Orlando, FL -- (SBWIRE) -- 09/19/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Pandora Media Inc (NYSE:P), Eldorado Gold Corp (USA)(NYSE:EGO).
Pandora Media Inc (NYSE:P) shares increased 1.79% to $25.64. The company on Sept. 18 announced that the federal court in the Southern District of New York has granted summary judgment in Pandora's favor in the company's rate proceeding with the American Society of Composers, Authors and Publishers (ASCAP). This judgment upholds Pandora's right to perform all compositions in the ASCAP repertory.
Additionally, the company on Sept. 11 announced that the company's Board of Directors has appointed Brian McAndrews, formerly of Madrona Venture Group, Microsoft and aQuantive, to succeed Joe Kennedy as Chief Executive Officer, President and Chairman, effective immediately. In its search for a new CEO, the Board sought a candidate who could build on Pandora's leading position in internet radio and accelerate its fast-growing advertising business.
Are investors worried about the recent updates with P? Find out with a free trend analysis HERE
Eldorado Gold Corp (USA)(NYSE:EGO) shares climbed 8.14% to $7.84. Paul N. Wright, Chief Executive Officer of Eldorado Gold Corporation, on Sept. 5 provided a progress report on Eldorado's exploration programs for the first half of 2013. To date this year, 106,500 metres of drilling have been completed at exploration programs in China, Turkey, Brazil, Romania, and Greece. Exploration highlights include: Discovery of two high grade zones of mineralization within the Qinlongtan mining license at Tanjianshan, including drillhole intercepts of 45.0m @ 9.04 g/t Au (QD-303), 22.0m @ 9.80 g/t Au (QD-306), 10.9m @ 17.53 g/t Au (QD-300) and 3.0m @ 17.06 g/t Au (QD-301).
Is EGO going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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