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Stock Market & Financial Investment News

News Breaks
February 27, 2013
17:34 EDTTSRA, AMDTessera, AMD settle pending litigation, financial terms confidential
Tessera Technologies (TSRA) announced that its Tessera subsidiary has entered into an agreement settling all pending litigation with Advanced Micro Devices (AMD). The specific financial terms of the agreement are confidential. Tessera, Inc. and AMD agreed to dismiss claims and counterclaims between the two parties relating to Tessera's patent infringement claims pending in the United States District Court, Northern District of California. The company is not providing additional financial guidance in connection with this agreement.
News For TSRA;AMD From The Last 14 Days
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August 18, 2014
10:29 EDTAMDGoldman cuts sector view on semiconductors to Cautious
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08:04 EDTAMDSemiconductors sector downgraded to Cautious from Neutral at Goldman
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.
August 17, 2014
20:39 EDTTSRAPatent 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
August 11, 2014
11:56 EDTAMDStocks with call strike movement; PBR AMD
Petrobras (PBR) November 19 call option implied volatility increased 4% to 54, AMD (AMD) January 4.5 call option implied volatility decreased 5% to 45 according to IVolatility.
06:18 EDTAMDAMD to release A68 chipsets in September, DigiTimes reports
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