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Pandora Media Inc. (NASDAQ: P) shares rallied on Friday after the Internet radio company, following closing bell on Thursday, reported narrow-than-expected loss in the fiscal fourth quarter and revenue which beat analysts’ consensus estimate. The Company also provided upbeat guidance on the fiscal first quarter. Separately, Company’s Chief Executive, President and Chairman, Joseph Kennedy said [...]
Shares of Pandora Media Inc. (NYSE: P) rallied over 15% on Friday after the Internet radio company late last evening reported lower-than-expected fiscal fourth-quarter loss and provided upbeat outlook on the current quarter, thanks to its growing traction. The Company said that it commands nearly 8% of total radio listening.
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Telecommunications-equipments and solutions provider, Finisar Corporation (NASDAQ: FNSR) reported late last evening that it swung into a loss in its fiscal third quarter bottom line felt the pinch due to dip in revenue and higher expenses.
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Shares of Titan Energy Worldwide Inc. (PINK: TEWI), a company engaged in the management and sale of power generation equipment and energy management solutions to industrial, commercial, and institutional customers globally, have skyrocketed in trading today.
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Shares of Ultra Petroleum Corp. (NYSE: UPL), an independent oil and gas company, are rallying in trading today. At last check, UPL shares were trading 8.42% higher at $18.41 on above average volume of 4.99 million. The stock hit an intra-day high of $18.44 earlier today. UPL shares have gained more than 13% in the [...]
Shares of Ciena Corporation (NASDAQ: CIEN), a provider of communications networking equipment, software and services that support the transport, switching, aggregation and management of voice, video and data traffic, have surged in trading today after the company reported its financial results for the first quarter ended January 31, 2013.
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Shares of Navistar International Corp. (NYSE: NAV), a manufacturer of International brand commercial and military trucks, are seeing a huge rally in trading today after the company reported its financial results for the first quarter of fiscal 2013.
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Shares of Hot Topic (NASDAQ: HOTT) skyrocketed 30% after the teen retailer said it has agreed to be taken private by private-equity firm Sycamore Partners in a deal estimated at $600 million in cash, which represents about30% premium over Wednesday’s closing price of the stock.
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World’s largest pork producer, Smithfield Foods Inc. (NYSE: SFD) reported on Thursday that fiscal third-quarter income rose 3% as bottom line was boosted by strong sale growth in its packaged foods business.
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Equity markets are continuing to have an excellent run in 2013. Year-to-date, the S&P 500 has gained 6.45% and crossed the psychological 1,500 mark.
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