Stocks Mixed: Pandora Media Inc, TRW Automotive Holdings Corp, ON Semiconductor Corp, Star Scientific

Dallas, TX -- (SBWIRE) -- 03/22/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Pandora Media Inc (NYSE:P) shares declined 2.85% to $13.29. The company, on Mar. 7, reported fourth-quarter net loss of $14.6 million or $0.09 per share, wider than $8.2 million $0.05 per share in the comparable quarter last year. Non-GAAP net loss for the quarter widened to $7.7 million or $0.04 per share from $4.7 million or $0.03 per share last year. Analysts expected the company to report a loss of $0.05 per share for the quarter. Revenues for the quarter rose to $125.09 million from $81.33 million in the prior year quarter, while analysts had consensus revenue estimate of $122.81 million for the quarter.

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TRW Automotive Holdings Corp.(NYSE:TRW) shares dropped 2.85% and closed at $57.25. The company is scheduled to present at the Bank of America Merrill Lynch 2013 New York Auto Summit on Wednesday, March 27, 2013. The presentation, which will be simultaneously webcast, is scheduled to begin at 9:40 a.m. (Eastern time), and is expected to run for approximately thirty five minutes. During the presentation, TRW's executive vice president and chief financial officer, Joseph S. Cantie, will provide a general business overview and discuss other related matters, followed by a brief question and answer period.

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ON Semiconductor Corp(NASDAQ:ONNN) shares fell 2.84% to $8.21. The company, on Mar. 20, has won an "Innovative Automotive Semiconductor Technology Supplier 2012" award for its NCV78663 power ballast and dual LED driver for automotive front lighting applications. The prestigious award is part of Automobil Industrie magazine's program to recognize companies that play an important role in pushing back the boundaries of automotive electronic technology, spanning semiconductor, sensor and connector solutions for the automotive industry.

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Star Scientific, Inc.(NASDAQ:STSI) shares declined 2.55% to $1.72. The company, through its wholly owned subsidiary, Rock Creek Pharmaceuticals, Inc., on Mar. 19 announced that it has received positive preliminary results from a study investigating the effects of anatabine in an animal model of idiopathic inflammatory bowel disease, Crohn's disease and ulcerative colitis. This study, performed by researchers in the Department of Medicine at the University of Virginia, assessed the effects of anatabine administration on clinical and histologic manifestations of colitis in a mouse model of colonic inflammation that has many features of a major form of human inflammatory bowel disease.

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