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Stock Market & Financial Investment News

News Breaks
March 19, 2014
06:24 EDTRMBSCiti still a 'high-conviction' buyer of Rambus shares
Citigroup said it remains "high-conviction buyers" of Rambus shares, calling the company its top small cap Specialty Semi pick. The firm believes yesterday's rally could have stemmed from the high volume for $10 March call options as well as positive investor sentiment for memory names. Citi keeps a Buy rating on Rambus with a $12 price target.
News For RMBS From The Last 14 Days
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August 17, 2014
20:39 EDTRMBSPatent overhaul efforts seem to have stalled before November election, WSJ says
Legal experts say that it is unlikely that a full Congress will revisit the issue of patent reform before the election in November, says the Wall Street Journal. Large technology companies like Google (GOOG) and Microsoft (MSFT) are pushing Congress to reform patent laws to curb litigation from patent-holding firms, added the Wall Street Journal. Publicly traded companies in the space include Acacia Research (ACTG), Tessera (TSRA), Rambus (RMBS) InterDigital (IDCC) and Vringo (VRNG). Reference Link

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