Apple's (AAPL) Cook Said to Meet with Beats Over Streaming-Music Service
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Apple's (AAPL) Initial Offers for Content are 'Way Too Cheap', Labels Say
March 7, 2013 8:42 AM ESTAccording to the NY Post on Thursday, Apple (Nasdaq: AAPL) has reportedly opened-up discussions with record labels over getting rights for a potential music-streaming service. Apple isn't getting very far, however, given that it's offers are coming in "way too cheap."
The Post cites sources... More
Investors Now Willing to Risk More with Google (GOOG) Versus Apple (AAPL)
March 6, 2013 11:24 AM ESTGaps can generally be a good thing. You'd want your hometown sports team to win by a wide gap. A large gap between yourself and evil doers is generally more favorable.
However, sometimes a smaller gap is wanted. For example, the share price-to-profit gap between Apple (Nasdaq: AAPL) and rival Google (Nasdaq: GOOG) is at its widest point since June 2005, according to Bloomberg-compiled data. Not good if you're an Apple investor.
Google is going for 25 times profit, while Apple is at just 10 times,... More
Pandora (P) Announces Integration with Three Popular Media-Buying Platforms
March 5, 2013 8:36 AM ESTPandora (NYSE: P) announced that its audience data will appear in the three most popular media buying platforms, including STRATA and Mediaocean's Donovan and Mediabank stewardship systems. Radio buyers will be able to compare Pandora's audience data side-by-side with broadcast radio stations across the country.
With more than $14 billion spent on U.S. spot radio advertising annually according to the RAB, advertisers will have a more complete representation of the radio industry that includes both broadcast and internet radio. STRATA and Mediaocean will import Triton Digital's Webcast Metrics Local (WCML) data into... More
Pandora (P) Looks to Cap Mobile Device 'Super Users'...Unless They Pay Up
February 28, 2013 8:45 AM ESTMillions of people enjoy the streaming radio service Pandora (NYSE: P) provides, particularly on their mobile devices. Most listen to about 20 hours per month, but there are a few which exceed that limit.
However, Pandora is planning to cap the amount of streaming... More