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Struggling Pandora Shares Rise After Q2 Earnings Beat
Monday, July 31, 2017 - 4:26pm | 200Pandora Media Inc (NYSE: P) received a boost following a second-quarter earnings beat. The struggling Internet radio pioneer delivered Q2 adjusted loss of 21 cents per share, beating estimates by 3 cents. Sales came in at $376.834 million, ahead of estimates by $7.564 million. Pandora subscriptions...
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Pandora CEO To Step Down
Tuesday, June 27, 2017 - 9:32am | 346Pandora Media Inc (NYSE: P) stock popped briefly following a Tuesday morning halt after the company announced the departure of CEO Tim Westergren. Westergren will also step down from the board of directors, and CFO Naveen Chopra will serve as interim CEO, according to a press release. “Tim...
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Rovi Announces Acquisition Of TiVo To Create A '$3 Billion Entertainment Technology Leader'
Friday, April 29, 2016 - 8:17am | 430Rovi Corporation (NASDAQ: ROVI) announced Friday it has entered into an agreement to fully acquire TiVo Inc. (NASDAQ: TIVO) in a transaction that values the company at $1.1 billion, or $10.70 per share. The offer represents a premium of approximately 40 percent of TiVo's closing price of $7...