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Stock Market & Financial Investment News

News Breaks
May 2, 2014
07:42 EDTPRKR, QCOMParkerVision announces bench rulings in litigation against Qualcomm
ParkerVision (PRKR) provided the following update after a hearing yesterday on outstanding motions related to the Company's patent infringement litigation against Qualcomm (QCOM). The hearing before Judge Roy Dalton in U.S. District Court in the Middle District of Florida relates to the company's ongoing patent infringement litigation against Qualcomm that was first filed in July of 2011. In October of 2013, a jury sided in favor of ParkerVision and awarded the Company $173M in damages related to this matter. The court ruled from the bench on a number of the outstanding motions during yesterday's hearing. Specifically, the Court denied Qualcomm's motion for Judgment as a Matter of Law, or JMOL, as well as its request for a new trial on damages. The Court also denied ParkerVision's motions for JMOL or a new trial on willfulness, and its motion for a permanent injunction against Qualcomm. The Court has not yet ruled on Qualcomm's outstanding JMOL motions regarding invalidity and infringement, or on ParkerVision's outstanding motion for ongoing enhanced royalties and pre- and post-judgment interest. The Court ordered the parties to confer in order to determine if an agreement can be reached regarding an ongoing royalty rate and the calculation of pre- and post-judgment interest. The parties are required to report the results of their meeting to the Court within 30 days.
News For PRKR;QCOM From The Last 14 Days
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October 31, 2014
09:56 EDTQCOMFreescale strength attributed to report of Tesla Model S teardown
The 13% rally in shares of Freescale (FSL) is being attributed to an Austin Business Journal report of the company being built into Tesla's (TSLA) Model S. The Austin Business Journal story references an October 14 story by Arik Hesseldahl of Re/code detailing research firm IHS' teardown of the electric car. Hesseldahl said the chipmakers whose components were spotted in the teardown include NVIDIA (NVDA), Freescale, Texas Instruments (TXN), Qualcomm (QCOM), STMicroelectronics (STM) and Altera (ALTR).
October 24, 2014
06:14 EDTQCOMTSMC to provide chips for LG's 'Nuclun' smartphone microprocessor, WSJ says
According to a source, Taiwan Semiconductor (TSM) will provide chips for microprocessors to power "Nuclun," a variation of LG's G3 smartphone, the Wall Street Journal reports. So far, LG Electronics has mostly relied on Qualcomm (QCOM) for the chips that run its smartphones. Reference Link
October 21, 2014
14:04 EDTQCOMEarnings Preview: Analysts divided on Broadcom ahead of Q3 report
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