TiVo (TIVO) Enters Settlement with Google, Others; Expands Buyback

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Janney Montgomery Scott Downgrades TiVo (TIVO) to Neutral

June 7, 2013 10:36 AM EDT

Janney Montgomery Scott downgraded TiVo (NASDAQ: TIVO) from Buy to Neutral with a price target of $14.25 after the company announced a settlement with GOOG, CSCO, and TWC for a combined upfront payment of $490 million.

"This number is at the low end of what we had been expecting, which we believe was lower than others on the sell side," analyst Tony Wible said.

He noted:

Positives - This settlement eliminates binary event risk and future legal cost. We estimate TIVO was paying... More

Barclays Downgrades TiVo (TIVO) to Equalweight

June 7, 2013 9:57 AM EDT

Barclays downgraded TiVo (NASDAQ: TIVO) from Overweight to Equalweight.

For an analyst ratings summary and ratings history on TiVo click here. For more ratings news on TiVo click here.

Shares of TiVo closed at $13.71 yesterday, with a 52 week range of $7.75-$14.10.... More

Cisco (CSCO) to Pay $294M in TiVo (TIVO) Settlement; Sees no non-GAAP Impact

June 7, 2013 9:10 AM EDT

On June 6, 2013, Cisco Systems, Inc. (Nasdaq: CSCO), ARRIS Group, Inc., Google Inc. (Nasdaq: GOOG) and TiVo Inc. (Nasdaq: TIVO) entered into an agreement (the Agreement), pursuant to which the parties have agreed to settle and dismiss all outstanding litigation between them, provide licenses to certain patents between the parties, and release patent... More

TiVo, Inc. (TIVO) trading halted with news pending

June 7, 2013 7:58 AM EDT

TiVo, Inc. (NASDAQ: TIVO) trading halted with news pending.... More

TiVo (TIVO) Settlement Details Remain Undisclosed; Is Something Else Afoot?

June 7, 2013 7:18 AM EDT

Shares of TiVo (NASDAQ: TIVO) surged higher into the close Thursday on reports the company settled its patent infringement case with Google/Motorola (NASDAQ: GOOG). While a Motorola spokesman confirmed the settlement, TiVo is not saying anything. This has has added to speculation.... More

TiVo (TIVO) May or May Not Have Reached a Settlement with Motorola

June 6, 2013 5:52 PM EDT

Shares of TiVo, Inc. (NASDAQ: TIVO) spiked higher late Thursday on reports a settlement has been reached in the Google (NASDAQ: GOOG) Motorola Mobility patent infringement case. Details were light, and Bloomberg cited a clerk in the judge's... More

UPDATE: TiVo Inc. (TIVO) Spikes

June 6, 2013 3:30 PM EDT

(Updated - June 6, 2013 3:46 PM EDT)

(Updated - June 6, 2013 3:39 PM EDT)

TiVo Inc. (Nasdaq: TIVO) Spikes

UPDATE: Chatter surrounds a possible settlement with Google (NASDAQ: GOOG)/Motorola ahead of trial which is... More