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Stock Market & Financial Investment News

News Breaks
January 8, 2013
12:38 EDTRMBSElite Group to promote and sell Rambus LED bulb portfolio
Last night Rambus announced the a business alliance with the Elite Group, a leading designer and distributor of home goods, lighting, and other consumable products. The Elite Group will promote and sell the Rambus LED bulb portfolio to retail and professional markets within North America, including the broad range of major retail customers already working with Elite. The first Rambus LED bulbs will be available at major retailers and professional channels as soon as Q2 2013. An extended portfolio of A19 and PAR bulbs with a roadmap of technology enhancements that enable increased functionality is under way.
News For RMBS From The Last 14 Days
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September 30, 2014
06:57 EDTRMBSRambus to benefit from Apple Pay, says Jefferies
Jefferies expects Apple Pay (AAPL) to raise interest in mobile payments as well as security requirements for mobile payments in Android-based devices. The firm thinks adoption of Rambus' (RMBS) Crypto Manager hardware based security solution will accelerate in mobile payment platforms and raised its price target for shares to $14 from $13.50. Jefferies keeps a Hold rating on Rambus, but notes its incrementally more positive on the stock.

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