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InterDigital Doubles Revenue Outlook, Announces License Agreement With Apple
Thursday, December 15, 2016 - 10:58am | 265Read More...InterDigital, Inc. (NASDAQ: IDCC) saw its stock gain more than 18 percent and trade above the $100 per share mark after the company revised its revenue outlook notably higher. Not including the pre-market gain, shares of InterDigital gained more than 70 percent over the past year and more than...
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InterDigital Raises Q4 Guidance, Shares Rise
Monday, December 28, 2015 - 12:31pm | 123Read More...Shares of InterDigital, Inc. (NASDAQ: IDCC) gained more than 2 percent Monday morning after the company revised its fourth quarter guidance higher. InterDigital said in a press release it now expects its total fourth quarter 2015 revenue to fall in a range of $107 million to $111 million. The...
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Markets Continue To Rally As The Dow Closes Above 17,000
Tuesday, October 28, 2014 - 4:44pm | 1552Read More...U.S. stocks continued to charge forward as the Dow closed above the 17,000 mark as consumer confidence rose more than expected in October. The Federal Reserve gathered Tuesday and will release a statement on Wednesday at 2:00 p.m. ET. It is not a foregone conclusion that the Federal Reserve...
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InterDigital Traders Selling On News After Buying On Rumors
Tuesday, October 28, 2014 - 1:12pm | 114Read More...Shares of InterDigital, Inc. (NASDAQ: IDCC) spiked higher on Tuesday after the company won a Delaware infringement suit against ZTE in which three infringing claims were asserted as InterDigital patents. Benzinga's Pro News Feed alerted traders of market chatter from a Bloomberg headline...
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#PreMarket Primer: Friday, August 1: Three Day Truce Between Hamas And Israel Begins
Friday, August 1, 2014 - 7:07am | 1180Read More...After weeks of difficult negotiations, U.S. Secretary of State John Kerry announced that an agreement between Israel and Hamas to end the fighting in Gaza had been reached. The truce, which begins on Friday, will last for only three days, during which time representatives from both sides will...
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Market Wrap For June 13: Despite Rising, Dow And S&P 500 Lower For The Week
Friday, June 13, 2014 - 4:39pm | 1827Read More...U.S. stocks closed the day slightly higher to close out the week as investor concerns over escalating violence in Iraq remains. As was the case during the height of the Russia and Ukraine confrontation, investors are hesitant of holding on to investments over the weekend. U.S. Secretary of...
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Weekly Highlights: iWatch In October, Apple's Smart Home Platform And More
Sunday, June 8, 2014 - 9:30am | 181Read More...Investors weren't surprised by the plethora of Apple (NASDAQ: AAPL) news that came out this week. After all, this was one of the company's biggest weeks of the year -- the week of its annual Worldwide Developers Conference. During the event, investors learned about Apple's health and home...
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Exclusive: InterDigital CEO William Merritt On Licensing, Litigation And The Ongoing Apple-Samsung Battle
Thursday, June 5, 2014 - 1:42pm | 973Read More...After a year of litigation, Samsung (OTC: SSNLF) finally worked out a new licensing deal with InterDigital (NASDAQ: IDCC). InterDigital filed a complaint with the U.S. International Trade Commission in January 2013, alleging that Samsung had engaged in "unfair trade practices by selling...
