It was the end of an era of sorts for Pandora Media Inc. (NYSE:P) on Wednesday, as the Internet radio leader released its final monthly update on its audience listenership. For May, Pandora said its had 1.73 billion listener hours, a 28% increase from a year ago, and a slight gain from the 1.7 billion hours Pandora reported for April. Pandora’s share of the U.S. radio market during May was 9.3%, up from 7.29% in May 2013, and basically in line with April’s 9.28% market share. Pandora Media Inc (NYSE:P) net profit margin is -9.80% and weekly performance is -3.04%. On last trading day company shares ended up $24.52. Analysts mean target price for the company is $34.44. Pandora Media Inc (NYSE:P) distance from 50-day simple moving average (SMA50) is -6.46%.
DryShips Inc. (NASDAQ:DRYS) a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc. (“Ocean Rig”), of offshore deepwater drilling services, announced that Ocean Rig has signed a drilling contract for one of its semi-submersible drilling rigs, the Eirik Raude. DryShips Inc. (NASDAQ:DRYS) shares advanced 6.90% in last trading session and ended the day on $3.10. Gross Margin is 53.90% and its return on assets is -1.40%. DryShips Inc. (NASDAQ:DRYS) quarterly performance is -25.12%.
MGM Resorts International (NYSE:MGM)‘s stock had its “outperform” rating reiterated by stock analysts at Credit Suisse in a report issued on Wednesday. They currently have a $33.00 price target on the stock, up from their previous price target of $30.00. Credit Suisse’s price target would suggest a potential upside of 30.02% from the stock’s previous close. MGM Resorts International (NYSE:MGM) shares moved up 1.22% in last trading session and was closed at $25.69, while trading in range of $24.90 – $25.73. MGM Resorts International (NYSE:MGM) year to date (YTD) performance is 9.23%.
eBay Enterprise, an eBay Inc. (NASDAQ:EBAY), announced global momentum after securing 451 clients and 862 extension and renewals in the first half of 2014 across the company’s diverse mix of retail-optimized commerce technologies, marketing solutions, order management, fulfillment and customer service. eBay Inc (NASDAQ:EBAY) ended the last trading day at $50.45 . Company weekly volatility is calculated as 1.56% and price to cash ratio as 8.17. eBay Inc (NASDAQ:EBAY) showed a positive weekly performance of 0.12%.
In front of a crowd of thousands of cheering associates at its annual Shareholders events, Wal-Mart Stores, Inc. (NYSE:WMT) announced plans to rollout Savings Catcher nationwide later this summer. The receipt comparison tool gives the retailer’s customers added confidence when they shop by eliminating the need to visit multiple stores to find low prices. Wal-Mart Stores, Inc. (NYSE:WMT) net profit margin is 4.10% and weekly performance is 2.12%. On last trading day company shares ended up $77.13. Analysts mean target price for the company is $81.00. Wal-Mart Stores, Inc. (NYSE:WMT) distance from 50-day simple moving average (SMA50) is 0.01%.