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Stock Market & Financial Investment News

News Breaks
December 5, 2012
08:28 EDTIDCCInterDigital declares regular 10c dividend and special $1.50 dividend
InterDigitalís board of directors declared a special cash dividend of $1.50 per share on its common stock on December 2. The dividend is payable on December 28 to stockholders of record as of the close of business on December 17. The board also approved its regular quarterly dividend of 10c per share, which will be paid on December 28.
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July 30, 2015
11:26 EDTIDCCAppeals court affirms lower court judgment in Microsoft, Motorola patent suit
The 9th Circuit Appeals court affirmed the judgment of a district court in a patent lawsuit between Microsoft (MSFT) and Motorola, which is now owned by Google (GOOG). In its ruling, the appeals court wrote: "With the partiesí consent, the district court conducted a lengthy, thorough bench trial on the RAND rate and range. The court analyzed that evidence in its exhaustive findings of fact and conclusions of law, in a manner consistent with the Federal Circuitís recent approach to establishing damages in the RAND context. The courtís factual findings were properly admitted at the jury trial. The juryís verdict was supported by substantial evidence, and its damages award was proper." In a tweet after the ruling was released, Markman Advisors, which specializes in patent law, stated that Microsoft, Qualcomm (QCOM), InterDigital (IDCC) and others will be affected by this ruling, which it characterized as "tough for licensors of standard-essential patents."
08:37 EDTIDCCInterDigital reports Q2 EPS 89c, consensus 78c
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