymedia GmbH (“Unitymedia”), Germany’s second largest cable operator.
2) Liberty Global will acquire 100% of the shares of Unitymedia for an equity purchase price of €2.0 billion ($3.0 billion), from its parent, which is owned by a group of shareholders led by BC Partners and Apollo.
3) Liberty Global is being advised by Goldman Sachs in connection with this acquisition.
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Citibank-Citicorp-Citigroup…The History: Part 2

By
Andrew Montero
– November 22, 2009
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On April 6, 1998, the merger between Citicorp and Travelers Group was announced to the world, creating a $140 billion dollar firm with assets of almost $700 billion dollars. The chairmen of both parent companies, John Reed and Sanford Weill, were announced as co-chairmen and CEOs of the new entity, Citigroup (NYSE:C), Inc., although the huge difference in management styles between the two immediately presented question marks over such a setup.

Presented as a merger, the deal was truthfully more like a stock swap, with Travelers Group purchasing all of Citicorp shares for $70 billion dollars, and issuing 2.5 new Citigroup shares for each Citicorp share. By using this ratio, existing shareholders of each company wound up owning about half of the new merged one. The new company maintained Citicorp’s “Citi” brand in its name but adopted Travelers’ distinctive “red umbrella” as the new corporate logo, and it was used until 2007.

The remaining provisions of the Glass-Steagall Act ; enacted following the Great Depression forbade banks to merge with insurance underwriters, and meant Citigroup had between two and five years to divest any prohibited assets. Sanford Weill stated at the time of the merger that they believed “over time the legislation will change. We have had enough discussions to believe this will not be a problem”  The passing of the Gramm-Leach-Bliley Act in November 1999 proved Reed and Weill’s views, opening the door to financial services conglomerates with a mix of commercial banking, investment banking, insurance underwriting and brokerage services all under one roof essentially.

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Citibank-Citicorp-Citigroup…The History: Part 1

By
Andrew Montero
– November 22, 2009
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As a precursor to covering Citigroup (NYSE: C) stock, I feel a little history lesson is due.  The history lesson will help to bring us up to today in terms of where they have been, and where the company is headed in the future.  I have been in and out of this stock several times over the years, and have family who have worked for and retired from the company.  There was a time when my family lived and breathed First National and Citibank; a time when this company showed genuine care and passion for what it did and its employees did.  The company no longer holds its employees in high regard, but that will be gone into more in future articles.  I believe it is important to know as much about the company you invest in as possible.  That was never truer than it is right now.  For now, let us look at the history of one of the largest Banking conglomerates ever.
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mPhase Technologies, Inc. Inching Slowly Toward Product Release, Questions Remain

By
Rick King
– November 18, 2009
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By Rick King -

mPhase Technologies, Inc. (OTC BB: XDSL.OB) seems to be moving closer to a final product launch late this year or early 2010.  On November 2nd, 2009, mPhase anounced it had been granted a patent for its “greener battery” technology that has the potential to yield a safer end product. Toxic effects resulting from residual battery chemicals has been a major problem with other battery sources, and mPhase is leaning into the problem as one of its focus areas.

mPhase specializes in microfluidics and nanotechnology, and has received a few noticeable, albeit light accolades; such as becoming an International CES Innovations 2010 Design and Engineering Awards Honoree for its mPower Emergency Illuminator (formerly called the AlwaysReady Emergency Flashlight).  The Company develops nanotechnology-enabled products for commercial and military applications of which the newly rebranded “Illuminator” is center stage for the time being.

mPhase Technologies has also been undergoing extensive research and development with it’s flagship “mPhase Smart NanoBattery” – expected to become a major component of key electronics hardware in coming years.  The company’s recent patent approval and continued grant renewals appear to validate the company’s potential to yield profits following its initial product release – although much is yet to be seen.  Investors in mPhase have been mostly speculative to date – although continued signs of progress nearer to it’s initial product release strengthens its posture for the portable energy market.  This technology has the potential for use in not only personal electronics devices which are currently plagued by both short-term battery life and hazardous chemicals from waste disposal but also satellite integration.  The Smart NanoBattery is being developed for now under the Army’s STTR Program for military purposes.

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