Author Archives: Scalper1

Pandora Licensing Deals Keep Coming; Lady Gaga Aboard

Internet music streaming leader Pandora Media (P) announced it has reached multiyear licensing deals with ASCAP and BMI, two major trade groups that between them own the music publishing rights to 20 million songs. As part of the deal announced Tuesday, Oakland-based Pandora is also dropping its appeal of a ruling made in May by a New York rate court regarding a dispute with BMI. Although terms are undisclosed, Pandora says the agreements

Stock Market News for December 22, 2015

Benchmarks recovered from a sharp selloff last week to end in the green on Monday, led by gains in technology and hospital stocks. While gains in Apple and Microsoft boosted the technology sector, hospital stocks gained as more Americans

With Apple Out Of Picture, Comcast Top Pick In 2016

Comcast (CMCSA) has a good chance to add net video subscribers in 2016 for the first time since 2006, especially with Apple (AAPL) out of the Web TV picture, says a bullish Morgan Stanley research report. Benjamin Swinburne, a Morgan Stanley analyst, calls Comcast his top large-cap telecom pick for 2016. He set a price target of 70 on Comcast stock. A threat from Apple has subsided, says the Morgan Stanley analyst, while the superfast broadband