Second Sight’s 30% Jump Boosts Several Peers

Shares of Second Sight Medical Products Inc EYES 15.11% surged more than 30 percent on Wednesday after the company announced successful implants of its Argus II Retinal Prosthesis System in France. Argus II is the first approved retinal prosthesis system in the world. The system works to restore sight to patients who have lost their…

Pandora Defends Its Royalty Payments In 10 Points

In the latest twist in the “Webcasting IV” rate-setting procedure, Pandora Media Inc P 1.62% filed a 200-page rebuttal to the Copyright Royalty Board (CRB). Pandora argued that SoundExchange’s plea for higher royalty rates does not apply to streaming internet radio. In a report on the rebuttal, analysts at SunTrust outlined 10 key takeaways from…