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QTRH

Quarterhill

$1.09

-0.005 (-0.46%)

, NVDA

Nvidia

$188.48

2.22 (1.19%)

06:43
04/23/19
04/23
06:43
04/23/19
06:43

Quarterhill subsidiary signs license agreement with Nvidia, settles litigation

Wi-LAN, a Quarterhill (QTRH) company, announced that WiLAN's wholly-owned subsidiary, Polaris, has granted a term license for certain patents owned by Polaris to Nvidia (NVDA) as well as options for Nvidia to renew through the life of the patents. The licensed patents relate to memory interface technology and are part of the portfolio that Polaris acquired from Infineon (IFNNY) in June 2015. The license fees payable to Polaris are confidential. The license also settles all litigations pending between the parties in the U.S. Federal Court for the Northern District of California, the District Court of Dusseldorf, Germany and the Inter Partes Review proceedings at the Patent Trial and Appeal Board of the United States Patent Office, some of the written decisions of which are under appeal at the U.S. Court of Appeals for the Federal Circuit. On March 28, the District Court of Dusseldorf found that one of the German patents asserted by Polaris against Nvidia was infringed and would be provisionally enforceable inter alia by an injunction in favor of Polaris, upon Polaris posting a security bond and pending further proceedings in Munich. Subject to the terms of the license agreement however, the injunction granted by the Dusseldorf Court shall not be enforced by Polaris, and Nvidia is not pursuing further proceedings to overturn the District Court decision.

QTRH

Quarterhill

$1.09

-0.005 (-0.46%)

NVDA

Nvidia

$188.48

2.22 (1.19%)

IFNNY

Infineon

$0.00

(0.00%)

  • 09

    May

  • 22

    May

  • 10

    Jun

QTRH Quarterhill
$1.09

-0.005 (-0.46%)

08/02/18
ADAM
08/02/18
UPGRADE
ADAM
Speculative Buy
Quarterhill upgraded to Speculative Buy from Hold at Canaccord
01/07/19
ADAM
01/07/19
DOWNGRADE
ADAM
Hold
Quarterhill downgraded to Hold from Buy at Canaccord
01/07/19
01/07/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Skyworks (SWKS) downgraded to Perform from Outperform at Oppenheimer with analyst Rick Schafer citing the current "semiconductor correction" as well as "continued negative" smartphone news. 2. Snap (SNAP) downgraded to Hold from Buy at Pivotal Research with analyst Brian Wieser saying concerns around employee churn are playing out. 3. PNC Financial (PNC) downgraded to Neutral from Buy at Goldman Sachs with analyst Richard Ramsden saying commercial loan growth has fallen 7 percentage points and is likely to track industry growth rates more closely from here. 4. Quarterhill (QTRH) downgraded to Hold from Buy at Canaccord. 5. Urban Outfitters (URBN) downgraded to Neutral from Overweight at JPMorgan with analyst Matthew Boss saying he sees a "flattish comp downside scenario neutralizing the risk/reward profile." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
NVDA Nvidia
$188.48

2.22 (1.19%)

