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Stock Market & Financial Investment News

News Breaks
January 28, 2014
10:01 EDTTRSannounces dismissal of patent infringement, trade secret misappropriation suit
TriMas announced that the Federal District Court for the Eastern District of Arkansas granted summary judgment for Cequent Performance Products in a patent infringement and trade secret misappropriation lawsuit filed by MCB Sales & Installation Services. The suit alleged that Cequent infringed a U.S. patent owned by MCB and trade secret misappropriation. At the pleading stage, the Court dismissed all of MCB’s claims except for the patent infringement and misappropriation of trade secret claims. After discovery, Cequent moved for summary judgement on those remaining claims. The Court granted summary judgment of no patent infringement and no trade secret misappropriation in favor of Cequent, ordered MCB to pay Cequent’s costs, and entered final judgment dismissing the case in its entirety.
News For TRS From The Last 14 Days
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November 14, 2014
10:00 EDTTRSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AbbVie (ABBV) initiated with a Buy at Deutsche Bank... Advance Auto Parts (AAP) initiated with a Buy at Sterne Agee... AutoZone (AZO) initiated with an Underperform at Sterne Agee... Carter's (CRI) initiated with a Buy at Sterne Agee... Children's Place (PLCE) initiated with a Neutral at Sterne Agee... Container Store (TCS) initiated with a Fair Value at CRT Capital... DHT Holdings (DHT) initiated with a Buy at UBS... Diana Shipping (DSX) initiated with a Neutral at UBS... Genuine Parts (GPC) initiated with a Neutral at Sterne Agee... National Oilwell (NOV) initiated with a Neutral at UBS... Navios Acquisition (NNA) initiated with a Buy at UBS... NeoStem (NBS) assumed with a Buy at Maxim... O'Reilly Automotive (ORLY) initiated with a Neutral at Sterne Agee... Scorpio Bulkers (SALT) initiated with a Neutral at UBS... Star Bulk Carriers (SBLK) initiated with a Neutral at UBS... Teekay Tankers (TNK) initiated with a Buy at UBS... The Buckle (BKE) initiated with an Underweight at BB&T... TriMas (TRS) initiated with an Overweight at JPMorgan... TriplePoint Venture (TPVG) initiated with a Buy at UBS... Tsakos Energy (TNP) initiated with a Buy at UBS... USD Partners (USDP) initiated with an Outperform at Credit Suisse... Zumiez (ZUMZ) initiated with a Buy at BB&T.
07:17 EDTTRSTriMas initiated with an Overweight at JPMorgan
Target $40.

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