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Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:39 EDTPPandora weakness a buying opportunity, says MKM Partners
MKM Partners recommends buying Pandora on weakness ahead of acceleration in 2H. The firm does not believe Q2 results indicate any fundamental change and reiterates its Buy rating and $35 price target.
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September 23, 2014
13:09 EDTPJudge rules Sirius XM infringed copyrights by playing songs recorded pre-1972
In a $100M royalty lawsuit between the rock band The Turtles and Sirius XM (SIRI), a California federal judge ruled that Sirius XM infringed copyrights and violated California state laws by broadcasting songs recorded before 1972 without paying royalties for the performance of the recording. Judge Philip Gutierrez ruled that the music industry can claim additional copyright in broadcasted songs that were recorded before 1972. The ruling can have a far reaching impact on digital radio providers who may have to cough up additional royalty fees for playing songs recorded before 1972. Pandora (P) is also a digital radio provider. Reference Link
10:02 EDTPOn The Fly: Analyst Initiation Summary
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07:05 EDTPPandora initiated with a Hold at Topeka
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September 22, 2014
12:02 EDTPPandora management to meet with Piper Jaffray
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September 18, 2014
07:32 EDTPMKM Partners to hold a conference
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September 17, 2014
11:47 EDTPStocks with call strike movement; PBR P
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September 16, 2014
09:45 EDTPRumor: Pandora moves up on renewed activist speculation
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07:27 EDTPBofA/Merrill to hold a conference
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September 15, 2014
07:20 EDTPPandora ad trends improving in back half, says JPMorgan
JPMorgan believes Pandora's advertising is strengthening in the back half of 2014 with accelerating growth in ad revenue. The firm reiterates an Overweight rating on the stock with a $42 price target.
September 12, 2014
07:58 EDTPPandora outlook has improved, says Oppenheimer
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September 11, 2014
15:45 EDTPPandora management getting savvier on content costs, says Maxim
Maxim said Pandora's (P) new multi-year rights agreement with BMG supports its view that management is getting more savvy on managing content costs. The firm also thinks the tone of Apple (AAPL) at its launch event suggests its service has yet to gain traction as a competitor to Pandora and that comments from Sirius XM's (SIRI) CFO indicate Pandora is gaining traction in car integration. The firm maintains it Buy rating and $35 price target on Pandora.
09:01 EDTPPandora strikes U.S. licensing deal with BMG
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