New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 2, 2014
18:27 EDTLLNW, AKAMLimelight Networks confirms favorable Supreme Court ruling in patent case
Limelight Networks announced that the Supreme Court of the United States has issued an opinion in case No. 12-786, holding that Limelight Networks is not liable for inducing infringement. Details of the opinion are available here. In the opinion by Justice Samuel Alito, the court reversed an August 2012 ruling by a divided U.S. Court of Appeals for the Federal Circuit that held that there could be liability for induced infringement in cases when no party directly infringed a patent claim. The original lawsuit was filed in 2006. Many companies, organizations, and individuals have filed amicus briefs with the high court on Limelight’s behalf. “We are pleased with the Supreme Court’s unanimous decision,” stated Bob Lento, Limelight’s CEO. “By promoting clear rules governing liability for patent infringement, the Supreme Court’s decision is a win not only for Limelight, but also for innovators throughout the country. We appreciate the support received from so many others, and look forward to full resolution. As always, we remain focused on building our business with innovative offerings, and on providing our customers with the highest quality of service.”
News For LLNW;AKAM From The Last 14 Days
Check below for free stories on LLNW;AKAM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 10, 2014
08:24 EDTAKAMAkamai benefiting from current trends, says Oppenheimer
Subscribe for More Information
July 9, 2014
10:56 EDTAKAMAkamai call activity on attributed to takeover speculation
Akamai June 60 and 60.5 calls are active on total call volume of 4,100 contracts (200 puts) on renewed takeover speculation. July call option implied volatility is at 41, July is at 34, November is at 33; compared to its 26-week average of 35 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.
10:41 EDTAKAMRumor: Akamai strength attributed to takeover speculation

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use