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Stock Market & Financial Investment News

News Breaks
February 19, 2013
15:05 EDTPPOPolypore March put volatility elevated at 66 into Q4
Polypore March put option implied volatility is at 66, April is at 54, June is at 51; compared to its 26-week average of 45 according to Track Data, suggesting larger near term price movement into the expected release of Q4 results on February 20.
News For PPO From The Last 14 Days
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July 22, 2014
07:50 EDTPPOPolypore court ruling a 'significant positive,' says William Blair
William Blair views yesterday's U.S. District Court decision granting a motion by Polypore's subsidiary for a preliminary injunction against LG Chem as a "significant positive." The firm says the stock's flat reaction to the news creates a near-term buying opportunity and it keeps an Outperform rating on shares of Polypore.
July 21, 2014
08:08 EDTPPOPolypore receives favorable ruling on preliminary injunction against LG Chem
Polypore announced that the United States District Court for the Western District of North Carolina has granted a motion by Celgard, a subsidiary of Polypore International, for a preliminary injunction against LG Chem, and LG Chem America. The judge's order granting the injunction is currently under seal; portions of the order may be released in the future at the court's discretion. Celgard had requested a preliminary injunction to prohibit the importation, sale or offer for sale in the United States and inducement of others to use, sell or offer for sale lithium-ion batteries, including batteries used in electric drive vehicles and consumer electronics, which contain LG's ceramic coated lithium-ion battery separator, until a full trial on the matter is concluded. The lawsuit and motion for injunction are based on Celgard's assertion that LG infringes Celgard's patent, which claims ceramic composite layer lithium-ion battery separators first developed by Celgard for high-energy rechargeable lithium-ion batteries.

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