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PLAY BEAT THE STREET GAME NOW
Updated from 1:25 p.m. A patentholder has sued merger partners Sirius SIRI and XM XMSR, claiming infringement. Attorneys representing Austin, Texas-based Keystone Autonics are seeking an injunction, damages and legal fees against the satellite radio duo, according to a lawsuit filed last month in U.S. District Court for the Eastern District of Texas. The patent at issue was awarded to George Hindman of Keystone Autonics in January. It applies to specific input and display processing of wireless data for satellite radios. The patent is a modification of an earlier patent, also held by Hindman, that applied to radios and CD players. The lawsuit asserts that the patented technology, among other things, helps enable mobile features such as global positioning system, or GPS, location services, as well as crash- and theft-detection functions. "The claim is without merit," says an XM representative. "Our system has nothing to do with the patent at issue." Sirius declined to comment. Attorneys representing Keystone Autronics couldn't immediately be reached for comment. On Monday, Sirius was up 4 cents at $3.28, and XM was up 23 cents to $13.39.
The prospect of a merger should make this pick soar. Plus, an update on Amgen.
Sirius and XM are undervalued and have a speculative twist.
They'll still be able to get its huge programming after the merger, it says.
Howard got rich; other investors will get nothing.
Guidance is in line.
Revenue beats targets, though.
Apple and AT&T were among the most searched stocks on TheStreet.com Friday. Here's what Cramer had to say about them recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Looking for deep value with Defiance Asset Management, polling big investors about where the market's headed, plus much more.
See who made what calls.
3 Stocks I Saw On TVDan Fitzpatrick examines three stocks viewed on Fast Money and Mad Money Today's stocks include Deere & Co., Petrobras and MBIA
TheStreet.com Ratings checks in on First Community Bancorp and First Niagara Financial Group two months after recommending the stock.
Take-Two's latest hit receives a perfect score from industry reviewers.
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