U.S. Appeals Court Revives InterDigital Patent Claims Against Nokia
InterDigital Inc. (IDCC) shares rose sharply Wednesday after a federal appeals court revived patent infringement claims the company made against Nokia Corp. (NOK) in 2007.
LightSquared Lenders Want Documents From Harbinger, Falcone
LightSquared's lenders says Philip Falcone's Harbinger Capital Partners won't hand over documents they are requesting as part of an investigation over whether they can pursue claims against Harbinger and the wireless satellite company.
Spain's Endesa Open to Negotiating Chile's Enersis Capital-Increase Amount
SANTIAGO, Chile--Spain's Endesa SA (ELEZY, ELE.MC), the controlling shareholder of Chilean utility-holding company Enersis SA (ENI, ENERSIS.SN), is open to negotiating the amount of a planned capital increase by Enersis, an Endesa executive said Wednesday.
BMW Group US July Car Sales Rise 4%, Brand Sales Fall 0.5%
BMW AG's (BMW.XE) total US sales rose 4% in July compared to the same month a year earlier, to 27,152 vehicles, the German company said Wednesday.
British American Tobacco Buys 155,000 Shares for Treasury
British American Tobacco PLC (BATS.LN) said Wednesday that it bought 155,000 shares for treasury at an average price wof 3,411.86 pence per share.
Losses on Irish Mortgage-Backed Securities To Rise - Fitch
Investors who hold bank debt securities backed by home loans issued by some Irish lenders are facing higher losses than previously estimated as Ireland's economy takes longer than expected to recover from its banking crisis, Fitch Ratings said Wednesday.
Fresenius to Decide on Rhoen-Klinikum Takeover This Month
Fresenius SE & Co. KGaA (FRE.XE) will decide in August whether it will try again to take over German hospital operator Rhoen-Klinikum AG (RHK.XE) after a failed attempt in June, Fresenius Chief Executive Ulf Schneider said Wednesday.
Rosneft Swings To Net Loss Of $248 Million
Russian state-controlled oil producer OAO Rosneft (ROSN.RS) Wednesday announced an unexpected second-quarter net loss of 8 billion Russian rubles (248 million dollars) on the back of lower crude prices, the ending of tax breaks for its giant Vankor field, and foreign exchange losses because of
Wm Morrison Supermarkets Buys 700,000 Shares for Cancellation
Wm Morrison Supermarkets PLC (MRW.LN) said Wednesday that it bought 700,000 shares for cancellation at 277.37 pence per share.
140 Stocks Impacted by NYSE Probe of Unusual Trading
NYSE said it is reviewing trades that took place between 9:30 a.m. and 10:15 a.m. ET in the following 140 symbols.