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Stock Market & Financial Investment News

News Breaks
October 16, 2012
06:49 EDTWILN, TOSBFWiLAN launches litigation against Toshiba and related parties
Wi-LAN (WILN) announced it has initiated litigation claiming patent infringement in the U.S. District Court for the Southern District of Florida against Toshiba Corp. (TOSBF) and related parties. The suit against Toshiba claims infringement of U.S. Patent Nos. 6,359,654 and 7,034,889 related to digital TV and display technology.
News For WILN;TOSBF From The Last 14 Days
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May 20, 2013
05:58 EDTTOSBFAdvanced Semiconductor acquires shares of Wuxi Tongzhi for RMB 70M from Toshiba
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May 16, 2013
06:41 EDTWILNWi-LAN grants wireless license to Telrad Networks, terms confidential
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May 14, 2013
10:49 EDTTOSBFDell accuses optical disk drive makers of price-fixing, Bloomberg says
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May 9, 2013
14:55 EDTTOSBFFTC approves modified final order on Western Digital purchase
The Federal Trade Commission approved and issued a modified final decision and order settling charges that Western Digital’s (WDC) proposed acquisition of rival Hitachi Global Technologies would have been anticompetitive in the market for hard disk drives used in desktop PCs. The proposed order settling the FTC’s charges, first announced on March 5, 2012, required Western Digital to sell assets used to manufacture and sell desktop computer hard disk drives to Toshiba (TOSBF) to resolve the agency’s competition concerns. The FTC has approved several modifications to the proposed order to incorporate adjustments that Western Digital and Toshiba Corporation, the buyer of the divested assets, made in the transaction documents. The final order provides for the additional time Western Digital required to complete the divestiture in order to obtain the necessary approvals from other relevant competition authorities and also includes revised production and asset transfer schedules, and extended time in which Western Digital will have access to certain employees. The FTC has also approved changes to the Divestiture Agreement and Contract Manufacturing Agreement to reflect the changes to the remedial agreements made by Western Digital and Toshiba Corporation.
May 8, 2013
13:00 EDTWILNWi-LAN announces patent infringement against BlackBerry
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06:29 EDTWILNWi-LAN sees Q2 revenue at least $17.5M, consensus $21.34M
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06:27 EDTWILNWi-LAN reports Q1 adjusted EPS 1c, consensus 0c
Reports Q1 revenue $18.4M, consensus $18.42M.

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