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Stock Market & Financial Investment News

News Breaks
June 19, 2014
16:03 EDTEVDY, WBMDWebMD commences litigation against Everyday Health
WebMD Health (WBMD) announced that its subsidiary, WebMD, has commenced litigation against Everyday Health Media, a subsidiary of Everyday Health (EVDY), for trademark infringement, false advertising and unfair competition. WebMD's complaint, filed in the United States District Court for the Southern District of New York, shows that Everyday Health is using the WebMD trademark on Everyday Health's web pages; in Everyday Health website addresses; and in search advertising campaigns to deceive and mislead consumers into believing they are visiting WebMD's trusted health and wellness resources. WebMD believes that these practices also mislead advertisers whose ads are placed by Everyday Health on areas of its website that infringe WebMD's brands. These activities infringe on WebMD's trademarks and go well beyond the legally permissible practice of simply buying search terms against a competitor's name. WebMD is seeking a permanent injunction barring Everyday Health from engaging in such illegal acts, damages for the harm to WebMD's business and reputation, an accounting of the profits Everyday Health secured for itself from its wrongful conduct, and the attorneys' fees and costs incurred by WebMD in enforcing these laws against Everyday Health's willful misconduct.
News For WBMD;EVDY From The Last 14 Days
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November 24, 2014
10:00 EDTWBMDOn The Fly: Analyst Downgrade Summary
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08:25 EDTEVDYEveryday Health outlook has improved, says SunTrust
After meeting with Everyday Health's management, SunTrust says it is confident in the company's long-term outlook, and thinks its acquisition of DoctorDirectory was solid and can generate revenue synergies. SunTrust keeps a Buy rating on the shares.
08:22 EDTWBMDWebMD downgraded at SunTrust
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07:12 EDTWBMDWebMD downgraded to Neutral from Buy at SunTrust
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November 17, 2014
18:34 EDTEVDYEveryday Health management to meet with SunTrust
Meeting to be held in Boston on November 20 hosted by SunTrust.

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