InterDigital Deal Could Signal 3G iPhone

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Rumors of the Day: Wireless technology provider InterDigital's(IDCC) licensing deal with Apple(AAPL) could indicate a 3G iPhone is coming, according to StreetInsider.com. In a filing with the Securities and Exchange Commission, InterDigital said it "granted a license to Apple under InterDigital's patent portfolio covering the current iPhone and certain future mobile phones, if any." InterDigital shares soared $2.99, or 14.1%, to $24.20, while Apple dropped $3.60 to $131.89.

Meridian Gold(MDG) said Friday morning that discussions with third parties did not result in an agreement to sell the company. "This in no way changes the board's view that holding Meridian Gold shares is a superior value proposition to Yamana [Gold]'s(AUY) inadequate offer," the company said in a statement. Meridian fell $2.35 to $29.29 and Yamana Gold lost 61 cents at $11.81. ...