|Bid||8.840 x 4000|
|Ask||8.850 x 1300|
|Day's Range||8.800 - 8.970|
|52 Week Range||4.090 - 10.070|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.41|
SiriusXM CEO James E. Meyer speaks with CNBC’s David Faber about the company’s decision to acquire Pandora for $3.5 billion in September 2018.
Can Apple Survive Its Stagnating iPhone Unit Sales? Apple (AAPL) is working toward its goal of doubling its 2016 Services revenue by 2020. In its fiscal 2018, which ended in September, Apple generated $37.2 billion worth of Services revenue, bringing it closer to its revenue target.
What may have looked like a guaranteed 130% jump at first has become a smaller gain over time, because the music service is being bought with stock instead of cash.
unleashed a day of turmoil for Theresa May when he resigned as Brexit secretary in protest at a withdrawal treaty he said presented a “very real threat” to the integrity of the UK. Mr Raab told the prime minister that he could not support the deal because it broke Tory manifesto promises and represented “a matter of public trust”. Ms McVey said the agreement did not “honour the result of the referendum, indeed it does not meet the tests you set from the outset of your premiership.
Pandora Media Inc. on Tuesday announced that it was expanding its podcast inventory and creating a new recommendation tool that will allow users of the music streaming service to better locate podcasts that could be of interest to them. The company created the Podcast Genome Project, a play on its Music Genome Project recommendation algorithm for songs, that will enable podcast discovery through Pandora. "We think podcasts represent a fast growing market in terms of listeners but it suffers from a couple of problems, including that discovery is very rudimentary and there is nothing personalized about it," Pandora Chief Executive Roger Lynch told MarketWatch. He said that the company will categorize podcasts through a number of segments, which will also help it sell the genre to advertisers. Sirius XM Holdings Inc. is planning to acquire Pandora, and Lynch said that "spoken-word content" is a "natural area of cooperation" for the two companies. Pandora shares are up 2% in midday trading Tuesday, while the S&P 500 is up 0.4%.
Earlier this year, Pandora challenged Spotify's personalization capabilities by using its Music Genome technology to create dozens of customized playlists for its users. Today, it will begin leveraging similar technology to do the same for podcasts. The Podcast Genome Project, as it's called, is now powering a new recommendation system that will be combined with human editorial oversight to offer content suggestions for Pandora users.
Pandora (NYSE:P), the largest streaming music provider in the U.S., today unveiled its podcast offering, powered by the Podcast Genome Project, a cataloging system and discovery algorithm that uses a combination of technology and human curation to deliver personalized content recommendations. Beginning today, Pandora will roll out beta access to select listeners on mobile devices.
Now, the music-streaming company is ready to announce the "Podcast Genome Project," a tool that's both a cataloging system and recommendation algorithm for spoken audio programs. Much like the company's existing Music Genome Project, which categorizes music on hundreds of characteristics to make recommendations to listeners, the Podcast Genome Project (which I'm now abbreviating to PGP). Additionally, it also takes user feedback (like thumbs-up or thumbs-down ratings, skips and replays) into account and combines that with machine learning analysis and natural language processing to build a profile for each individual users.
NEW YORK , Nov. 8, 2018 /PRNewswire/ -- Moore Kuehn, PLLC is investigating potential claims for breach of fiduciary duty involving the directors and officers of Pandora Media, Inc. (NYSE: P). On September ...
Pandora (NYSE:P), the largest streaming music provider in the U.S., today unveiled its new brand narrative platform and nationwide campaign inspired by the power music and sound have to make each life moment better, called “Sound On.” The new narrative celebrates the role Pandora has in connecting listeners with the music and audio content they love, to help them live their lives at full volume.
NEW YORK, NY / ACCESSWIRE / November 7, 2018 / U.S. stocks closed in the green on Tuesday, with the Dow Jones rallying 173 points, as investors braced for the midterm election results. The Dow Jones Industrial ...
NEW YORK, NY / ACCESSWIRE / November 6, 2018 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New ...
The music streaming leader had another strong quarter ahead of its merger with the satellite music giant.
Streaming music provider Pandora Media Inc (NYSE: P) reported Monday its third-quarter results and could impact the pending acquisition from Sirius XM Holdings Inc (NASDAQ: SIRI). Barrington Research's James Goss maintains an Outperform rating on Pandora with an unchanged $11 price target. Wedbush's Michael Pachter maintains at Outperform, unchanged $10 price target.
Although November 6 is very important to the stock market because it’s election day in the United States, traders are also paying attention to several equities that are trending for various reasons. Without further elaboration, let’s dive in and see why the spotlight is shining on Amazon.com Inc. (NASDAQ:AMZN), The Kraft Heinz Company (NASDAQ:KHC), Ultragenyx Pharmaceutical Inc (NASDAQ:RARE), PTC […]
Streaming music service Pandora released its third quarter earnings today - the first since the news of its impending acquisition by SiriusXM, announced in September. The company reported a quickly growing subscription business for its paid products, Pandora Plus and Pandora Premium, which brought in $125.8 million in Q3 - a figure that's up 49 percent year-over-year. For the quarter, Pandora reported $417.6 million in total revenue for the quarter, a 16 percent year-over-year increase (excluding Australia, New Zealand and Ticketfly, and including AdsWizz).
Pandora (P) delivered earnings and revenue surprises of 40.00% and 4.48%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Oakland, California-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 6 cents per share. The results surpassed Wall Street ...
Pandora stock (NYSE:P) ended the day with a bang as the company reported its latest quarterly earnings results after hours, which were better than what analysts were calling for in their consensus estimate. Pandora stock also benefited from the company impressing on the revenue front during the period, bringing in sales of $417.6 million, ahead of the $401.29 million that analysts were calling for. The company’s subscription revenue for the period surged to $125.8 million, marking a growth of 49% compared to its year-ago quarter.
Spotify (SPOT) is in a tight race with Apple and Pandora (P) for customers in the US streaming music market. Competition is particularly hot in the pursuit of premium customers—those listeners who pay ongoing monthly fees.
When Pandora (P) agreed to be bought by Sirius XM Holdings (SIRI), it was allowed a 30-day window to go out and seek alternative acquisition proposals. In the so-called “go-shop” window, Pandora was allowed to shop itself to other potential buyers besides Sirius. With the completion of the “go-shop” process, Pandora now looks to be on track to close the Sirius deal.