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Stock Market & Financial Investment News

News Breaks
June 11, 2014
09:43 EDTRMBSRambus rallies sharply following license deal with Qualcomm
The stock is up 6.3% to $13.14 following news that the company had reached a comprehensive patent licensing deal with Qualcomm (QCOM). At current price, next resistance is at $13.58 and then at $13.83. Support is at $12.60.
News For RMBS From The Last 14 Days
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August 27, 2014
07:43 EDTRMBSJefferies to hold a summit
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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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