Wednesday, June 11, 2014

6/11/2014 PIPCO Pre-Market News

Rambus (RMBS) had a number of announcements this morning ahead of its analyst day in NYC:
- They signed a licensing agreement with Qualcomm.

- They updated Q2 guidance and reaffirmed FY2014 guidance.

- They unveiled CryptoManager secure feature management platform.

I don't have a position in RMBS, but the moves they have made have been impressive for the past year or so.  I believe they have settled all outstanding litigation and have really developed their business.

Spherix (SPEX) announced they have filed a joint stipulation of dismissal in relation to Charter's declaratory judgment (DJ) claims and agreed to a 90 day good faith negotiating period.

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