Massive restructuring plans are in store for technology licensing company Rambus Inc. (RMBS), as it strives to bring down costs and generate positive cash flows. After a detailed study, Rambus found that cutting down on its...
Read MoreApple Inc. (AAPL) gained a major advantage in a closely-watched patent infringement battle against Samsung, as the U.S. District Court in San Jose, California, ruled in favor of the iPhone maker. The nine-member jury ruled that...
Read MoreAfter nearly two decades of negotiations, Russia is finally a member of the World Trade Organization (WTO). This is a landmark event not only for Russia and its quest to remain a global power, but also for the global free-trade...
Read MoreCompetitive Technologies, Inc. (CTTC), a worldwide provider of patent and technology licensing and commercialization services, recently reported a loss of 6 cents per share in the second quarter of fiscal 2012, a penny higher...
Read MoreThe New York Times Company (NYT) recently declared a cash deal to sell-off About Group, which it acquired in 2005, to InterActiveCorp (IACI) for a consideration of $300 million. The transaction is expected to be completed in the...
Read MoreLeading medical devices player, Medtronic (MDT) has strengthened its growing atrial fibrillation (“AF”) business as it has received both CE Mark and US Food and Drug Administration approvals for its Arctic Front...
Read MoreLast week, HCC Insurance Holdings, Inc. (HCC) announced a hike in its quarterly cash dividend to 16.5 cents per share from 15.5 cents per share paid in July 2012. The increased dividend will be paid on October 15, 2012, to...
Read MoreBrazil, which was once foreign investors’ favorite investment destination in Latin America, is currently facing some significant challenges. The country is expected to grow at just about 2% this year, a sharp reversal from...
Read MoreSteel giant Nucor Corporation (NUE) announced that the company will divest its Wire Products facility in New Salem, Pennsylvania, to an affiliate of Wire Mesh Corporation. Nucor stated that the asset disposition was made taking...
Read MoreBravo Brio Restaurant Group, Inc.’s (BBRG) MACD indicator has moved into bearish territory with a reading of -0.3127. The Zacks #4 Rank (“Sell”) stock decreased more than 0.24% to $16.32 in morning trade. The...
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