Hot Stocks In news: Comcast (NASDAQ:CMCSA), CBS Corporation (NYSE:CBS), The Walt Disney Company (NYSE:DIS), Sirius XM Holdings (NASDAQ:SIRI), Pandora Media (NYSE:P)

Technology Stocks News 6

Time Warner, owner of HBO and the studio behind The Lego Movie, beat the estimates of Wall Street analysts for operations in the first three months of the year, and raised its full-year guidance after getting more money than expected in re-transmission fees from Comcast Corporation (NASDAQ:CMCSA), the country’s largest cable TV operator. Comcast Corporation (NASDAQ:CMCSA) stock performance was -0.56% in last session and finished the day at $49.83. Traded volume was 15.82million shares in the last session and the average volume of the stock remained 17.70million shares. The beta of the stock remained 1.12. Comcast Corporation (NASDAQ:CMCSA) insider ownership is 0.10%.

CBS Corporation (NYSE:CBS) is seeking to regain ground it lost last season to Comcast Corp.’s NBC and 21st Century Fox’s Fox. While New York-based CBS Corporation (NYSE:CBS) is still the most-watched network, it had the largest ratings decline for younger audiences among the big four broadcast networks in the past season, with average nightly viewers falling 18 percent to about 3 million in the 18-to-49- year-old demographic, according to Nielsen data. CBS Corporation (NYSE:CBS) dropped -1.86 percent to $55.94 Wednesday on volume of 10.26million shares. The intra-day range of the stock was $55.57 to $57.41. CBS Corporation (NYSE:CBS) has a market capitalization of $32.20billion.

In Mumbai, entrepreneur Vishal Gondal has funneled some of the USD 100 million he reaped from sale of his gaming company to The Walt Disney Company (NYSE:DIS) in 2011, into a startup with an eco-system built around a fitness band called Goqii. The Walt Disney Company (NYSE:DIS)’s stock on May 14, 2014 reported a decrease of -1.41% to the closing price of $80.92. Its fifty two weeks range is $60.41 -$83.65. The total market capitalization recorded $140.14billion. The overall volume in the last trading session was 6.18million shares. In its share capital, DIS has 1.73billion outstanding shares.

Sirius XM Holdings (NASDAQ:SIRI) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 215,116,208 shares, a decrease of 7.9% from the April 15th total of 233,456,766 shares, ARN reports. Approximately 7.6% of the shares of the company are sold short. Based on an average trading volume of 57,010,482 shares, the days-to-cover ratio is currently 3.8 days. On Wednesday, shares of Sirius XM Holdings Inc (NASDAQ:SIRI) dropped -1.53% to close the day at $3.26. Company return on investment (ROI) is 9.40% and its monthly performance is recorded as 2.88%. Sirius XM Holdings Inc (NASDAQ:SIRI)quarterly revenue growth is -9.55%.

Pandora Media, Inc (NYSE:P) Director Peter Gotcher sold 45,000 shares of the company’s stock on the open market in a transaction dated Monday, May 12th. The shares were sold at an average price of $23.63, for a total transaction of $1,063,350.00. Following the transaction, the director now directly owns 20,000 shares in the company, valued at approximately $472,600.Pandora Media Inc (NYSE:P) stock performance was -0.63% in last session and finished the day at $23.62. Traded volume was 7.27million shares in the last session and the average volume of the stock remained 10.55million shares. Pandora Media Inc (NYSE:P) insider ownership is 0.90%.

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