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The company said it expects to reach break-even cash flow in late 2004 8 million, compared with a loss of $78 Separately Thursday, General Motors Corp 2 million, or $1 The second-quarter loss was expected due to a rapidly ramping growth business, XM Satellite said Subscribers pay $9 3 million from $3 7 million a year earlier 38 a share, for the quarter, compared with a loss of $117 Its shares ended down 18 cents, or 10 percent, at $1 Though the quarterly loss per share was unchanged from a year ago, the figure is wider than the $1 said it had built 500,000 cars equipped with XM Satellite receivers 75, or 21 percent, to close at $10 Revenue rose to $18 38 a share, a year ago A competitor to XM Satellite, Sirius Satellite Radio, Wednesday said it ended the last quarter with 105,000 subscribers, short of the predictions of some analysts The service added 209,178 subscribers during the quarter, for a total of 692,253 53 on the Nasdaq 52 on the Nasdaq Stock Market 25-a-share loss predicted by analysts surveyed by Thomson First Call 99 a month for access to 100 radio channels 8 million Shares of XM Satellite fell $2 The Washington-based company lost $161 XM Satellite said its loss before interest, taxes, depreciation and amortization for the quarter widened to $95 fell sharply Thursday after the satellite-radio broadcaster posted a wider second-quarter loss, citing asset depreciation XM Satellite Radio Shares Plunge Aug 8, 7:12 AM EST The stock of XM Satellite Radio Holdings Inc 9 million, or $1 The band recorded two albums of socially conscious songs before breaking up in 1996 The trademark infringement suit claims the use of the name for the TV show will dilute the meaning of the band's name in the eyes of its fans " sold 5 million copies In the early 1990's, the rock group Living Colour sued the network for use of their name in the comedy show "In Living Color Hip-Hop Group Sues Fox for Using Its Name Nov 7, 1:09 PM EST Hip-hop group Arrested Development is suing Fox for using the band's name for a new sitcom developed by Ron Howard " Arrested development is defined as "an abnormal state in which development has stopped prematurely It's not the first time Fox has had to fight such a battle " The sitcom, which stars Jason Bates and Portia de Rossi is a comedy about a family dealing with life after the patriarch is incarcerated " The suit was eventually settled out of court Their 1992 album "3 years, 5 months and 2 days in the Life of Fox said in a statement the show's title is a commonplace expression as well as "an established psychological condition The Atlanta-based group announced in November it was releasing a new album called "The Heroes of the Harvest," due out next year, according to MTV |
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