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Sirius XM: Global Launch Or Trouble At Home?

Ever since Liberty Media -- which bought 40% of Sirius XM in 2009 and bought up debt of international satellite radio operator WorldSpace, speculation has run rampant that perhaps Sirius and WorldSpace could work to bring Sirius XM's programming abroad.

"The business is seriously unprofitable at this point it," David Trainer, president of Nashville-based research firm New Constructs said. Such an undertaking would require lots of additional capital and Trainer already gives the stock a "dangerous" rating, but Matthew Harrigan of Wunderlich Securities, thinks the satcaster could have the monies to go global in the next few years.

Read the whole story at The Street »

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