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VHC

VirnetX

$4.60

(0.00%)

, AAPL

Apple

$172.44

-0.81 (-0.47%)

09:27
04/12/18
04/12
09:27
04/12/18
09:27

VirnetX awarded $502.6M verdict against Apple in patent infringement case

VirnetX (VHC) announced that a jury in the United States Court for the Eastern District of Texas, Tyler Division, in the case VirnetX et al. v. Apple (AAPL), No. 6:12-CV-00855-LED has awarded VirnetX $502.6M in a verdict against Apple for infringing four VirnetX patents, marking the fourth time a federal jury has found that Apple has infringed VirnetX's patented technology. The jury also found that Apple willfully infringed VirnetX's patents. The verdict covers issues of infringement by Apple's redesigned VOD in iOS 7 to iOS 11, the redesigned FaceTime in iOS 7 to iOS 11 and OS X 10.9 and later. "We are extremely pleased with the jury's verdict. We believe that by standing on truth and integrity the verdict is fair and appropriate," said Kendall Larsen, VirnetX CEO and President. "This is the fourth time a jury has confirmed that Apple has been using the technology developed by our inventors."

VHC

VirnetX

$4.60

(0.00%)

AAPL

Apple

$172.44

-0.81 (-0.47%)

  • 01

    May

VHC VirnetX
$4.60

(0.00%)

AAPL Apple
$172.44

-0.81 (-0.47%)

04/10/18
PIPR
04/10/18
NO CHANGE
Target $200
PIPR
Overweight
Apple mindshare grows in Piper's semi-annual teen survey
Piper Jaffray's semi-annual survey of over 6,000 U.S. teens showed that Apple's mindshare among teens grew again, analyst Michael Olson tells investors in a research note. Of the respondents, 82% have an iPhone, the highest percentage ever seen and up from 78% in the Fall 2017 survey, Olson writes. Further, he believes the iPhone may have room to move higher as 84% of teens anticipated their next phone to be an iPhone. He notes that Google's (GOOG, GOOGL) Andriod was the runner up with 11%, down from the Fall survey, and that the Apple Watch was the top smartwatch among teens, garnering 15%. Olson views the survey data as a sign that Apple's "place as the dominant device brand among teens remains intact." He keeps an Overweight rating on the shares with a $200 price target.
04/10/18
KEYB
04/10/18
NO CHANGE
Target $90
KEYB
Overweight
Consumer survey points to Venmo relevance, low Apple Pay interest, says KeyBanc
KeyBanc analyst Josh Beck says that Pay with Venmo (PYPL) awareness was robust with the younger audience. Among the younger audience familiar with Venmo, 18%-21% would prefer to checkout with Venmo, the analyst adds. Beck's Key First Look card data analysis also indicated about 67% of Venmo users do not have a PayPal account, and only 3% of users would prefer to checkout on eBay (EBAY) with Apple Pay (AAPL), indicating minimal impact from eBay incorporating new payment options in the future.The analyst reiterates an Overweight rating and $90 price target on PayPal shares.
04/11/18
MONN
04/11/18
INITIATION
Target $235
MONN
Buy
Apple initiated with a Buy at Monness Crespi
Monness Crespi initiated Apple with a Buy and $235 price target.
04/11/18
04/11/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL), Apple (AAPL), and Facebook (FB) were initiated with a Buy at Monness Crespi. 2. Caterpillar (CAT) initiated with a Buy at Buckingham. 3. JPMorgan (JPM) initiated with a Hold at HSBC. 4. eBay (EBAY) assumed with an Overweight at KeyBanc. 5. Ericsson (ERIC) initiated with a Hold at Berenberg. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

BW

Babcock & Wilcox

$0.90

-0.0052 (-0.58%)

08:41
11/21/18
11/21
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08:41
Conference/Events
Babcock & Wilcox to host conference call »

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AZO

AutoZone

$793.73

-35.77 (-4.31%)

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    Dec

MUFG

Mitsubishi UFJ

$5.56

-0.005 (-0.09%)

08:40
11/21/18
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08:40
Periodicals
U.S. prosecutors probing Mitsubishi UFJ money laundering controls, NY Times says »

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DSX

Diana Shipping

$3.06

-0.11 (-3.47%)

08:40
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Hot Stocks
Diana Shipping announces time charter contract for m/v Alcmeme with BG Shipping »

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  • 26

    Nov

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General news
Oil Action: NYMEX crude »

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SOLO

ElectraMeccanica

$1.39

-0.12 (-7.95%)

08:38
11/21/18
11/21
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08:38
Hot Stocks
ElectraMeccanica CFO Kulwant Sandher to depart, Bal Bhullar to succeed »

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    Dec

LOW

Lowe's

$86.15

-5.19 (-5.68%)

08:36
11/21/18
11/21
08:36
11/21/18
08:36
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Lowe's analyst commentary  »

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LMB

Limbach Holding

$4.85

-1.04 (-17.66%)

, FIX

Comfort Systems USA

$52.64

-1.06 (-1.97%)

