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Stock Market & Financial Investment News

News Breaks
October 9, 2012
05:55 EDTWIT, WIT, BBY, BBY, SYMC, SYMCEventShows to host a summit
2012 Cyber Security Summit is being held in Minneapolis on October 9-10.
News For WIT;BBY;SYMC From The Last 14 Days
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September 15, 2014
18:25 EDTSYMCFinjan Holdings provides update on Federal Circuit Ruling in patent case
Finjan Holdings (FNJN) provides an update on the case Finjan, Inc. v. Symantec Corp. (SYMC), Websense (WBSN), Inc., Sophos. This patent infringement suit dates back to a legacy litigation filed on July 12, 2010, in the U.S. District Court for the District of Delaware against Symantec Corp., Websense, Inc., Sophos Inc., et al. During this time, two of the five defendants settled; for the three remaining defendants, Websense, Inc., Sophos Inc., and Symantec Corp., the verdict resulted in a finding of invalidity of certain asserted claims of Finjan's patents, U.S. Patent Nos. 6,092,194 and 6,480,962, and non-infringement of same, against the three parties. Finjan's Appeal Brief was filed on December 10, 2013, and the Oral Argument was heard on September 9, 2014. The Court of Appeals for the Federal Circuit issued a decision, affirming the District Court's prior ruling with no opinion, citing Federal Circuit Rule 36. Rule 36 findings by the Court do not provide any additional insight or context into the Court's decision in the case. This CAFC ruling was the most recent outcome in the process to reverse the lower Court's finding of invalidity on claims in the two patents. The two patents in question are not at issue in any of six currently pending cases in the Northern District of California, including three separate actions involving the three remaining parties in the appeal, noted previously. "While we are disappointed with the Panel's finding, we continue to believe in the Court's ability to adjudicate complicated issues in patent cases," commented Julie Mar-Spinola, VP Legal Operations of Finjan. "The two patents in question represent a small number – two of twenty –currently involved in our licensing and enforcement program related to Finjan's pioneering cybersecurity related technologies." Finjan has also filed patent infringement lawsuits against FireEye, Inc., Blue Coat, Inc., Websense, Inc., Sophos Inc. and Symantec Corp. relating to, collectively, more than 20 patents in the Finjan portfolio. The company will continue to provide timely updates of important events relating to these matters on an on-going basis.
11:09 EDTBBYRadioShack rises after CFO resigns, analyst suggests Amazon should buy stores
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09:59 EDTSYMCOn The Fly: Analyst Downgrade Summary
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06:24 EDTBBYRadioShack liquidation could lift Best Buy comps, says Deutsche Bank
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06:06 EDTSYMCSymantec downgraded to Sector Perform from Outperform at RBC Capital
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September 12, 2014
09:01 EDTWITWipro announces Premier Partnership with Adobe
Wipro Ltd. (WIT) announced that it has entered into a Premier Partnership with Adobe (ADBE). Wipro is the first Indian Global IT services company to attain this level of partnership. Wipro will partner with Adobe in creating integrated marketing, commerce, analytics and customer experience solutions. These solutions will help businesses to better understand and win customers, increase share of wallet and differentiate through targeted, relevant and consistent conversations across multiple devices and channels.
September 11, 2014
14:16 EDTSYMCSymantec downgraded to Hold from Buy at Standpoint Research
07:13 EDTBBYSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 10, 2014
07:24 EDTSYMCSymantec coverage assumed with a Neutral at MKM Partners
Target $24.

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