Sirius XM Establishes 2012 Guidance

Investors were anticipating that Sirius XM (NASDSAQ:SDIRI) CEO Mel Karmazin would issue 2012 guidance during the Q3 conference call. A surprise was delivered today when the leader of satellite radio issued the guidance at a Bank of America conference. In addition to announcing a price increase, Karmazin rolled out the company guidance for 2012. The [...]...