Shares of General Motors Company (NYSE:GM), inclined 2.55% to $33.04, during its last trading session. In the last trading session, the stock moved on low volume, trading at a volume of 15.76 M as compared to its average daily volume of 17.62 million shares.
The stock, as of recent close, has shown weekly upbeat performance of 10.09% which was maintained at 11.97% in 1-month period.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide.
On Wednesday, Shares of Pandora Media Inc (NYSE:P), lost -4.55% to $20.98. The stock attained the volume of 9.65 million shares.
Pandora (NYSE:P), declared it has reached a contract to acquire Ticketfly, Inc., a leading live events technology company, to create the definitive music platform for connecting fans, artists and event promoters. The move is the latest step toward achieving Pandora’s mission to assist artists find their audience and assist listeners find the music they love—whether it’s coming through their earbuds or live on stage. Ticketfly provides ticketing and marketing software for about 1,200 leading venues and event promoters across North America and makes it easy for fans to find and purchase tickets to events.
The transaction is valued at about $450 million, subject to certain purchase price adjustments, with a nearly equal balance of cash and stock.
The combination of Pandora and Ticketfly will solve the longstanding problem of event discovery by seamlessly connecting Pandora’s nearly 80 million monthly active music fans to events they’ll love. This will enable artists and promoters to sell out more shows and will strengthen the bond between artists and their fans. The companies will also harness the power of their combined data to create new tools for music makers to enhance their revenue and improve recommendations for fans to enhance their overall music experience.
Pandora Media, Inc. 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.
Shares of Southwest Airlines Co (NYSE:LUV), inclined 1.84% to $38.70, during its last trading session. In the last trading session, the stock moved on high volume, trading at a volume of 7.29 M as compared to its average daily volume of 7.23 million shares.
Southwest Airlines Co. (LUV) stated its September, third quarter, and year-to-date preliminary traffic statistics. The Company flew 9.2 billion revenue passenger miles (RPMs) in September 2015, an 11.4 percent enhance from the 8.3 billion RPMs flown in September 2014. Accessible seat miles (ASMs) raised 8.4 percent to 11.1 billion in September 2015, contrast with the September 2014 level of 10.3 billion. The September 2015 load factor was a record for the month of September at 82.7 percent, contrast with 80.5 percent in September 2014.
For the third quarter of 2015, the Company flew 31.1 billion RPMs, contrast with 28.5 billion RPMs flown for the same period in 2014, an enhance of 8.9 percent. Third quarter 2015 ASMs raised 7.6 percent to a level of 36.4 billion, contrast with third quarter 2014 ASMs of 33.8 billion. The third quarter 2015 load factor was a quarterly record at 85.4 percent, contrast with 84.4 percent for the same period in 2014. The Company continues to expect its third quarter 2015 operating revenue per ASM (RASM) to decrease about 1.0 percent, contrast with third quarter 2014.
For the first nine months of 2015, the Company flew 87.8 billion RPMs, contrast with 81.3 billion RPMs flown for the same period in 2014, an enhance of 8.0 percent. Year-to-date 2015 ASMs raised 6.9 percent to a level of 105.1 billion, contrast with 98.4 billion for the same period in 2014. The year-to-date 2015 load factor was 83.5 percent, contrast with 82.6 percent for the same period in 2014.
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
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