Before the bell 7-31-07: SIRI, GSK, JNJ, AAPL, WEN ...

Published: July 31, 2007, 4:32 am

Tags: aapl, dj, gsk, jnj, nws, oats, siri, vz, wen, wfmi

Filed under: Before the bell, Earnings reports, Analyst upgrades and downgrades, Apple Inc (AAPL), Sirius Satellite Radio (SIRI), Johnson and Johnson (JNJ), Whole Foods Market (WFMI), Verizon Communications (VZ), Wendy's Intl (WEN), News Corp'B' (NWS), Dow Jones and Co (DJ)Main market news: Before the bell 7-31-07: Poised for a solid higher start Sirius Satellite Radio Inc. (NASDAQ: SIRI) has reported quarterly results this morning, posting a substantially lower net loss as it added more than a half-million new subscribers and revenue grew by about 50%. Sirius reported a net loss of $134.1 million, or 9 cents per share. Adjusted, Sirius lost 8 cents per share in the period. Revenue rose to $226.4 million from $150.1 million a year earlier. Analysts had expected a loss of 10 cents per share in the quarter on revenue of $228.3 million. Other key metrics were mixed as cost for adding each subscriber and average monthly revenue per subscriber fell but average monthly churn edged up to

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