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Stock Market & Financial Investment News

News Breaks
May 6, 2014
07:55 EDTLXK, LXKLexmark to host conference call
Management holds a conference call to discuss Lexmark's tender offer for all outstanding shares of ReadSoft on May 6 at 8 am. Webcast Link
News For 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 26, 2015
10:01 EDTLXKLexmark upgraded to Buy from Hold at Standpoint Research
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