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Stock Market & Financial Investment News

News Breaks
February 20, 2013
14:30 EDTSNE, P, TWXSpotify set to meet with Sony, Warner Music, The Verge reports
A report from The Verge yesterday said that Spotify is planning to meet with Sony (SNE), Warner Music (TWX), and Universal Music in the next several weeks, according to industry sources. The report says Spotify is expected to ask for price breaks from the labels, as well as the rights to extend its free pricing to mobile devices. Today's weakness in Pandora (P), which is down 66c, or 5.00%, to $12.54, is being partially attributed to the report. Reference Link
News For SNE;TWX;P From The Last 14 Days
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May 24, 2013
11:28 EDTPOptions with decreasing implied volatility: WCRX P CBST NTI BBY PXP
10:04 EDTPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DDR Corp. (DDR) upgraded to Buy from Hold at Jefferies... Gordmans Stores (GMAN) upgraded to Overweight from Neutral at Piper Jaffray... Pandora (P) upgraded to Outperform from Sector Perform at RBC Capital... Procter & Gamble (PG) upgraded to Buy from Neutral at UBS... Sherwin-Williams (SHW) upgraded to Outperform from Neutral at RW Baird... Wendy's (WEN) upgraded to Buy from Neutral at Janney Capital... Whiting Petroleum (WLL) upgraded to Buy from Neutral at SunTrust... Alliance Data (ADS) upgraded to Outperform from Market Perform at William Blair.
09:43 EDTPActive equity option families trading
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09:25 EDTPOn The Fly: Pre-market Movers
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08:14 EDTPPandora price target raised to $20-$22 from $15-$17 at Wells Fargo
Wells Fargo increased its price target on Pandora after the company reported higher than expected Q1 revenue and raised its full-year EPS guidance. The firm expects the company's results in the second half of the year to be driven by stronger ad revenue, and it keeps an Outperform rating on the shares.
07:29 EDTPPandora price target raised to $24 from $17.50 at Stifel
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06:54 EDTPPandora price target raised to $24 from $20 at Piper Jaffray
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06:30 EDTPPandora upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital upgraded Pandora citing strong Q1 results driven by improving fundamentals, robust user metrics, growing mobile monetization, and recovering computer growth monetization. Price target raised to $24 from $16.
06:16 EDTSNESony Mobile to extend cooperation with ODM firms, DigiTimes says
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May 23, 2013
18:54 EDTPOn The Fly: After Hours Movers
UP AFTER EARNINGS: Pandora (P), up 9%... Infoblox (BLOX) up 16.8%... Marvell (MRVL), up 7.3%. DOWN AFTER EARNINGS: Sears Holding (SHLD), down 11.6%... salesforce.com (CRM), down 6.2%... Gap (GPS), down 3.2%... Aeropostale (ARO), down 3.1%. ALSO LOWER: AVEO Pharmaceuticals (AVEO), down 12.9% after disclosing that its partner Astellas will not submit an EMA marketing application for tivozanib... Titan Machinery (TITN), down 12.4% after saying it sees first quarter earnings below consensus and the company cut its full-year earnings view.
16:53 EDTPPandora spikes higher after results, levels to watch
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16:09 EDTPPandora sees FY14 EPS (2c)-8c, consensus 1c
Sees FY14 revenue $615M-$635M, consensus $616.73M.
16:08 EDTPPandora sees Q2 EPS (2c)-1c, consensus 1c
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16:06 EDTPPandora reports Q1 EPS (10c), consensus (10c)
Reports Q1 revenue $125.5M, consensus $123.83M. Reports Q1 listener hours up 35% over last year to 4.18B. Reports Q1 subscribers up 114% to over 700K net new subscribers.
15:42 EDTPPandora June 17 straddle priced for 21% share movement into Q1
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15:24 EDTPNotable companies reporting after market close
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13:46 EDTPPandora call active into Q1 and mobile usage profit outlook
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11:38 EDTSNEGameStop sees being able to leverage buy/sell/trade model with new consoles
GameStop (GME) says in communication with Microsoft (MSFT) about how used games and resale will be handled in respect to upcoming Xbox One.
11:22 EDTSNEGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTSNEGameStop says 'right in the middle' of opportunity presented by new consoles
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