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News Breaks
January 7, 2013
08:36 EDTPPandora reports December audience metrics
Listener hours for Pandora during the month of December 2012 were 1.39B, an increase of 54% from 906 million during the same period last year. Share of total U.S. radio listening for Pandora in December 2012 was 7.19%, an increase from 4.71% at the same time last year. Active listeners were 67.1M at the end of December 2012, an increase of 41% from 47.6M during the same time period last year.
News For P From The Last 14 Days
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March 30, 2015
07:51 EDTPPandora Q1 listening metrics trending in-line or better, says Canaccord
Canaccord said Pandora's Q1 listening metrics are trending in-line or better relative to their forecasts. The firm said audio ads remained strong and listener sampling for March showed consistency for its ad-load, which supports a solid Q1. Canaccord reiterated its Buy rating and $28 price target on Pandora sales.
March 27, 2015
12:29 EDTPPandora mentioned as stock pick by Legg Mason's Miller on CNBC
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March 26, 2015
07:24 EDTPWells Fargo to hold a forum
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March 25, 2015
19:21 EDTPApple, Beats working on streaming music service to rival Spotify, NY Times says
Apple (AAPL) is working with Beats to introduce a subscription streaming service to compete directly with services such as Spotify, according to the New York Times, citing people briefed on the company’s plans. Additionally, Apple is expected to overhaul iTunes Radio, the free service that competes with Pandora (P), the Times added. Reference Link
March 24, 2015
08:43 EDTPBullish Pandora argument 'not compelling,' says FBR Capital
FBR Capital believes the bullish argument that Pandora's earnings could support the stock under a SoundExchange Copyright Royalty Board victory scenario is "not compelling." FBR sees a "high probability" that rates are set well above current levels, which it views as a potential "meaningful headwind" for Pandora shares. It keeps an Underperform rating on the name with an $11 price target. It believes SoundExchange has the "inside track" in the CRB proceeding.
March 23, 2015
16:00 EDTPAmazon adds Pandora-like stations to Prime Music app, The Verge reports
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March 18, 2015
10:00 EDTPOn The Fly: Analyst Upgrade Summary
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09:23 EDTPOn The Fly: Pre-market Movers
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06:28 EDTPPandora upgraded to Buy from Fair Value at CRT Capital
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