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Stock Market & Financial Investment News

News Breaks
August 17, 2014
20:39 EDTRMBS, VRNG, TSRA, IDCC, ACTGPatent overhaul efforts seem to have stalled before November election, WSJ says
Legal experts say that it is unlikely that a full Congress will revisit the issue of patent reform before the election in November, says the Wall Street Journal. Large technology companies like Google (GOOG) and Microsoft (MSFT) are pushing Congress to reform patent laws to curb litigation from patent-holding firms, added the Wall Street Journal. Publicly traded companies in the space include Acacia Research (ACTG), Tessera (TSRA), Rambus (RMBS) InterDigital (IDCC) and Vringo (VRNG). Reference Link
News For ACTG;TSRA;RMBS;IDCC;VRNG From The Last 14 Days
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May 19, 2015
11:50 EDTVRNGVringo says ZTE violated Brazilian court injunction
Vringoannounced that court-appointed experts in Brazil have issued a report stating that ZTE violated a Brazilian court injunction. Vringo received a preliminary injunction against ZTE on April 15, 2014, prohibiting ZTE from manufacturing, using, offering for sale, selling, installing, testing, or importing any 3G, 4G, or LTE infrastructure equipment in Brazil. The Federal and State Courts of Rio de Janeiro have, six times, denied ZTE's appeal of this injunction. Based on evidence of a potential violation of the injunction, the State Court of Rio de Janeiro appointed experts to investigate ZTE's activities in Brazil. Vringo now plans to file a motion for contempt with the Court requesting that punitive measures be taken against ZTE for its violation of the injunction.
May 18, 2015
09:12 EDTVRNGVringo announces favorable ruling by Brazilian court
Vringo announced that the Brazilian Federal Court in Rio de Janeiro has denied ZTE's motion for a preliminary injunction against Vringo Infrastructure. Vringo received a preliminary injunction against ZTE on April 15, 2014. Since that time, ZTE has sought to overturn the injunction by filing numerous appeals. ZTE's most recent attempt to overturn the injunction was a lawsuit filed by ZTE's Brazilian subsidiary. In that lawsuit, ZTE requested a preliminary injunction against Vringo, seeking the Brazilian court impose a royalty rate for a temporary license between the parties. The Court denied ZTE's request for preliminary injunction based solely on the evidence presented in ZTE's own filing. Among other points, the Court found that there was no evidence that ZTE was willing to effectively negotiate a license prior to Vringo's filing an infringement lawsuit against ZTE in the Rio de Janeiro State Court. Following this ruling, the preliminary injunction against ZTE remains in place.
May 14, 2015
12:03 EDTVRNGVringo seeks Supreme Court review of reversal of judgment against Google
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07:43 EDTIDCCB. Riley to hold a conference
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05:41 EDTIDCCInterDigital Europe and partners chosen by EC to conduct 5G research project
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May 13, 2015
07:05 EDTTSRATessera maintains Q2 EPS, revenue guidance
Also maintains 2015 recurring revenue guidance.
07:04 EDTTSRATessera files breach of contract case against Toshiba
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May 12, 2015
11:43 EDTVRNGIroquois Capital reports 9.99% passive stake in Vringo
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10:32 EDTACTGAcacia Research enters settlement, license agreement with AT&T Mobility
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10:27 EDTIDCCAppeals court upholds InterDigital loss in patent fight with Microsoft, ZTE
The U.S. Court of Appeals for the Federal Circuit affirmed the final determination of the International Trade Commission finding no violation of Section 337 of the Tariff Act was committed by Microsoft (MSFT) and ZTE related to patents held by InterDigital (IDCC). The patents at issue in the case are directed to cellphone technology, and in particular, code division multiple access networks, according to the appeals court ruling.
May 11, 2015
16:55 EDTIDCCInterDigital sees Q2 revenue $89M-$91M, consensus $92.97M

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