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Stock Market & Financial Investment News

News Breaks
June 19, 2014
07:16 EDTPPandora's new native ad unit tracking well, says B. Riley
B. Riley's checks suggest Pandora's new native ad unit is tracking well with 1-2% of Active Listeners using it and pricing and gross margins above company averages. The firm believes the new ad unit could be incremental to 2014 and material to 2015 if rolled out broadly. Shares are Buy rated with a $38 price target.
News For P From The Last 14 Days
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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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