Intel Corporation (NASDAQ:INTC): Microsoft’s (NASDAQ:MSFT) rumored $199 price for the Surface tablet could squeeze PC vendors out of the market, according to DigiTimes citing unnamed sources. Windows RT partners such as Lenovo (LNVGY), Samsung (SSNLF), Dell (NASDAQ:DELL), and Asustek could be forced to halt the development if the price rumor is true. The shares traded up $0.32 (1.23%) recently at $26.59.
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Broadcom Corp. (NASDAQ:BRCM), a global innovation leader in semiconductor solutions intended for wired and wireless communications, announced today that it will pay its next quarterly cash dividend of $.10 per share to holders of the Company’s common stock. The Board of Directors declared the $.10 dividend on August 16, 2012 and is to be paid on September 17, 2012 to holders of record of the Company’s Class A and Class B common stock at August 31, 2012’s close. The shares traded up $1.20 (3.46%) recently at $35.91.
QUALCOMM Incorporated (NASDAQ:QCOM): Qualcomm Life Inc., which is a wholly owned subsidiary of Qualcomm Incorporated QCOM +0.21%, announced on Wednesday the availability of its new 2net(NYSE:TM) App Software Development Kit (NYSE:SDK) on QDevNet. The SDK delivers a consolidated data stream through 2net Connect Application Programming Interfaces (APIs) from the 2net Ecosystem, which is both one of the most comprehensive and non-exclusive wireless health ecosystems in the world, making it available across different radio technologies, device types, applications, and services. The APIs are offered to developers on multiple data-enabled platforms, including Android, iOS and Microsoft platforms. The shares traded up $0.25 (0.40%) recently at $62.76.
Rambus Inc. (NASDAQ:RMBS) announced that the U.S. Court of Appeals for the Federal Circuit has issued a decision regarding Rambus’s appeal of an ex parte reexamination of Rambus patent No. 6,034,918 (918). Despite the Federal Circuit’s affirmation of the U.S. Patent and Trademark Office’s rejection of claim 18, the decision has not affected the PTO’s former confirmation of the two other claims that were challenged in the reexamination. These two claims were asserted by Rambus and in a jury trial before Judge Whyte in the Northern District of California,were found to be infringed upon by SK Hynix. Claim 18 was not asserted in that patent trial. The shares traded up $0.14 (2.97%) recently at $4.85.
EMC Corporation (NYSE:EMC): Palo Alto Networks (PANW) along with Fortinet (NASDAQ:FTNT), who markets network security platforms, advances after Cisco (NASDAQ:CSCO) reported that its network security revenue was boosted 15 percent year-over-year during Q4. In a note to investors earlier today, research firm FBN Securities wrote that the rise in Cisco’s network security revenue is a good sign for Palo Alto and Fortinet. Furthermore, both stocks could also gain a boost from The San Francisco Chronicle, which last night quoted ISI Group analyst Brian Marshall as saying that either Palo Alto or Fortinet may be acquired by EMC. EMC wishes to acquire more security technology, the newspaper stated. In late morning trading, Palo Alto increased $2.21, or 3.52 percent, to $64.66, while Fortinet gained 43c, or 1.76 percent, to $24.84. The shares traded up $0.76 (2.99%) recently at $26.20.
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