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Stock Market & Financial Investment News

News Breaks
August 20, 2014
08:42 EDTATVIActivision Blizzard price target raised to $30 from $24 at Argus
Argus increased its price target on Activision Blizzard after the company reported stronger than expected Q2 results and raised its guidance. The firm thinks the company is poised to release strong games in 2H14, and it keeps a Buy rating on the shares.
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September 25, 2014
17:45 EDTATVIPatent claims against Activision Blizzard use of lip synchronization dismissed
Activision Blizzard announced that the United States District Court, Central District of California has invalidated all patent claims asserted against the company by McRO, Inc. d.b.a. Planet Blue. The Court concluded that two patents for automatically animating lip synchronization and facial expressions of 3D characters were invalid, and as a result, the case against Activision Blizzard has been dismissed. The Courtís decision to invalidate the patents follows precedent set by the Supreme Courtís recent ruling in Alice Corp., confirming that abstract ideas are not patentable.
September 23, 2014
13:19 EDTATVIBlizzard cancels development of Titan, Polygon reports
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September 22, 2014
10:01 EDTATVIActivision Blizzard moves to dismiss 'frivolous' lawsuit by Manuel Noriega
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