Thursday, March 6, 2014

06-March-2014 Market News

Facebook A Threat To Twitter
     Twitter gained nearly 1% to close at $54.83. Janney Capital analyst Tony Wible cited new research that showed a growth in “TV-related multitasking” which he said “signals that both TV networks and social networks have some way to go to drive TV related activity that they can monetize.”  Full Article

Tengion Presents At Roth Conference
     WINSTON-SALEM, Mar 04, 2014 (GLOBE NEWSWIRE via COMTEX) -- Tengion, Inc., a leader in regenerative medicine, today announced that John L. Miclot, President and Chief Executive Officer of Tengion, will present at the upcoming 26th Annual ROTH Conference on Monday, March 10, 2014, at 12:30 p.m. PDT in Dana Point, CA.  Full Article

Less People Listening To Pandora
     SAN FRANCISCO (MarketWatch) — 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.  Full Article

GE Engergy Signs Agreement With New York Power
     SCHENECTADY, N.Y., Mar 06, 2014 (BUSINESS WIRE) --Building on a long-standing business relationship, GE Energy Consulting and the New York Power Authority (NYPA) have agreed to a one-year license arrangement allowing NYPA to use GE’s Multi-Area Production Simulation (MAPS) software. NYPA is expanding its current modeling capabilities to perform high-fidelity nodal analysis and has chosen GE’s MAPS software as the best tool to satisfy its modeling needs.  Full Article

GE States Buses Will Be In High Demand
     CHICAGO, Mar 06, 2014 (BUSINESS WIRE) --Mini buses, limo buses and coaches are expected to be in high demand by specialty vehicle buyers in 2014, according to a new survey by GE Capital, Commercial Distribution Finance (CDF). CDF is a major provider of financing for manufacturers and dealers of specialty vehicles including buses, mobility vans, emergency vehicles and more.  Full Article

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