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Pandora Posts Narrower-Than-Expected 1Q Loss

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  • Description

    FBN’s Robert Gray breaks down Pandora’s first-quarter earnings results.

  • Duration 0:55
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I'm Robert Gray -- -- Fox Business -- Hewlett-Packard reported better than expected second quarter sales and profit.

The tech giant separately announced it's cutting 8% of its workforce 27000 jobs is part of a restructuring program.

HP shares have been moving higher still are on the company's full year earnings outlook which topped estimates.

Investors have been singing the praise of pandora after the bell the online music service posting a narrower than expected loss during its first quarter.

-- also better than expected.

And in a letter to shareholders Chesapeake Energy said it will strip CEO Aubrey McClendon title is chairman of the board.

This comes ahead of what may be a contagious annual meeting next week.

Media reports say McClendon has taken out more than one billion dollars in loans -- his interest in thousands of company wells as collateral.

And that is the latest from the Fox Business Network giving -- -- power to prosper.

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