04/03/19
04/03/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. GrubHub (GRUB) initiated with a Buy at BTIG. 2. AMD (AMD) and Intel (INTC) initiated with a Buy at Nomura Instinet, while Nvidia (NVDA) and Xilinx (XLNX) were initiated with a Neutral. 3. Futu (FHL) initiated with a Neutral at Goldman Sachs. 4. Square (SQ) initiated with a Market Perform at Bernstein. 5. DowDuPont (DWDP) and Dow Inc. (DOW) initiated with a Buy at UBS. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/03/19
NOMU
04/03/19
INITIATION
NOMU
Nomura cautious on Semiconductors near term, calls AMD 'stand out'
Nomura Instinet analyst David Wong rolled out coverage on four names in the U.S. Semiconductors. The analyst has a positive view on long-term semiconductor growth, but cyclical concerns make him cautious in the near term. He models long-term semiconductor annual sales growth of 7%-9% from 2020 to 2025, driven by new technologies, including artificial intelligence, autonomous driving, 5G communications, Internet of Things, and the continued buildout of global datacenter infrastructure. However, the cyclical downturn, which began in the second half of 2018, could "present headwinds" for chip companies through 2019 and possibly in 2020, Wong tells investors in a research note. He foresees continuing year-over-year declines for the chip industry through 2019, with 2019 down about 10%. Nonetheless, the analyst initiated coverage of AMD (AMD) and Intel (INTC) with Buy ratings and price targets of $33 and $65, respectively. AMD's "solid positions" in both the x86 microprocessor and standalone graphics processor markets "make it stand out," says Wong. He believes the company has an opportunity to gain share with the launch of its new microprocessor and GPU families, driving sales growth through 2019, 2020, and beyond. Further, Wong thinks Intel's "dominance" in microprocessors, and in particular its leadership in artificial intelligence and autonomous driving, will drive above-average long-term growth for the company. The analyst also initiated Nvidia (NVDA) and Xilinx (XLNX) with Neutral ratings. He thinks both stocks' valuations already reflect the companies' positives.
04/02/19
NOMU
04/02/19
INITIATION
Target $147
NOMU
Neutral
Nvidia initiated with a Neutral at Nomura Instinet
Nomura Instinet analyst David Wong started Nvidia with a Neutral rating and $147 price target.
04/23/19
PIPR
04/23/19
NO CHANGE
PIPR
Piper sees U.S. ride-hailing market reaching $500B per year by 2040
Piper Jaffray expects the U.S. ride-hailing market will achieve annual revenue of $500B per year by 2040, analysts led by Alexander Potter tell investors in a research note. The firm, which utilized baseline data from the National Household Travel Survey, expects ride-hailing growth to continue, with around one-third of urban trips relying on shared third-party vehicles in 2040. This compares to a baseline of only 1.4% in 2017, and equates to a 20-year annual growth rate of ~14%, the analysts contend. Of the stocks with exposure to this trend, Piper prefers Lyft (LYFT), General Motors (GM) and NXP Semiconductors (NXPI). Other covered companies also warrant mention, including Apple (AAPL), Amazon.com (AMZN), Aptiv (APTV), Ford (F), Nvidia (NVDA), and Tesla (TSLA), says Piper.
IFNNY Infineon
$0.00

(0.00%)

02/22/19
COWN
02/22/19
INITIATION
COWN
Outperform
Infineon initiated with an Outperform at Cowen
Cowen analyst Matthew Ramsay initiated Infineon with an Outperform rating as he believes the company represents a power silicon "powerhouse" tied to the secular trend of electric vehicles growth and to growth of their required charging infrastructure. Ramsay views Infineon shares as a top pick, he added.
10/17/18
EXAN
10/17/18
UPGRADE
EXAN
Neutral
Infineon upgraded to Neutral from Underperform at Exane BNP Paribas
03/07/19
EXAN
03/07/19
UPGRADE
EXAN
Outperform
Infineon upgraded to Outperform from Neutral at Exane BNP Paribas

TODAY'S FREE FLY STORIES

S

Sprint

$6.80

-0.155 (-2.23%)

16:50
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16:50
Options
Sprint put spread is largest block on lightest volume day of the month »

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CAH

Cardinal Health

$43.74

0.26 (0.60%)

16:49
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Syndicate
Breaking Syndicate news story on Cardinal Health »

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DIS

Disney

$135.08

-0.25 (-0.18%)

, SNE

Sony

$55.69

-0.02 (-0.04%)

16:46
08/20/19
08/20
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16:46
Periodicals
Disney-Sony dispute ends Feige's involvement with 'Spider-Man,' Deadline says »

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DIS

Disney

$135.08

-0.25 (-0.18%)

SNE

Sony

$55.69

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AMCR

Amcor

$9.99

-0.12 (-1.19%)

16:45
08/20/19
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16:45
Earnings
Amcor sees FY20 adjusted constant currency EPS growth of approximately 5%-10% »

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AIG

AIG

$53.38

-1.42 (-2.59%)

16:44
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16:44
Hot Stocks
AIG names Sabra Purtill as Deputy CFO, Head of Treasury »

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AMCR

Amcor

$9.99

-0.12 (-1.19%)

16:41
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Hot Stocks
Amcor declares quarterly dividend of 12c per share »

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KLAC

KLA-Tencor

$140.38

-0.06 (-0.04%)

16:41
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16:41
Hot Stocks
KLA-Tencor officer Amichai Steimberg sells over $1.2M in company shares »

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AMCR

Amcor

$9.99

-0.12 (-1.19%)

16:39
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16:39
Hot Stocks
Amcor approves $500M share buyback »

