Vringo (VRNG) Volatile Ahead of Google (GOOG) Settlement
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Vringo (VRNG) Files Patent Lawsuit Against ZTE Corp.
October 8, 2012 8:31 AM EDTVringo, Inc. (AMEX: VRNG) announced that its wholly-owned subsidiary, Vringo Infrastructure, Inc., filed a patent infringement lawsuit against the UK subsidiary of ZTE Corporation (ZTE). ZTE describes itself as "a leading global provider of telecommunications equipment and network solutions," with recently reported annual revenue of US $13.7... More
Maxim Group Boosts Target on Vingo (VRNG), Sees a Easy Double
October 8, 2012 8:20 AM EDTMaxim Group boosted its price target on Buy-rated Vringo (NYSE: VRNG) from $6.50 to $10 Monday, or more than double the current price level of $4.54.
"It appears that the judge has denied GOOG's motion for summary judgment as there is sufficient difference on factual grounds to necessitate going to court next week on October 16," analyst John Tinker states. "The judge stated that GOOG and VRNG must meet tomorrow, Tuesday, October 9, at 10.30am... More
Vringo (VRNG) Keeps Running Higher on Summary Judgment Call (GOOG)
October 5, 2012 7:25 AM EDTVringo, Inc. (AMEX: VRNG) is the stock we all wish we could be. (Save for Apple, obviously.)
After getting a favorable ruling on Wednesday, sending shares vastly higher, the momentum carried over into Thursday, and shares are higher again Friday morning.... More
UPDATE: Vringo (VRNG) Pops; AOL (AOL) Said to Agree to Partial Patent Case Settlement - DJN
August 6, 2012 10:22 AM EDT(Updated - August 6, 2012 12:39 PM EDT)
Video-ringtone app start-up Vringo (AMEX: VRNG) ripped higher Monday morning following headlines that it settled a portion of its patent litigation with Web search company and serial free-trial... More
