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New York, NY -- (SBWIRE) -- 10/23/2012 -- Pandora Media, Inc. (NYSE:P), is an Internet radio in the United States. As of 1/31/12, it had over 125 million users. The Music Genome Project and its playlist generating algorithms predict listener music preferences, play music content suited to the tastes of each individual listener and introduce listeners to music they will love. When a listener enters a single song, artist or genre to start a station, a process it calls seeding, the Pandora service generates a station that plays music it think that listener will enjoy. It generates revenue from advertising. It also offers a subscription service to listeners. Pandora is showing a rise in trend as the momentum continues to build without news released other then a upgrade to overweight from JP Morgan . Currently, the support has pushed the stock up $.59 (6.48%) bringing the intraday trade price up to $9.67 with about 1 million shares exchanged.
StanCorp Financial Group, Inc. (NYSE:SFG) today reported net income for the third quarter of 2012 of $44.9 million, or $1.01 per diluted share, compared to net income for the third quarter of 2011 of $47.0 million, or $1.05 per diluted share. After-tax net capital losses were $1.7 million for the third quarter of 2012, compared to after-tax net capital gains of $4.8 million for the third quarter of 2011.Given the news, the stock jumped +1.84 (5.49%) bringing the intraday trade price up to $35.36 with about 440,000 shares exchanged. Stick around
The McClatchy Company (NYSE:MNI) is a hybrid print and digital, news and advertising company. McClatchy offers an array of print and digital products in each of the markets it serves. The Company’s operations include 30 daily newspapers, community newspapers, Websites, mobile news and advertising, niche publications, direct marketing and direct mail services. McClatchy is showing a rise in trend as the momentum continues to build without news released other then a upgrade to Buy from neutral from Citigroup. Currently, the support has pushed the stock up $.24 (9.72%) bringing the intraday trade price up to $2.71 with about 250,000 shares exchanged.
Sprint Nextel Corporation (NYSE:S) is a holding company, with its operations primarily conducted by its subsidiaries. The Company operates in two segments: Wireless and Wireline. Sprint is a communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of individual consumers, businesses, government subscribers and resellers. Sprint is showing a small pullback as investors are securing their initial investments. Currently, the stock has lost $.02 (0.44%) bringing the intraday trade price down to $5.66 with about 15 million shares exchanged. Can Sprint revive its losses and push for an uptrend once more? Stick around.
Regions Financial Corporation (NYSE:RF) profit in the third quarter jumped 94 percent and came in line with the analysts’ predictions as provision for loan losses decreased. However, the bank’s revenue fell short of expectations.(NYSE:RF) posted earnings of $301 million or 21 cents per share for the third quarter versus $155 million or 8 cents per share during the same quarter last year. Total revenue slipped 1.9 percent to $1.34 billion as net interest income decreased from $850 million to $817 million.Currently, the stock has lost $.56 (7.91%) bringing the intraday trade price down to $6.52 with about 46 million shares exchanged. Can Regions Financial revive its losses and push for an uptrend once more? Stick around.
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