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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:23 EDTLXK, EFXEquifax CFO Lee Adrean to retire, company appoints John Gamble as CFO
Equifax (EFX) yesterday appointed John W. Gamble Jr as its Corporate Vice President and CFO, replacing Lee Adrean, who has announced his retirement after eight years of distinguished service. Gamble will join the company on May 21 in his new position and will work with Adrean to ensure a smooth transition. Most recently and since September 2005, Gamble served as EVP and CFO of Lexmark (LXK).
News For EFX;LXK From The Last 14 Days
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September 2, 2015
10:02 EDTLXKWi-LAN subsidiary enters into license agreement with Lexmark
WiLAN (WILN) announced that the company's subsidiary, Open Network Systems, has entered into a patent license agreement with Lexmark (LXK). The licensed patents relate to networking capabilities of non-standard devices. The licensed technologies enable devices, including point of sale terminals, printers and smart TVs, to communicate on a network. WiLAN had acquired these patents through a licensing partnership in April 2014. The license resolves litigation pending in the District of Delaware. The consideration paid and the terms of the license agreement are confidential. Under its licensing partnership model, WiLAN typically offers little to no upfront payment to acquire portfolios. Patent vendors receive all or most of their compensation once WiLAN has successfully licensed the relevant portfolio.
August 28, 2015
08:46 EDTEFXEquifax weakness creates buying opportunity, says SunTrust
SunTrust raised its estimates for Equifax as the firm is more confident in the company's business momentum and is particularly more upbeat on the company's Workforce Solutions unit. The firm is pleased by what it sees as the company's innovative new methods of monetizing its data. SunTrust expects the company's margins to rise due to its improving mix. The firm keeps a $125 price target and Buy rating on the shares.
August 26, 2015
10:01 EDTLXKLexmark upgraded to Buy from Hold at Standpoint Research
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