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Top Stock Movers: Pandora Media Inc, A.P. Pharma, Masco Corporation, Atlantic Power Corp
2013-03-14 15:31:29| Furniture - Topix.net
Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:- Pandora Media Inc shares jumped 3.26% to $14.27. The company, on Mar.
Pandora Media Given New $15.00 Price Target at Raymond James
2013-03-12 06:09:34| Apparel - Topix.net
The firm currently has an "outperform" rating on the stock. Shares of Pandora Media traded down 0.36% during mid-day trading on Friday, hitting $13.74. Pandora Media has a 52 week low of $7.08 and a 52 week high of $14.70. The stock's 50-day moving average is currently $11.86. The company's market cap is $2.348 billion.
Tags: price
media
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Pandora Q4 results better than expected, seeks new CEO
2013-03-08 08:33:00| Telecompaper Headlines
(Telecompaper) Internet radio service Pandora reported revenues for its fiscal fourth quarter to January up 54 percent from a year earlier to USD 125.1 million. Advertising revenue rose 51 percent to USD 109.0 million, and subscription and other revenue increased 74 percent to USD 16.1 million. The net loss widened to USD 0.09 per share from USD 0.05 per share a year earlier, while the adjusted result came in better than expected, at a loss of USD 0.04 per share. Operating cash flow improved to USD 8.4 million, and Pandora finished the period with USD 89.0 million in cash. Alongside the results Pandora announced that CEO Joseph Kennedy is stepping down after almost ten years with the company. He will continue in his role until a successor is found. Pandora forecast Q1 revenue of USD 120-125 million and an adjusted loss per share of 10-13 cents. For fiscal 2014, revenues is expected to grow to USD 600-620 million from USD 427.1 million last year. The adjusted net result is forecast between a profit of 5 cents a share and a loss of 5 cents a share, versus a loss of USD 0.08 per share last year.
Tags: results
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seeks
Pandora CEO calls it quits
2013-03-08 00:05:41| CNET News.com
Following the company's earnings report, CEO Joseph Kennedy announces that he will leave the music-streaming company. [Read more]
Pandora posts big revenue gains as ads soar
2013-03-07 22:58:15| CNET News.com
Shares in the Web radio service company climb too, on both the earnings news and reports that Apple's would-be competing service will face delays. [Read more]
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