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PHG

Philips

$49.45 /

-0.1 (-0.20%)

, GRMN

Garmin

$97.08 /

-0.315 (-0.32%)

12:03
01/10/20
01/10
12:03
01/10/20
12:03

ITC institutes investigation of wearable monitoring devices requested by Philips

The U.S. International Trade Commission has voted to institute an investigation of certain wearable monitoring devices, systems, and components thereof. The investigation is based on a complaint filed by Philips North America and Koninklijke Philips (PHG) on December 10, 2019. The complaint alleges violations of section 337 of the Tariff Act of 1930 in the importation into the United States and sale of certain wearable monitoring devices, systems, and components thereof that infringe patents asserted by the complainants. The complainants request that the USITC issue a limited exclusion order and cease and desist orders. The USITC has identified the following as respondents in this investigation: Fitbit (FIT) of San Francisco, CA; Garmin International, Garmin USA, and Garmin Ltd. (GRMN); Ingram Micro (IM) of Irvine, CA; Maintek Computer Co., Ltd. of Suzhou New District, Jiangsu Province, China; and Inventec Appliances of Shanghai, China. The USITC will make a final determination in the investigation at the earliest practicable time. Within 45 days after institution of the investigation, the USITC will set a target date for completing the investigation. Reference Link

PHG

Philips

$49.45 /

-0.1 (-0.20%)

GRMN

Garmin

$97.08 /

-0.315 (-0.32%)

FIT

Fitbit

$6.61 /

-0.03 (-0.45%)

IM

Ingram Micro

$0.00 /

+ (+0.00%)

PHG Philips
$49.45 /

-0.1 (-0.20%)

12/06/19
Fly Intel: Top five analyst upgrades
07/30/19
Fly Intel: Top five analyst initiations
12/06/19 MSCO
Morgan Stanley upgrades Philips to Overweight, sees valuation as 'compelling'
12/06/19 MSCO
Philips upgraded to Overweight from Equal Weight at Morgan Stanley
GRMN Garmin
$97.08 /

-0.315 (-0.32%)

06/07/19 JPMS
Garmin resumed with a Neutral from Underweight at JPMorgan
01/08/20 RILY
TeleNav impact from Garmin, Ford tie-up likely muted, says B. Riley FBR
08/16/19 TIGR
Aviation, auto technology drive record Garmin quarter, says Tigress Financial
06/07/19
Fly Intel: Top five analyst upgrades
FIT Fitbit
$6.61 /

-0.03 (-0.45%)

11/04/19 DADA
Fitbit downgraded to Neutral from Buy at DA Davidson
11/27/19 DBAB
Second Fitbit suitor should limit downside if deal breaks, says Deutsche Bank
11/04/19 SBSH
Fitbit upgraded to Neutral from Sell at Citi
11/06/19 DADA
Sonos rallies after DA Davidson calls 'natural acquisition target' for Apple
IM Ingram Micro
$0.00 /

+ (+0.00%)

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Initiation
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Recommendations
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Earnings
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Hot Stocks
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Downgrade
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$16.74 /

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+7.14 (+6.56%)

 
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  • 23
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  • 23
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Recommendations
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Recommendations
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$0.41 /

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General news
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Downgrade
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Hot Stocks
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