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16:38
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General News
API crude inventories for week of August 16 »

API reports that crude…

JKHY

Jack Henry

$140.79

-0.72 (-0.51%)

16:36
08/20/19
08/20
16:36
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16:36
Earnings
Jack Henry & Associates reports Q4 EPS 79c, consensus 77c »

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CECO

Career Education

$21.94

-0.05 (-0.23%)

16:35
08/20/19
08/20
16:35
08/20/19
16:35
Hot Stocks
Career Education VP Michele Peppers sells over $221K in company shares »

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ALC

Alcon

$62.45

0.66 (1.07%)

16:35
08/20/19
08/20
16:35
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16:35
Earnings
Breaking Earnings news story on Alcon »

Alcon sees FY19 revenue…

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NDSN

Nordson

$135.43

-1.79 (-1.30%)

16:34
08/20/19
08/20
16:34
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16:34
Hot Stocks
Nordson expects flat to modest organic sales growth in FY19 »

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  • 21

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HD

Home Depot

$217.14

9.165 (4.41%)

, KSS

Kohl's

$44.87

-3.33 (-6.91%)

16:34
08/20/19
08/20
16:34
08/20/19
16:34
On The Fly
Fly Intel: Wall Street's top stories for Tuesday »

The S&P 500 halted a…

HD

Home Depot

$217.14

9.165 (4.41%)

KSS

Kohl's

$44.87

-3.33 (-6.91%)

TJX

TJX

$51.55

(0.00%)

ELAN

Elanco

$27.25

-2.57 (-8.62%)

BAYRY

Bayer

$0.00

(0.00%)

SABR

Sabre

$23.73

-0.2 (-0.84%)

FB

Facebook

$183.76

-2.46 (-1.32%)

ENDP

Endo

$3.02

0.47 (18.43%)

MDT

Medtronic

$106.91

2.76 (2.65%)

SRPT

Sarepta

$101.90

-18.26 (-15.20%)

FN

Fabrinet

$46.40

-10 (-17.73%)

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NDSN

Nordson

$135.43

-1.79 (-1.30%)

16:33
08/20/19
08/20
16:33
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16:33
Hot Stocks
Breaking Hot Stocks news story on Nordson »

Nordson reports FY19…

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  • 21

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TOL

Toll Brothers

$36.91

0.52 (1.43%)

16:33
08/20/19
08/20
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16:33
Earnings
Toll Brothers sees FY19 deliveries 7,800-8,100 units »

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  • 21

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ALC

Alcon

$62.45

0.66 (1.07%)

16:33
08/20/19
08/20
16:33
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16:33
Earnings
Alcon reports Q2 core EPS 47c, consensus 48c »

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ORLY

O'Reilly Automotive

$383.21

-2.42 (-0.63%)

16:33
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08/20
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16:33
Hot Stocks
O'Reilly Automotive to acquire Mayasa Auto Parts, terms not disclosed »

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NDSN

Nordson

$135.43

-1.79 (-1.30%)

16:33
08/20/19
08/20
16:33
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16:33
Earnings
Nordson reports Q3 GAAP EPS $1.62, consensus $1.81 »

Reports Q3 revenue $560M,…

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  • 21

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TOL

Toll Brothers

$36.91

0.52 (1.43%)

16:32
08/20/19
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16:32
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16:32
Earnings
Toll Brothers reports Q3 EPS $1.00, consensus 82c »

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  • 21

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16:30
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Options
Preliminary option volume of 15.2M today »

Preliminary option volume…

SCSG

SouthCrest Financial Group

$0.00

(0.00%)

16:28
08/20/19
08/20
16:28
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16:28
Hot Stocks
SouthCrest Financial Group announces $5M share repurchase pact »

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BP

BP

$36.44

-0.42 (-1.14%)

16:25
08/20/19
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16:25
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16:25
Initiation
BP initiated  »

BP initiated with an…

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ABBV

AbbVie

$66.38

-0.17 (-0.26%)

16:23
08/20/19
08/20
16:23
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16:23
Hot Stocks
AbbVie VP Jeffrey Stewart buys over $1M in company shares »

AbbVie VP Jeffrey Stewart…

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  • 09

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CREE

Cree

$58.19

-0.09 (-0.15%)

16:20
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16:20
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16:20
Hot Stocks
Breaking Hot Stocks news story on Cree »

Cree down 7.5% after Q4…

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