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News Breaks December 5, 2012 07:37 EDT P Pandora Q4 outlook reflects conservative view, says Needham Needham said it disagrees with the post-earnings sell-off in shares of Pandora and reiterates a Buy rating on the stock. Needham thinks the most important metrics from Pandora's Q3 were positive and that its lowered outlook for Q4 reflects a very conservative view. News For P From The Last 14 Days Check below for free stories on P the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | all recent P news | >> June 17, 2013 10:43 EDT P Pandora radio station purchase angers music indutry, The Hill reports Pandora's purchase of a South Dakota radio station has angered the music industry, which views the move as an attempt by the company to pay lower music royalty fees, The Hill reported on Friday night. Pandora said that the purchase would help it lower its music royalties, the website stated. Reference Link June 14, 2013 06:57 EDT P Pandora sued by BMI over royalty rates, Forbes says Subscribe for More Information June 12, 2013 06:52 EDT P Pandora shares still attractive despite iTunes radio threat, says RBC Capital Subscribe for More Information June 11, 2013 17:04 EDT P Pandora buys radio station to qualify for RMLC settlements Subscribe for More Information 07:30 EDT P Pandora can continue to execute despite increased risk, says RBC Capital Subscribe for More Information 07:16 EDT P Apple iTunes radio not seen as threat to Pandora, Bloomberg reports Apple’s (AAPL) move into the online-radio business may not turn out to be a Pandora Media (P) killer after all. The service shares many features with other Web-radio products, reports Bloomberg.Reference Link 06:06 EDT P On the Fly: Periodicals Wrap-Up Subscribe for More Information 05:50 EDT P Radio market is big enough for multiple Internet players, says William Blair Subscribe for More Information June 10, 2013 16:39 EDT P On The Fly: Closing Wrap Subscribe for More Information 14:54 EDT P Apple says iTunes Radio to start in U.S., come to other countries later iTunes Radio to work for iPhone, iPod, iPad, Mac and Apple TV and will come with iOS 7. 14:51 EDT P Apple confirms iTunes Radio streaming music service Subscribe for More Information 12:44 EDT P Pandora June 15 straddle priced for 11% move into Cook’s keynote at Apple WWDC 12:11 EDT P On The Fly: Midday Wrap Stocks on Wall Street were higher at midday after S&P raised its outlook on the U.S. economy, Chinese data disappointed and Japanese stocks rallied. Stocks began the session higher but the averages turned mixed within minutes and passed back and forth across the flatline in the early minutes of the trading day. The averages made a definitive move higher about an hour into trading and have remained in positive territory since. ECONOMIC EVENTS: In the U.S., ratings agency Standard & Poor's upgraded its outlook for the U.S. economy to stable from negative, pointing to the strengthening economy and the dollar's status as the world's "key reserve currency" as contributors to its decision. In Asia, Chinese exports posted their lowest growth in almost a year in May, while inflation, growth in bank lending and investment came in below expectations. Also, factory output and retail sales grew at a pace that was similar to previous months. However, in Japan, the Nikkei index rallied nearly 5% after the nation's gross domestic product expanded by an annualized 4.1% in the first quarter, which was stronger than the prior 3.5% growth estimate. COMPANY NEWS: Apple (AAPL) advanced over 1% ahead of the start of its Worldwide Developers Conference, which kicks off with a keynote address from CEO Tim Cook scheduled for 1 pm ET. An updated mobile iOS, a new version of its desktop operating system and new MacBooks have all been rumored to debut, but the most discussed potential announcement is Apple’s "iRadio" Pandora (P) competitor. Pandora shares were down almost 3% as the event approached... Facebook (FB) shares rallied 5% after research analysts at Stifel and JPMorgan both issued positive notes to investors about the social network company. MAJOR MOVERS: Among the notable gainers was Canadian Solar (CSIQ), which rose 7% after announcing a $300M deal for solar power plant construction. Among the noteworthy losers were Dynavax (DVAX), which dropped 34% after reporting feedback from an FDA meeting regarding its investigational adult hepatitis B vaccine, and Titan International (TWI), which fell over 8% following downgrades by at least three firms. INDICES: Near noon, the Dow was up 25.89, or 0.17%, to 15,274.01; the Nasdaq was up 14.18, or 0.41%, to 3,483.40; and the S&P 500 was up 3.76, or 0.23%, to 1,647.14. 11:58 EDT P Pandora puts active on Apple Worldwide Developers Conference Subscribe for More Information 08:30 EDT P JPMorgan still likes Pandora ahead of Apple event Subscribe for More Information 06:41 EDT P Some analysts say Apple product could surpass Pandora, NY Times says Apple's (AAPL) streaming music product, expected to be announced today, could attract more users than a similar service from Pandora (P), some analysts say, according to The New York Times. Pandora has 200M users, the newspaper noted. Reference Link June 7, 2013 09:50 EDT P Pandora mentioned cautiously at BTIG 09:39 EDT P Apple has all major labels signed for iRadio with Sony added, AllThingsD says Subscribe for More Information 09:04 EDT P Pandora won't be killed by Apple radio, says Pacific Crest Subscribe for More Information 08:32 EDT P Pandora reports May listening hours up 22% to 1.35B Subscribe for More Information 1 | 2 | all recent P news | >> Sign up for a free trial to see the rest of the stories you've been missing.