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Wall Street Reacts To Pandora's Federal Rate Court Loss
Monday, May 18, 2015 - 11:16am | 389Shares of Pandora Media Inc (NYSE: P) continued trading in negative territory Monday morning after a Federal rate court Judge Louis L. Stanton ruled that the company should increase its publishing royalty rate to BMI from 1.75 percent of revenue of 2.5 percent. JMP Securities: Unfavorable...