Chron.com | Sirius Widens 4Q Loss to $311.4 Million
NEW YORK — Sirius Satellite Radio Inc. reported a wider loss in the fourth quarter Friday as costs for building its rapidly growing base of subscribers mounted.
The company, which added shock jock Howard Stern to its roster last month, lost $311.4 million compared with a loss of $261.9 million in the same period a year ago.
The loss per share came in at 23 cents, a penny lower than analysts surveyed by Thomson Financial had been expecting and 2 cents greater than the loss of 21 cents a year ago. Revenues more than tripled to $80 million from $25.2 million.
Despite the relatively in-line results, the shares of both Sirius and its rival XM Satellite Radio Holdings Inc. fell on Friday, a day after XM disclosed the sudden departure of one of its board members, who warned of a looming "crisis" at that company if it didn't rein in costs.
I find this hillarious. HAHAHAHAHA! Thats me laughing in Howard Sterns face! People are tierd of your porno garbage. I believe the american people have spoken with ther pocket books.
Chron.com | Sirius Widens 4Q Loss to $311.4 Million
Arab Firm to Oversee 6 U.S. ports: "Arab Firm to Oversee 6 U.S. ports"
WASHINGTON — A company in the United Arab Emirates is poised to take over significant operations at six American ports as part of a corporate sale, leaving a country with ties to the Sept. 11 hijackers with influence over a maritime industry considered vulnerable to terrorism.
The Bush administration considers the UAE an important ally in the fight against terrorism since the suicide hijackings and is not objecting to Dubai Ports World's purchase of London-based Peninsular and Oriental Steam Navigation Co.
The $6.8 billion sale is expected to be approved Monday. The British company is the fourth largest ports company in the world and its sale would affect commercial U.S. port operations in New York, New Jersey, Baltimore, New Orleans, Miami and Philadelphia.
DP World said it won approval from a secretive U.S. government panel that considers security risks of foreign companies buying or investing in American industry.
The U.S. Committee on Foreign Investment in the United States "thoroughly reviewed the potential transaction and concluded they had no objection," the company said in a statement to The Associated Press.
The committee earlier agreed to consider concerns about the deal as expressed by a Miami-based company, Eller & Co., according to Eller's lawyer, Michael Kreitzer. Eller is a business partner with the British shipping giant but was not in the running to buy the ports company.
The committee, which could have recommended that President Bush block the purchase, includes representatives from the departments of Treasury, Defense, Justice, Commerce, State and Homeland Security.
Can anyone say Nuclear! I think this is such a horrible idea. I dont know what our government and the president for that matter are thinking! How in the world could you turn the Borders over to some group that had ties to 9/11. The Democrats are hoping to stop this and I truly hope they do! Can you imagine if the president would have done something like this right after 9/11
Thousands rally in Pakistan and Iraq against caricatures of the Prophet Mohammad that have appeared in European newspapers.
Pakistani police fire tear gas and detain more than 100 Islamists on the fifth day of violent protests against the publication of cartoons of the Prophet in western newspapers. Protests in Pakistan this week have resulted in at least five deaths and hundreds of detentions, and Denmark has decided to temporarily close its embassy there. In Iraq, more than 5, 000 supporters of the radical Shi'ite cleric Moqtada al-Sadr marched through the streets of Basra after Friday prayers to voice their protest against the cartoons.
I understand many people are upset about this whole Cartoon deal in Denmark. There are many things that are very confusing about this whole situation to me.
1. These Cartoons were published back in October of last year so why has it taken until now for the people to cause such a huge out cry? I have yet to understand.
2. FREEDOM OF SPEECH!! I understand what is being said about Islam in these Cartoons is offensive. I dont like it. I dont like any religion being put down for that matter. But just because I dont like something that is being said Im not going to go out and Riot in the streets. Maybe I would speak out and say "I really dont appreciate the way you are putting down my Religion." But what is Rioting and destroying my hometown going to solve? I mean it doesnt make any sense to me The Cartoons where printed in Denmark not in Iraq or Pakistan. So why in the world would you attack places right in your backyard? I mean I bet even if you are attacking Denmark based businesses that there are still many people from your country working there. So what is the sense? Plus personally I believe despite these Cartoons that Islam has sooooo much respect in the media. And definately alot more respect than any other religion. For instance how many times do you see the term like the Lord Budha or the Lord Jesus mentioned in any media publication? NEVER! But I can hardly think of a time when the name Mohammed. was not written with Prophet written before it. People respect the Prophet Mohammed. But all other religions are thrown by the way side. Does it mean they believe he is the Prophet of course not! It just means they are scared not to call him the Prophet that some radical might go nuts. I dont know about you but I dont want to live in a society of fear where I can not speak my mind and where others can not express themselves weather I agree or not.
A Muslim leader has told how he came within a whisker of being attacked by Islamic fundamentalists at Saturday's anti-cartoon rally in London.
Asghar Bukhari, who chairs the Ilford-based Muslim Public Affairs Committee, said he was confronted by hardliners angry at his speaking out in favour of democracy and integration.
He had gone to the rally - organised by the Muslim Council of Britain and intended as a peaceful demonstration - to protest at the publication of cartoon images of the prophet Muhammad in a series of European newspapers.
But after giving a talk encouraging Muslims to take part in the British political process and use democracy as a tool of integration, he says he found himself fleeing from 10 balaclava-clad men.
Mr Bukhari, 35, of Ilford, told the Recorder: "I had just finished speaking and I was walking away from the crowds, but there were still people milling around.
"I saw someone with his face covered and I thought it was a woman, but then he spoke and called me a hypocrite. I realised it was a man.
This story just goes to show you that these extremist do not show sympathy for anyone not even those who claim to be Muslim. Because in the terrorist eyes these people are not real Muslims. In there eyes to be a true Muslim you have to want all others wiped of the face of the planet that disagree with your religion. So word to all Muslims is stand firm on what you believe and do not let these people that call themself Muslim threaten you. These people are not our friends and they must be dwelt with. Otherwise the corruption of this wonderful religion has just began.