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News Breaks
September 27, 2012
07:26 EDTTBIO, WYY, VTSS, EGHT, CAMP, UPI, VRNG, ACLS, SPSC, CYBECraig-Hallum to host a conference
3rd Annual Alpha Select Conference is being held in New York on September 27.
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May 21, 2015
09:56 EDTEGHT8x8, Inc. rises, potential bullish pattern
Shares are up over 5.7% to $9.03 at time of writing following earnings from the company last night after the close. There is a potential, irregularly-shaped, bullish inverted, head and shoulders pattern that will be active above $9.30, which is the session high. The upside potential over time would be to the $12 area. Support is at $8.91.
May 20, 2015
16:15 EDTEGHT8x8, Inc. sees FY16 revenue $193M-$197M, consensus $193.84M
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16:13 EDTEGHT8x8, Inc. reports Q4 EPS 5c, consensus 4c
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15:00 EDTEGHTNotable companies reporting after market close
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09:14 EDTSPSCJefferies software analysts hold an analyst/industry conference call
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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.
07:22 EDTACLSAxcelis price target raised to $4 from $3 at Stifel
Stifel raised its price target on Axcelis as it believes that the company's new Purion products have improved its competitive position, expects positive memory spending trends to continue through 2H15, predicts the company will benefit from an acceleration in spending on mature node, logic, and believes that Axcelis' gross margin can beat expectations. The firm keeps a Buy rating on the shares.
May 15, 2015
17:13 EDTACLSVertex lowers stake in Axcelis to 5.6% from 6.6%
May 14, 2015
16:10 EDTTBIOTransgenomic reports Q1 EPS (36c), one estimate (52c)
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12:03 EDTVRNGVringo seeks Supreme Court review of reversal of judgment against Google
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07:43 EDTACLSB. Riley to hold a conference
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May 13, 2015
07:10 EDTCAMP, WYYB. Riley to hold a conference
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May 12, 2015
11:43 EDTVRNGIroquois Capital reports 9.99% passive stake in Vringo
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May 11, 2015
19:15 EDTWYYOn The Fly: After Hours Movers
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16:30 EDTWYYWidePoint targets 50% revenue growth for FY15, two estimates $78.39M
"With a target revenue goal of 50% growth for 2015 over last year's $53M, we believe we are off to a good start and on plan to reach our revenue goals. Furthermore, we believe our gross profit on both an absolute basis and percentage basis will expand as we bring on our higher-margin next-generation identity management services, reach critical mass in our DHS work, and expand our state/local and commercial mix... [We expect] booking initial Certificate-on-Device revenues in Q2," said WidePoint.
16:28 EDTWYYWidePoint reports Q1 EPS (1c), two estimates (2c)
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