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Pandora Media Inc. shares fell more than 5% Thursday after the Internet radio company reported listener hours for February that fell slightly from the prior month and said it would discontinue delivering monthly information on its listenership data.
RadioShack's The eighties calledthey want their store back Super Bowl commercial got one thing right: the retailer is trapped in a 1980s time warp. Not in terms of the store's design, experts say, but it's inventory. On Tuesday, RadioShack
President Satoru Iwata, who tripled revenue by introducing hits like the Wii console, is coming under fire from investors and analysts after the company's latest game machine flopped. Though Iwata had vowed to deliver ¥100 billion in operating profit
Nintendo is under pressure to exit the game consoles business after reporting disappointing sales of its Wii U unit, as a shift in demand by casual players slices into profit. Nintendo fell 15 per cent to 12,445 yen, the biggest intraday plunge since
Sony Corp. chose the late Lou Reed's Perfect Day as the background music in commercials for the new PlayStation 4 scheduled to go on sale in the United States on Friday. Chief Executive Officer Kazuo Hirai, who has made the video-game console the
CEO Reed Hastings is getting the last laugh, making his first post on Facebook in nearly two months. He's linking to a Herb Greenberg article from 2005 that detailed Wedbush Morgan analyst Michael Pachter's recommendation that investors short the
Twitter announced that it has set a price range for its initial public offering between $17 and $20 per share and hopes to sell 70 million shares. AFP In Summary The popular messaging platform, which could make its stock market debut in the early
With its stock price reaching new highs, and in the wake of the success of scoring three Emmy wins for its original series House of Cards, Netflix Inc...Analysts surveyed by FactSet estimate Netflix will earn 48 cents a share on $1.1 billion in
Lukewarm (Unless You're Amazon) BY Erik Sherman It's easy to want to think of Amazon as a bellwether for retail. But the giant's holiday hiring spree is not good news for independent shops. Business owners often look to bellwethers to estimate what
Nintendo's Wii, launched in 2007, sold more than 100 million units. Sales were so brisk that Nintendo didn't have to shave $50 off the price of the Wii for 34 months after its launch. The Wii U is a disastrous product that could send Nintendo from No.