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Stock Market & Financial Investment News

News Breaks
November 15, 2012
07:19 EDTPArtists oppose "Internet Radio Fairness Act" in open letter
125 artists, including 40 GRAMMY winners, are "opposing new cuts to artists' pay" that would come from the "Internet Radio Fairness Act," according to a statement yesterday from musicFIRST, a musician group. Common, Dead Kennedys, Missy Elliot, Vince Gill, Don Henley, Billy Joel, Maroon 5, Martha Reeves, David Sanborn, Michael W. Smith, and Roger Waters are among the artists named in an open letter posted on the group's site that will also be published in this weekend's Billboard Magazine. Internet radio companies such as Pandora are pushing Congress to pass the "Internet Radio Fairness Act," H.R. 6480/S. 3609, which could slash by 85 percent royalties paid to musicians and artists when their songs are played over Internet radio, the group said. Reference Link
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January 23, 2015
14:05 EDTPPandora rises after positive comments from analysts
Research firm Rosenblatt placed a Buy rating on Pandora (P), as the firm believes that the company can increase its profits by selling more ads. WHAT'S NEW: Pandora can sell more ads as usage of its Internet radio service increases going forward, Rosenblatt analyst Martin Pyykkonen wrote in a note to investors today. Moreover, the company's sales force has become more effective, as it is now covering most radio ad markets in the U.S., the analyst stated. This development should also drive Pandora's ad sales higher, according to the analyst, who set a $20 price target on the shares. WHAT'S NOTABLE: Another research firm, OTR Global, earlier today wrote that its survey indicated that advertising agencies plan to increase their spending on Pandora's ads by a larger amount this year than last year. PRICE ACTION: In mid-afternoon trading, Pandora jumped 10.7% to $17.63.
10:44 EDTPPandora rallies after analyst releases upbeat survey results
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09:45 EDTPOTR Global has increased confidence in Internet radio
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09:43 EDTPPandora calls active
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07:24 EDTPPandora weekly volatility elevated into Q4 and guidance
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05:55 EDTPStocks with implied volatility above IV index mean; P HLF
Stocks with implied volatility above IV index mean; Pandora (P) 67, Herbalife (HLF) 121 according to iVolatility.
January 20, 2015
10:57 EDTPPandora calls active on renewed takeover speculation
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10:46 EDTPRumor: Pandora strength attributed to renewed takeover speculation
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