were among tech's winners Thursday, surging 18% after the maker of digital-entertainment products settled a patent dispute with
related to MP3-player-interface software.
Creative will receive $100 million in the form of a one-time licensing fee to settle five lawsuits pending between the companies. The payment is expected to add about 85 cents a share to Creative's current quarter, which ends Sept. 30. Shares of Creative Technology were trading up $1.13 to $7.14, while shares of Apple rose 13 cents to $67.44.
shares climbed 5% after the digital-video recording company signed a deal with Cox Communications to provide its DVR and interactive advertising service to certain Cox subscribers. "We are excited to expand our presence in the cable industry by partnering with Cox, a clear leader in driving consumer adoption of the DVR," TiVo said. Financial terms weren't disclosed. TiVo shares were trading up 69 cents to $7.57.
rose modestly after the information-technology company received a $96.4 million contract to make mobile-communications systems for the U.S. Navy. The contract is comprised of one base year and four option years. CACI shares recently changed hands at $51.63, up 10 cents.
( OPSW) slid 9% after the software company posted solid second-quarter results but offered a weaker-than-expected third-quarter earnings projection. For the period ended July 31, the company reported a loss of $3.8 million, or 4 cents a share, on revenue of $25.1 million. Excluding items, Opsware earned $1 million, or a penny a share. Analysts polled by Thomson First Call expected break-even earnings and revenue of $23.2 million. During the year-earlier period, the company reported a loss of $3.9 million, or 4 cents a share, on revenue of $14.1 million.
For the third quarter, Opsware sees break-even earnings and revenue of $25 million to $26 million. Analysts project earnings of 2 cents a share on revenue of $25.8 million. For the full year, the company anticipates adjusted earnings of 3 cents a share and revenue of $102 million. Analysts project earnings of 3 cents a share, with a top line of $100.1 million. Opsware shares were down 54 cents to $6.85.
fell 2% after the search-technology company swung to a second-quarter loss and posted a 58% drop in revenue. For the period ended July 31, the company reported a loss of $11.1 million, or 21 cents a share, on revenue of $3.3 million. The results included stock-based compensation and amortization costs of $5.8 million. During the year-earlier period, the company posted a loss of $25,000, or less than a penny a share, on revenue of $7.8 million. Shares were trading down 11 cents to $6.
Other heavy-volume technology movers included
, up 10 cents to $16.01;
, down 5 cents to $18.33;
, up 73 cents to $13.92;
, up 20 cents to $21.25;
, up 5 cents to $15.37;
, up 6 cents to $25.73;
Sirius Satellite Radio
, up 2 cents to $4.06;
, unchanged at $4.80; and
( LU), unchanged at $2.22.