Business

The music may be over for Pandora's CEO

The music may be over for Pandora's CEO

Westergren, who returned as CEO in early 2016, plans to leave the company once a replacement is found, Recode reported , citing people familiar with the company's plans. Despite decent sales growth, Pandora has continued to lose money and may need more cash. And the streaming music showdown is expected to heat up further now that Spotify is rumored to be looking at going public on the New York Stock Exchange.



JD Wetherspoon plc (JDW) Insider Ben Whitley Purchases 15 Shares

Blackrock holds 0% of its portfolio in Smith & Nephew plc (LON:SN) for 25,022 shares. Washington Trust National Bank holds 30 shares. Piedmont Investment Ltd invested in 1,470 shares. Liontrust Asset Management PLC had 49 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has "Buy" rating by Bank of America on Friday, November 6.



Uber's Travis Kalanick forced out by investors — BUSINESS REPORT

In a statement, Kalanick said his resignation would help Uber go back to building "rather than be distracted with another fight ", an apparent reference to efforts on the board to remove him. June 8 - Recode publishes an embarrassing leaked email from 2013 , in which Kalanick weighed in on everything from workers having sex with fellow employees, to puking, while on a business trip to Miami.



Takata files for bankruptcy protection in Japan

June 26, 2017: Takata files for bankruptcy protection in Tokyo and the U.S. "Although Takata has been impacted by the global airbag recall, the underlying strength of its skilled employee base, geographic reach, and exceptional steering wheels, seatbelts, and other safety products have not diminished,"said KSS chief executive Jason Luo".


Stock in the Limelight: The Hain Celestial Group, Inc. (HAIN)

Stock in the Limelight: The Hain Celestial Group, Inc. (HAIN)

Susquehanna Bancshares Inc reiterated a "positive" rating and issued a $44.00 price target (up from $42.00) on shares of The Hain Celestial Group in a research report on Friday. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, "The Little Book that Beats the Market". Kerrisdale Advisers Llc holds 6.17% of its portfolio in Hain Celestial Group Inc for 160,304 shares.



Ex-Div Reminder for Cypress Semiconductor (CY)

Cypress Semiconductor Corporation manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. In other news, Director Gilles Delfassy sold 4,500 shares of the company's stock in a transaction on Friday, June 9th.