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Stock Market & Financial Investment News

News Breaks
November 8, 2012
07:20 EDTSAI, VHCSAIC stands to benefit from VirnetX patent verdict, says Wells Fargo
After VirnetX (VHC) won a patent case against Apple (AAPL), Wells Fargo notes that SAIC (SAI) is entitled to 25%-35% of any proceeds that VirnetX obtains from the patents that were at issue in the case. The firm believes that SAIC could obtain $100M or more from VirnetX if the verdict is upheld on appeal, but it maintains an Underperform rating on SAIC.
News For SAI;VHC From The Last 14 Days
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August 21, 2015
09:13 EDTVHCOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Accuray (ARAY), up 12.7%... Brocade (BRCD), up 6%... salesforce.com (CRM), up 3.5%. DOWN AFTER EARNINGS: Intuit (INTU), down 6.7%... Deere (DE), down 5.4%... Nordson (NDSN), down 4.4%. ALSO LOWER: GigOptix (GIG), down 20% after 9.22M share Spot Secondary priced at $1.70... VirnetX Holding (VHC), down 19.8% after filing to sell 35M shares of common stock... Northwest Biotherapeutics (NWBO), down 8.7% after TheStreet's Adam Feuerstein reports, via Twitter, that CVax Phase 3 study has been temporarily halted in Germany.
06:30 EDTVHCVirnetX files to sell 35M shares of common stock
Cowen is acting as sales agent for the offering.

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