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TiVo Wins Patent Case Against Comcast
Wednesday, June 5, 2019 - 8:31am | 234TiVo Corp (NASDAQ: TIVO) shares are trading higher after the company confirmed Tuesday evening it won an International Trade Commission patent case against Comcast Corporation (NASDAQ: CMCSA). TiVo received a favorable determination from the commission that Comcast’s X1 platform infringes...
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TiVo Investors Pull Back As DVR Maker Announces Business Split
Friday, May 10, 2019 - 10:34am | 364Entertainment technology and audience insights company TiVo Corp (NASDAQ: TIVO) said in conjunction with its first-quarter report Thursday that it will split itself into two independent companies. What Happened TiVo's board of directors approved a move to split TiVo's product business from...
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TiVo's Netflix Contract Demonstrates The Strength Of Company's Patent Portfolio
Tuesday, November 29, 2016 - 11:56am | 345TiVo Corp (NASDAQ: TIVO) announced after the close Monday that it had entered into a licensing agreement with Netflix, Inc. (NASDAQ: NFLX). The agreement covers product and IP licensing solutions. JPMorgan’s Sterling Auty maintains an Overweight rating on TiVo, with a price target of $34. The...
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Rovi Announces Acquisition Of TiVo To Create A '$3 Billion Entertainment Technology Leader'
Friday, April 29, 2016 - 8:17am | 430Rovi Corporation (NASDAQ: ROVI) announced Friday it has entered into an agreement to fully acquire TiVo Inc. (NASDAQ: TIVO) in a transaction that values the company at $1.1 billion, or $10.70 per share. The offer represents a premium of approximately 40 percent of TiVo's closing price of $7...
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Rovi Announces New Partnership With Intellectual Ventures
Monday, February 1, 2016 - 3:51pm | 205Shares of Rovi Corporation (NASDAQ: ROVI), a digital entertainment company that focuses on content discovery, were trading lower by more than 2.5 percent on Monday despite announcing a new partnership. Rovi announced a new partnership with Intellectual Ventures, one of the largest holders of U.S....
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Rovi's Stock Surges Following Renewal Of Agreement With Sony
Monday, December 28, 2015 - 12:33pm | 117Shares of Rovi Corporation (NASDAQ: ROVI) spiked higher by more than 6 percent Monday morning after the company announced the renewal of a patent license agreement with Sony Corp (ADR) (NYSE: SNE). According to Rovi's press release, the company's renewed multi-year agreement will...
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Shares Of Rovi Surge Following Renewal Of Agreement With AT&T
Wednesday, December 23, 2015 - 11:15am | 206Shares of Rovi Corporation (NASDAQ: ROVI), a digital entertainment technology company, surged higher by more than 30 percent Wednesday morning after the company announced a seven-year renewal and expansion of license agreement with AT&T Inc. (NYSE: T). As part of the agreement, Rovi will...
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U.S. Court Of Appeals Sides With Amazon In Rovi Lawsuit
Wednesday, April 9, 2014 - 11:48am | 324After more than three years since Rovi (NASDAQ: ROVI) initiated a lawsuit against Amazon.com (NASDAQ: AMZN) relating to patent violations, the United States Court of Appeals rejected Rovi's claims on Tuesday. Rovi provides integrated solutions for the discovery and personalization of digital...
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Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
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Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...
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Which Streaming Video Service will Kill Off Netflix?
Thursday, October 4, 2012 - 10:44am | 793Rovi (NASDAQ: ROVI) and Toys 'R' Us are teaming up to launch a streaming video service that will allow moms and dads to rent kid-friendly movies for as low as $2.99. Toys 'R' Us will offer the rentals -- including TV shows that start at $0.99 -- at ToysRUsMovies.com. Described as a "digital...
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Earnings Expectations for the Week of August 8
Sunday, August 7, 2011 - 12:02pm | 1072The focus this week, at least initially, will no doubt be on the effect of the downgrade of U.S. debt. But there will be plenty more earnings as well, including reports from Walt Disney (NYSE: DIS), News Corp. (NASDAQ: NWS), Cisco Systems (NASDAQ: CSCO) and Aol (NYSE: AOL). The parade of retail...
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J.P. Morgan Maintains Neutral on Rovi
Tuesday, June 21, 2011 - 8:48am | 122J.P. Morgan is out with its report today on Rovi (NASDAQ: ROVI), maintaining Neutral. In a note to clients, J.P. Morgan writes, "Google announced today it is acquiring privately held SageTV (terms undisclosed), which makes DVR and media management software. We believe this is a slight negative for...
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Goldman Sachs Comments On Rovi 1Q11 Earnings
Wednesday, May 11, 2011 - 7:22am | 173According to Goldman Sachs, Rovi (NASDAQ: ROVI) reported 1Q2011 revenue and earnings below its and consensus ests as it over-estimated the impact from the Sonic Solutions acquisition, which was completed mid-quarter. Goldman Sachs said that Rovi maintained full year revenue guidance as improving...
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Earnings Preview for Rovi (ROVI)
Monday, May 9, 2011 - 11:13am | 230Rovi (NASDAQ: ROVI) is scheduled to report first-quarter 2011 results after the closing bell Tuesday, May 10. Analysts are looking for the Santa Clara, California-based tech company to announce that earnings came to $0.51 per share. That is an increase of 11.8% from a year ago, as well as unchanged...