08:35
11/21/18
11/21
08:35
11/21/18
08:35
Recommendations
Limbach Holding, Comfort Systems USA, Emcore analyst commentary  »

Limbach Holding price…

LMB

Limbach Holding

$4.85

-1.04 (-17.66%)

FIX

Comfort Systems USA

$52.64

-1.06 (-1.97%)

EMKR

Emcore

$4.42

-0.02 (-0.45%)

03/08/13
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08:34
11/21/18
11/21
08:34
11/21/18
08:34
General news
Jobless Claims data reported »

Week of 11/17 Jobless…

DXCM

DexCom

$119.89

-1.34 (-1.11%)

, GOOG

Alphabet

$1,026.00

7 (0.69%)

08:33
11/21/18
11/21
08:33
11/21/18
08:33
Recommendations
DexCom, Alphabet, Alphabet Class A analyst commentary  »

Verily collaboration more…

DXCM

DexCom

$119.89

-1.34 (-1.11%)

GOOG

Alphabet

$1,026.00

7 (0.69%)

GOOGL

Alphabet Class A

$1,031.22

4.99 (0.49%)

03/08/13
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  • 27

    Nov

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    Dec

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    Mar

LUXTY

Luxottica

$0.00

(0.00%)

08:31
11/21/18
11/21
08:31
11/21/18
08:31
Downgrade
Luxottica rating change  »

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AGCO

Agco

$57.86

0.5 (0.87%)

, DE

Deere

$138.49

-4.04 (-2.83%)

08:29
11/21/18
11/21
08:29
11/21/18
08:29
Hot Stocks
Agco drops 2% after Deere issues FY19 guidance »

Shares of farm equipment…

AGCO

Agco

$57.86

0.5 (0.87%)

DE

Deere

$138.49

-4.04 (-2.83%)

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  • 21

    Nov

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    Nov

USCR

U.S. Concrete

$34.14

-1.6 (-4.48%)

08:25
11/21/18
11/21
08:25
11/21/18
08:25
Recommendations
U.S. Concrete analyst commentary  »

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  • 05

    Dec

HUM

Humana

$307.50

-2.87 (-0.92%)

, WBA

Walgreens Boots Alliance

$79.82

-2.11 (-2.58%)

08:25
11/21/18
11/21
08:25
11/21/18
08:25
Recommendations
Humana, Walgreens Boots Alliance, Amazon.com, CVS Health, Aetna, UnitedHealth analyst commentary  »

Humana-Walgreens…

HUM

Humana

$307.50

-2.87 (-0.92%)

WBA

Walgreens Boots Alliance

$79.82

-2.11 (-2.58%)

AMZN

Amazon.com

$1,495.60

-16.07 (-1.06%)

CVS

CVS Health

$75.52

-3.02 (-3.85%)

AET

Aetna

$204.15

-3.535 (-1.70%)

UNH

UnitedHealth

$261.52

-4.52 (-1.70%)

03/08/13
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  • 27

    Nov

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    Dec

$DJT

DJ Transportation Average

$0.00

(0.00%)

08:21
11/21/18
11/21
08:21
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08:21
Technical Analysis
DJ Transportation Average: Pivot points »

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$DJU

DJ Utility Average

$0.00

(0.00%)

08:20
11/21/18
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Technical Analysis
DJ Utility Average: Pivot points »

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DJX

Dow Jones Industrial Average

$0.00

(0.00%)

08:20
11/21/18
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Technical Analysis
Dow Jones Industrial Average: Pivot points »

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JEC

Jacobs Engineering

$65.06

-7.9 (-10.83%)

08:20
11/21/18
11/21
08:20
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Recommendations
Jacobs Engineering analyst commentary  »

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  • 27

    Nov

  • 19

    Feb

IYT

iShares Transportation Average

$184.16

-5.75 (-3.03%)

08:20
11/21/18
11/21
08:20
11/21/18
08:20
Technical Analysis
iShares Transportation Average: Pivot points »

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08:20
11/21/18
11/21
08:20
11/21/18
08:20
General news
U.S. Durable Goods Preview »

U.S. Durable Goods…

08:20
11/21/18
11/21
08:20
11/21/18
08:20
General news
U.S. initial jobless claims preview: »

U.S. initial jobless…

XLK

Technology Select Sector SPDR

$64.22

-1.42 (-2.16%)

08:19
11/21/18
11/21
08:19
11/21/18
08:19
Technical Analysis
Technology Select Sector SPDR: Pivot points »

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XLE

Energy Select Sector SPDR

$64.98

-2.17 (-3.23%)

08:19
11/21/18
11/21
08:19
11/21/18
08:19
Technical Analysis
Energy Select Sector SPDR: Pivot points »

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XLY

Consumer Discretionary Sector SPDR

$101.42

-2.35 (-2.26%)

08:19
11/21/18
11/21
08:19
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08:19
Technical Analysis
Consumer Discretionary Sector SPDR: Pivot points »

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XLB

S&P Select Materials SPDR

$53.45

-1 (-1.84%)

08:19
11/21/18
11/21
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08:19
Technical Analysis
S&P Select Materials SPDR: Pivot points »

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