Steven Cortes, Founder, Veracruz TJM, and Abigail Doolittle, The Seaport Group, discuss whether Pandora has an Apple problem or the stock's a buy.» Read More
*Groupon jumps after Deutsche Bank raises rating. NEW YORK, June 14- Wall Street was set to open little changed on Friday, though stocks looked likely to rack up a loss for the week, as investors were kept on their heels by uncertainty over how soon central banks will rein in their stimulus programs.
NEW YORK, June 14- U.S. stock index futures dipped on Friday, with Wall Street set to rack up a loss for the week, during which trading has been driven by investors' concerns that central bank stimulus programs will be reined in earlier than expected.
June 14- Broadcast Music Inc, a songwriters' rights organization, is suing Pandora Media after the Internet radio company rejected a request to pay a higher license fee for playing songs across various devices, including mobile phones. On Tuesday, Pandora said it agreed to purchase KXMZ-FM, a Rapid City, South Dakota- area radio station.
Blaming Tim Cook for Apple's lack of pep is, at best, narrow and likely, misguided, Herb Greenberg writes. Steve Jobs may have been better with execution, but he was also human.
The Great Rotation may not consist of a mass rush out of bonds, but wait until investors see their quarterly statements.
With Pandora and fears of rivalry from Apple's streaming radio service, it was a case of sell the rumor and buy the news.
Stocks closed narrowly mixed in choppy trading Monday, as investors seemed to take a breather following last week's sharp rally and amid worries over when the Fed might scale back its stimulus program.
SAN FRANCISCO, June 10- Apple Inc on Monday unveiled iTunes Radio, a free music streaming service that is a key part of overhauled mobile software that the company called the most revolutionary re-design of its operating system since the iPhone was introduced in 2007..
The company announced the new service on Monday at its World Wide Developers' Conference (WWDC 2013) along with its new mobile and desktop operating systems.
Apple is expected to roll out an overhaul of its mobile and desktop operating systems at its World Wide Developer's Conference (WWDC 2013) on Monday.
Pandora Media Inc.' s shares sank Monday on the anticipation that Apple Inc. will unveil a competing music streaming service. THE SPARK: Apple is expected to reveal a digital radio service Monday at the opening of its annual conference for software developers.
Apple's cutting-edge product development has lacked in recent quarters, and Jim Cramer said that one company outside the tech sector is putting the one-time leader to shame.
U.S. stocks popped on word that Standard & Poor's affirmed the United States' debt ratings, revising its outlook to "stable" from "negative" on receding credit risks.
Apple is expected to reveal a digital radio service and changes to the software behind iPhones and iPads on Monday as the company opens its annual conference.
The stock market pullback could create an opportunity to boost exposure to cyclicals. Here are some of the tech stocks Wall Street analysts have been buzzing about.
Despite speculation that Apple next week will announce a music-streaming service, the iPhone maker might have something else up its sleeve.
SAN FRANCISCO, June 5- Apple Inc is gearing up to sell audio ads on a music-streaming service it intends to unveil at its developers conference next week, according to people familiar with the plan, going up against Google Inc and Pandora Media Inc in the increasingly competitive market for mobile tunes.
Pandora's stock continued its freefall Tuesday following reports that Apple is planning to launch a rival music streaming service.
Some of the names on the move ahead of the open.
Stocks added to their gains in the final minutes of trading to close near session highs Monday, with the Nasdaq reversing its losses and all key S&P sectors in positive territory.