June 3 - Apple's reported entry into the internet radio business sinks Pandora while Intel jumps on a mobile deal.
Exactly but apparently things for pandora. Apple's reportedly close to moving in ninth turf. Latest story coming from the New York Times which says Apple's trying to complete licensing deals -- Internet radio service by next week. That's -- its annual developers conference takes place. Paper says Apple's -- to deal with Warner Music Group over the weekend as in talks with Sony and others. Google also recently announced -- news service of its own. And -- years he had -- song it's down 11% of the fifteen dollar range one dollar below what they went public about two years ago. Apple shares down 1% a bit more than overall market. Apple also dealing with share sales from its largest active stockholder will jam off who runs that fidelity Contra fund. Cut his stake another 9% in April. He reduces films -- -- percent in the first quarter all we have Vanguard Group index fund owns more shears. -- canter FitzGerald or impressed with Google they upped their price target on the stock to 1030. Dollars from 900. They see the company's new enhanced campaigns for advertisers boosting revenue. These allow marketers to target consumers with ads based on location and device type in a single campaign vs multiple campaigns. Kantor also sees YouTube monetization on -- care as about 60% of videos -- Kerry and add up from 7% a year ago. Shares down more than 1% today near 860. Intel's now up inside Samsung. -- synonymous with PCs makes a major inroad into android with its mobile chips. Sampson is using Intel's processors fortunate eight in ten inch tablets and it revealed today. Samsung had been using chips from arm holdings sport's top mobile devices. Intel dominates -- industry but -- been behind in the fast growing mobile chip market. FBR capital markets operate in -- outperform from market perform hiking its price target five bucks at 28 dollars. It's analysts say -- enough growth businesses to replace lost sales -- PCs. Now in another area were Intel competes with arm that is micro servers. FBR says Intel will only give up campers on the market arm like when he eighteen and it until more than make up for that with growth and overall servers. Intel stock is rising more than three and a half percent trading north of 25 dollars. Now trying to hold in talent -- arm showed up new technologies that it's -- -- blues performance of its processors. But investors weren't impressed. Arms stop shedding more than two and a half percent -- under 43 dollars. Soaring inspiring times are look at -- first stories and -- this. I can firm's founder and former chairman has returned to service executive chairman for five years the companies grapple with disappointing results -- loss of market share. Shares up 4% today. Sputtering is -- -- it's the posting their opening partner with faith that -- search something annals of called a serious threat to yell. Shares down more than 5% today. And that's kept putting this Monday recovery and also on Twitter RT -- kept with. I'm Fred Katayama this is going.