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News Breaks | | | | February 12, 2013 | | 16:39 EDT |  | RPXC | RPX Corp. sees Q1 total revenue $60M-$60.5M, consensus $51.45M
Sees Q1 net income $15M-$15.5M. | |
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News For RPXC From The Last 14 Days Check below for free stories on RPXC the last two weeks. |
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| June 5, 2013 | | 05:43 EDT |  | RPXC | Tech firms applaud Obama patent move, WSJ reports
Technology companies welcomed the Obama administration's decision to enter the debate over patent litigation, seeing a chance to stem a flood of lawsuits they say is hurting innovation, reports the Wall Street Journal. Reference Link | | | June 4, 2013 | | 10:24 EDT |  | RPXC | Patent specialists fall after WSJ reports looming crack downs
Companies that accumulate patents in order to obtain licensing fees are falling after The Wall Street Journal reported that President Obama is looking to crack down on such firms. WHAT's NEW: President Obama will take several unilateral steps to restrict the actions of patent holding firms, the Journal reported this morning. Among other things, the Obama administration will order the Patent and Trademark Office to more aggressively scrutinize broad patent application, the newspaper reported. The president will also ask Congress to pass laws that would allow courts to punish litigants that file abusive lawsuits, the newspaper added. TODAY'S PRICE ACTION: In early trading, Acacia Research (ACTG) tumbled 7.9% to $23.15 and VirnetX (VHC) sank 4% to $23. RPX Corp (RPXC), which provides patent advisory services, dropped 2% to $14.90. | | | 06:42 EDT | | RPXC | Obama to move against some patent-holding firms, WSJ reports
The White House announced a set of executive actions President Obama will take that are aimed at reining in certain patent-holding firms, known as "patent trolls" to their detractors, amid concerns that the firms are abusing the patent system and disrupting competition, reports the Wall Street Journal. Companies with large patent portfolios include Acacia Research (ACTG) and VirnetX Holding (VHC), while RPX Corp. (RPXC) provides patent intelligence and advisory services. Reference Link | |
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