InfoAnda - Pandora shares plunge on fears of Apple service |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Libya government accepts Chavez mediation plan: Venezuela | | 4 March 2011
Chris Brown says never stopped loving Rihanna | 1 September 2009
Neil Young named MusiCares person of the year | 12 August 2009

U.S.: time not right for Google executive's North Korea trip | | 4 January 2013

Forum Views () Forum Replies ()

Read more with google mobile : Pandora shares plunge on fears of Apple service |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Grim jobs market confronts Obama, Fed 12:11pm EDT Family feud in focus as French seek clues to Alps slaying 11:41am EDT Simon Cowell lashes out over "Voice," "X Factor" showdown 06 Sep 2012 Obama convention glow dimmed by grim jobs data | 12:11pm EDT U.S. congressman confirms high-level U.S.-Israel spat over Iran 3:33am EDT Discussed 82 Democrats attack Romney, defend Obama at convention 81 Obama, Democrats to make their case as convention opens 78 At Jackson Hole, a growing fear for Fed’s independence Sponsored Links Pandora shares plunge on fears of Apple service Tweet Share this Email Print Related News Amazon takes on Apple with larger, cheaper Kindle Fires Thu, Sep 6 2012 REFILE-UPDATE 1-Samsung challenge: sold the phone, how to keep the customer Thu, Sep 6 2012 New Windows phones from Nokia disappoint investors Wed, Sep 5 2012 Amazon and Epix strike movie deal; Netflix shares drop Tue, Sep 4 2012 Wall Street retreats on eve of Bernanke speech Thu, Aug 30 2012 Analysis & Opinion Apple and the burden of being a behemoth Related Topics Tech » Hot Stocks » Asian Markets » Media » Fri Sep 7, 2012 10:07am EDT (Reuters) - Shares of Pandora Media Inc tumbled more than 17 percent on Friday as investors feared that Apple Inc would start a competing streaming radio service. Apple is in talks with record labels to license music for a service that would play songs based on a similar genre or artist, according to a report in the Wall Street Journal, which cited sources close to the matter. Apple already has a stronghold in music through its iTunes store. "They are the biggest threat out there," said Capstone Investments analyst Rory Maher. Pandora is a popular online streaming music service that makes most of its money through advertising. But there are host of competitors, including Clear Channel, Sirius XM Radio and Spotify. Apple initiated talks for licenses with record companies only recently, and it could be months before an ad-supported service is launched, the Journal said. Representatives from Apple and Pandora did not immediately respond to emailed requests for comment. "Apple service reports are likely to negatively impact Pandora shares for the foreseeable future," Wedbush analyst Michael Pachter wrote in a note to investors. Pandora shares were down 17.1 percent at $10.42 in morning trading. At Thursday's close, the stock had gained 15 percent over the past three months. Last week, Pandora reported stronger-than expected quarterly results on higher advertising revenue as more people listened to music on their mobile devices, and the company raised its full-year revenue outlook. (Reporting by Jennifer Saba and Phil Wahba in New York; Editing by John Wallace and Lisa Von Ahn) Tech Hot Stocks Asian Markets Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 7 September 2012
Insight: Taking on the toga-wearing bandits in Brazil's courts |
Palestinian PM says willing to resign over economic protests |
Hong Kong goes to polls with many fuming over China influence |
Unrest threatens Bangladesh's key garment export |
Ex-U.S. soldier pleads guilty to smuggling guns to China |
Girl hid under bodies after French Alps shootings |
France 'millionaire' tax to be watered down: report |
Amazon unwraps larger Kindle Fire, takes on Apple |
Nvidia's miss in Kindle Fire surprises some investors |
Plan in place for struggling Infosys, but no quick returns |
Audience says Apple may drop its technology from iPhones, shares slump |
China's Huawei negotiating conditions to join U.S. hearing |
Green Day on for MTV awards after dehydration scare |
Looper, Kristen Stewart in focus as Toronto opens |
Greek tax man targets business, Chili Peppers concert |
Buy James Bond's car, clothes, watch at golden sale |
U.S. congressman confirms high-level U.S.-Israel spat over Iran |
Exclusive: China president-in-waiting signals quicker reform
U.S. cargo ship captain arrested, vessel detained in Venezuela |
Moldova rebel region marks independence with Soviet ritual |
U.S. to blacklist Haqqani network: New York Times |
Christian girl granted bail in Pakistan Islam defamation case |
Japan to boost isle defense capability despite cuts |
Eleven killed in fresh violence over land in Kenya |
Merkel braves Bavaria beer tent to pitch euro message |
Intel to showcase new chips as investors eye stagnant PC sales |
Apple cuts memory chip order to Samsung for new iPhone: source |
Amazon takes on Apple with larger, cheaper Kindle Fires |
Audience Inc says Apple unlikely to use its tech in new iPhones |
HTC eyes sales boost for Windows phones |
Staples to carry new Kindle Fire models as early as this month |
Judge approves U.S. settlement with publishers over e-books |
Actress Kristen Stewart steals limelight as Toronto film fest opens |
UK boy band One Direction big winner at MTV video awards |
Simon Cowell lashes out over Voice, X Factor showdown |
Actors Amy Poehler, Will Arnett separating |
Ben & Jerry's wins order blocking porn copycat DVDs |
Bombardment, blasts rock Syrian capital |
Iraq blasts target Shi'ite mosques, kill eight |
Family feud in focus as French seek clues to Alps slaying |
South African police shot fleeing miners, witness says |
Portugal PM to address nation; more austerity seen |
Hong Kong to vote amid discontent over China influence |
Quakes in southwest China kill dozens, damage 20,000 homes |
Nigeria police protect phone masts after attacks |
Patience and dodgy deals needed to cash in Sudan bourse gains |
Nokia to start selling make-or-break smartphone in November |
Pandora shares plunge on fears of Apple service |
Exclusive: Insiders suspected in Saudi cyber attack |
Best Buy starts pre-sale of new Kindle devices |
Venice film festival rounds off with steamy Passion |
Britain's Proms singing its way to happy finale |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01