Star Scientific (Nasdaq: CIGX) 41.0% LOWER; a court has just ruled Reynolds (NYSE: RAI) didn't infringe on a Star Scientific patent.
The validity of Star's patent has been upheld. Notably, shares initially surged 30 percent and were halted before dropping back down.
Omnivision Technologies, Inc. (Nasdaq: OVTI) 31.3% LOWER; reported Q1 EPS of $0.76, 4 cents better than the analyst estimate of $0.72.
Revenue for the quarter came in at $276.1 million versus the consensus estimate of $276.59 million.
star scientificUnusual 11 Mid-Day Movers 08/26: (CAMT) (ARUN) (BWS) Higher; (CI...StreetInsider.com News Articles Fri, 08/26/2011 - 10:53
RJ Reynolds wins patent fight with Star ScientificNewsvine - business Tue, 06/16/2009 - 16:51
A federal jury ruled on Tuesday that RJ Reynolds Tobacco Co. did not infringe on two patents claimed by Star Scientific for a tobacco-curing method. |
