Rovi (ROVI) Defended at B. Riley Following Negative Court Ruling vs Netflix
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Pacific Crest Upgrades Rovi Corp. (ROVI) to Sector Weight
July 16, 2015 9:35 AM EDTPacific Crest upgraded Rovi Corp. (NASDAQ: ROVI) from Overweight to Sector Weight.
For an analyst ratings summary and ratings history on Rovi Corp. click here. For more ratings news on Rovi Corp. click here.
Shares of Rovi Corp. closed at $17.54 yesterday.
... MoreRovi (ROVI) Announces Court Finds 5 Patents Invalid in Litigation vs Netflix
July 16, 2015 8:35 AM EDTRovi Corporation (NASDAQ: ROVI) today provided an update on ongoing litigation against Netflix, Inc. (Nasdaq: NFLX).
Rovi has been engaged in litigation against Netflix with respect to five patents related to various features and functionality provided by the over-the-top (OTT) video service.
On July 15, 2015, Judge Phyllis J. Hamilton issued a ruling granting Netflixs motion for summary judgment on the five patents at issue in the current litigation, finding the patents invalid on the grounds that they are not directed to patentable subject matter based... More
