More Bad News For Qualcomm
Qualcomm (QCOM) got more bad news yesterday. It largest customer, Nokia (NOK) filed a complaint with the ITC to ban imports of handsets that the big European company says infringe on its…
Qualcomm (QCOM) got more bad news yesterday. It largest customer, Nokia (NOK) filed a complaint with the ITC to ban imports of handsets that the big European company says infringe on its…
According to Reuters, Dell (DELL) will restate four years of results after an audit that lasted over a year. Reuters writes that Bear Steans (BSC) will cut 240 jobs in its sub-prime…
(AMGN) Amgen announced 12-14% layoffs and lowered guidance for 2007.(ANX) ADVENTRX Pharma announces fast track designation granted by the FDA for CoFactor for treatment of metastatic colorectal cancer.(AUXL) Auxilium Pharma receivef FDA…
As 24/7 Wall St. reported this morning, Broadcom’s (BRCM) efforts to get an injunction against Qualcomm (QCOM) marketing chips with BRCM intellectual property could have effect of shutting down parts of QCOM’s…
Broadcom (BRCM) is arguing in federal court that Qualcomm (QCOM) should be prohibited from selling a number of its chips because they infringe on BRCM patents. According to Reuters: "Broadcom was seeking…
According to Reuters, profits at UBS rose to $4.7 billion in Q2, but the bank said the difficult markets could hurt second half results. Reuters writes that Wal-Mart’s (WMT) Japanese unit, Seiyu…
Qualcomm’s (QCOM) legal strategy for defending its intellectual property has been a mess recently. It lost a key ruling with the ITC. The agency said that because the company infringed on certain…
It was hard to imagine that things could get worse for Qualcomm (QCOM) but they have. The company announced strong earnings this month and guided higher, but all of the other news…
Yesterday, a federal judge ruled that two Qualcomm (QCOM) patents for video compression where not enforceable because the company "deliberately concealed the patents from a standards-setting group,", according to The Wall Street…
According to Reuters, Cisco (CSCO) announced quarter profits and a forecast that topped expectations. Reuters writes that Vodafone (VOD) will keeps its 45% of Verizon Wireless. The Wall Street Journal writes that…
According to Reuters, Bear Stearns (BSC) has several potential buyers including JP Morgan (JPM) and Bank of America (BAC) Reuters writes that a court overturned a patent infringement award won by Alcatel-Lucent…
It is a long, steep hill for Qualcomm (QCOM). The ITC decided that some of Qualcomm’s technology infringed on IP from rival Broadcom (BRCM) and said it would block a number of…
According to the FT, Intel (INTC) plans to push hard to move into the market currently held by the Blackberry and Apple (AAPL) iPhone. Its championing for the distribution of WiFi and…
According to MarketWatch: Qualcomm reported earnings of $798 million, or 47 cents a share, for the quarter ended July 1 compared with earnings of $643 million, or 37 cents a share, for…
According to Reuters, Apple (AAPL) turned in strong results driven by Mac sales and the stock moved up 10%. Reuters writes that Sony’s (SNE) profit tripled as webcam sales more than offset…