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Upgrades: ACT, AMCN, BASI, BCEI, GSVC, PGNX, SCHL, SPH, TNK, VSAT
Downgrades: CNVR, CVX, GPT, LXU, NS, NSLP, PFMT, VRNG, WLH, WPX, ZIXI
Initiations: SSH
Read on to get TheStreet Quant Ratings' detailed report:
A court in Rio de Janeiro upheld Vringo's (VRNG) request for an injunction against ZTE (ZTCOY) after accusing the company of infringing on one of its patents.
Vringo (VRNG) stock Is higher on Wednesday after the company announced it settled its lawsuit with Tyco International (TYC) over a patent purchased from Nokia (NOK).
Shares of Vringo (VRNG) are rising Wednesday due to a U.S. District Court ruling that says the company is owed royalties by Google (GOOG) and AOL (AOL).