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Tuesday 9 June 2015
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Late Afternoon Stocks Roundup: DISH Network Corp (NASDAQ:DISH), Time Warner Inc (NYSE:TWX), Pandora Media Inc (NYSE:P), Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)

On Monday, in the course of current trade, Shares of DISH Network Corp (NASDAQ:DISH), dropped -2.07%, and is now trading at $ 73.93.

Sling TV is launching the “Sling Latino” brand, a live and on demand, over-the-top streaming service, giving Spanish-speaking and bilingual viewers more choice in TV content. Starting today, viewers can select from two base packages, “Paquete Total” or “Paquete Esencial”, each with live and on-demand content ranging from sports and general entertainment to movies and family programming.

In addition to “Paquete Total” and “Paquete Esencial,” Sling Latino is launching with two packages featuring popular channels from Colombia and Spain (España). The variety offered by Sling Latino enables viewers to custom tailor their programming, counting the flexibility to combine Spanish-language services with Sling TV’s “Best of Live TV” English offering into one user experience.

DISH Network Corporation, through its auxiliaries, provides pay TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand. It also offers programming packages that comprise regional and specialty sports channels, premium movie channels, and Latino and international programming through national broadcast networks, local broadcast networks, and national and regional cable networks; and receiver systems.

During an Afternoon trade, Shares of Time Warner Inc (NYSE:TWX), climbed 1.28%, and is now trading at $ 85.94.

Time Warner, declared the expiration of its tender offer to purchase for cash any and all of the outstanding 5.875% Notes due 2016 (CUSIP No. 887317AC9) of Time Warner Inc. The Offer expired at 5:00 p.m., New York City time, on June 3, 2015.

As of the Expiration Time, $687,092,000 aggregate principal amount of outstanding Notes had been validly tendered and accepted. This amount comprises $610,000 aggregate principal amount of outstanding Notes tendered following the guaranteed delivery procedures described in the Offer to Purchase regarding the Offer, which remain subject to the Note holders’ performance of the delivery requirements under such procedures.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros.

Shares of Pandora Media Inc (NYSE:P), during its Monday’s current trading session fell - 4.09%, and is now trading at $ 17.63.

Pandora, the leading internet radio service, has partnered with Mumford & Sons and Glassnote Records to livestream the band’s sold out Merriweather Post Pavilion show on Wednesday, June 10 at 9 PM EST.

Pandora Media, provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, in addition to offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. As of December 31, 2014, the company had about 250 million registered users; and 81.5 million active users. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

Finally, Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), gained 0.63% Monday, hitting its highest level.

Himax Technologies, declared that the Company will attend the Nomura Driver IC Corporate Day, which will be held on June 16, 2015.

The event will be held at Nomura’s Taipei office and will comprise three presenting companies with over 50 institutional investors participating from Taiwan, Hong Kong and Singapore. Participation is by invitation only and registration is mandatory.

Himax Technologies, a fabless semiconductor company, provides display imaging processing technologies to consumer electronics worldwide. The company operates through Driver IC and Non-Driver Products segments.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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