Pandora Media Inc (NYSE:P)’s shares gained 1.47% to $25.58. The company on June 4 announced new metrics that were reached in the month of May 2014: Listener hours for Pandora during the month of May 2014 were 1.73 billion, an increase of 28% from 1.35 billion during the same period last year; Share of total U.S. radio listening for Pandora in May 2014 was 9.13%, an increase from 7.29% at the same time last year; Active listeners were 77.0 million at the end of May 2014, an increase of 9% from 70.8 million during the same time period last year.
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RF Micro Devices, Inc. (NASDAQ:RFMD)’s stock declined 0.52% to $9.60. The company announced that Company executives presented at two upcoming investor conferences: Stephens Spring Investment Conference on June 3, 2014 in New York, NY, at 11:00 a.m. Eastern Time; Bank of America Merrill Lynch 2014 Global Technology Conference, June 4, 2014 in San Francisco, CA at 10:45 a.m. Pacific Time (1:45 pm Eastern Time).
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Additionally, the company on Apr. 29 reported financial results for the Company’s fiscal 2014 fourth quarter, ended March 29, 2014. March quarterly revenue was $256.0 million. On a GAAP basis, quarterly gross margin was 38.8%, quarterly operating loss was $0.7 million, and quarterly net loss was $1.0 million, or $(0.00) per share.
Huntsman Corporation (NYSE:HUN)’s shares jumped 4.13% and closed at $28.72 in the last trading session. The company on May 28 announced that it has priced a €145.0 million in aggregate principal amount offering of additional 5.125% senior notes due 2021 through its wholly owned subsidiary, Huntsman International LLC (the “Issuer”). The offering was increased from a previously announced size of €100.0 million in aggregate principal amount of Notes. The Notes are being offered as additional notes under the indenture, dated as of December 23, 2013, among the Issuer, the guarantors party thereto, Wilmington Trust, National Association, as trustee, and Citibank, N.A., London Branch, as paying agent, transfer agent, registrar and authenticating agent, pursuant to which the Issuer issued €300.0 million in aggregate principal amount of its 5.125% Senior Notes due 2021 on December 23, 2013 (the “Initial Notes”).
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