Apple Agrees to License and 4 Hot Stocks Demanding Attention
Apple Inc. (NASDAQ:AAPL): Samsung (SSNLF) continues its patent fight with Apple, and it entered a redacted version of the patent settlement Apple reached with HTC into the public record, though the majority of the document was redacted, reports AllThingsD. The available portions of the document show that both Apple and HTC agreed to a nonexclusive, nontransferrable, and non-sublicensable license to some of the other’s patents, and additionally Apple chose not to sue HTC regarding particular covered products.
Lululemon Athletica Inc. (NASDAQ:LULU) sees its Q4 revenue at $475 million to $480 million, consensus $490.49 million. Guidance is based on a SSS percentage rise in the high single digits on a constant-dollar basis.
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Akamai Technologies Inc. (NASDAQ:AKAM) is rallying after announcing its new deal with AT&T (NYSE:T) earlier today. Beneath the terms of the deal, Akamai’s content delivery platform is to be combined with AT&T’s IP network to deliver content delivery and telecom services to companies. Furthermore, Akamai’s servers are to be placed at the edge of AT&T’s IP network and in AT&T facilities throughout the United States, the companies stated. With the deployment of Akamai’s infrastructure within AT&T’s network infrastructure, end customers should see benefits due to more efficient content routing and better delivery of digital content, video and Web applications, according to AT&T and Akamai’s beliefs. At first, the companies plan to focus their efforts in North America, but then they intend to expand globally within 12 months. Also, no financial details of the deal have been revealed. During early morning trading Akamai saw an increase of $3.13, or 8.82%, to $38.63.
Safeway Inc. (NYSE:SWY) stated yesterday that its board declared and approved an acceleration of its regular quarterly cash dividend. The cash dividend of 17.5c per share is to be payable on December 31 to stockholders of record at business close on December 17. Typically, this Q4 dividend has been paid in January.
Athenahealth, Inc. (NASDAQ:ATHN) has stated in its investor summit presentation slides that its targets are 30 percent revenue growth year-over-year over the next five years, and the company targets incremental improvement year-over-year in its gross margin rate after the service line reinvestment.
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