Online music firm sings a sweet song

Pandora Media Inc., the online music company that went public in June, surged after it reported second-quarter sales and profit. Profit excluding some items was 2 cents a share, topping analyst projections for a breakeven quarter. Sales more than doubled to $67 million, the company said in a statement, exceeding the $61.2 million average forecast. For the year, Pandora anticipates $270 million to $275 million in sales.