Vringo (VRNG) Affirms Google (GOOG) Ruling, Royalty Rate Set at 6.5%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/16/2024
- S&P, Nasdaq muted as bond yields rise; UnitedHealth boosts Dow
- UnitedHealth (UNH) beats earnings, revenue estimates in Q1; shares up
- BofA profit hurt by provisions even as it expects rising interest income
- Morgan Stanley (MS) earnings beat lifts stock
- Johnson & Johnson (JNJ) posts mixed results, narrows full-year guidance
- Trump Media & Technology Group (DJT) Files S-1
- Tesla (TSLA) Senior VP Drew Baglino Is Said To Leave The Company - Bloomberg
- General Motors (GM) Said to be Moving Detroit HQ to Dan Gilbert's Hudson Tower - Bloomberg
- GE HealthCare (GEHC) Announces Resignation of Jan Makela, CEO of Imaging
- Biohaven Pharma (BHVN) presents update on degrader platform and summary of progress to date in Phase 1 single ascending dose study for BHV-1300
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Morgan Stanley, UnitedHealth and Bank of America rise premarket; Tesla falls
- After-hours movers: Tesla, Gildan Activewear, Macatawa Bank, and more
- Midday movers: Goldman Sachs and Meta Platforms rise; Apple and Tesla fall
- Nike, Alpine Immune Sciences rise premarket; CarMax, Robinhood and Regeneron fall
Vringo (VRNG) Issues Update on '420 Patent Litigation vs. Google (GOOG)
January 31, 2014 8:10 AM ESTVringo, Inc. (Nasdaq: VRNG) provided an update on proceedings at the U.S. Patent and Trademark Office (USPTO) regarding patents owned by its wholly owned subsidiary, I/P Engine, Inc.
Today, the USPTO issued a first, non-final rejection of the challenged claims in U.S. Patent No. 6,314,420, which is one of the two patents asserted in litigation against Google, as described below.
This result is not unlike the previous three proceedings that Google initiated, which were ultimately resolved in I/P Engine's favor following I/P Engine's submission of rebuttal... More
Vringo (VRNG) Target Price Lifted to $7 at Maxim Group
January 29, 2014 11:11 AM ESTMaxim Group analyst John Tinker reiterated a Buy rating and boosted his price target on Vringo (NASDAQ: VRNG) from $5 to $7 after the company received a 6.5% royalty rate from Judge Jackson following the breakdown of the mandated settlement conference with Google (NASDAQ: GOOG). This compares to the prior rate of 3.5% and additional... More
Vringo (VRNG) Awarded 6.5% Royalty Rate from Google (GOOG) Over AdWords Litigation
January 29, 2014 8:59 AM ESTVringo, Inc. (VRNG) announced that on January 28, 2014, the U.S. District Court for the Eastern District of Virginia, Norfolk Division, issued a Memorandum Opinion and Order related to its wholly-owned subsidiary I/P Engine, Inc.`s litigation against AOL, Google et al. for infringement of its patents through their AdWords system.
In the Order, the Court held that the appropriate ongoing royalty rate for defendants` continued infringement of the patents-in-suit that "would reasonably compensate [I/P Engine] for giving up [its] right to exclude yet allow an ongoing willful infringer to make a reasonable profit" is a... More
Vringo (VRNG) set to resume trading at 9:15AM ET after Google ruling.
January 29, 2014 8:59 AM ESTVringo (NASDAQ: VRNG) set to resume trading at 9:15AM ET after Google ruling.... More
UPDATE: Vringo (VRNG) to Receive 6.5% Patent Royalty Rate from Google (GOOG)
January 28, 2014 4:31 PM EST(Updated - January 28, 2014 4:38 PM EST)
Google (Nasdaq: GOOG) told to pay Vringo (Nasdaq: VRNG) a patent royalty rate of 6.5 percent, according to Bloomberg headlines.
The rate was set... More
Vringo (VRNG) trading halted with news pending
January 28, 2014 4:18 PM ESTVringo (NASDAQ: VRNG) trading halted with news pending.... More
