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 Technology Stocks | Rambus (RMBS) - Eagle or Penguin


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From: Don Green12/21/2011 11:53:10 AM
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Rambus to Pay $10.8 Million to Settle Options Dating SuitDecember 21, 2011, 10:15 AM EST

By Sophia Pearson

Dec. 21 (Bloomberg) -- Rambus Inc. said it will pay $10.8 million to settle one of two remaining lawsuits over claims the company backdated stock option grants before 2006.

The settlement resolves a lawsuit brought by investor Stuart Steele in 2008 and related to grants that were incorrectly dated or accounted for prior to 2006. The majority of the grants in dispute occurred between 1998 and 2001, the company said today in a statement. The case was scheduled to go to trial in March, Rambus said.

Former Rambus Chairman Geoff Tate quit the board in 2006 after an internal investigation uncovered option backdating, a practice that can enrich recipients by setting grant dates to times when the stock traded lower, building in extra profit. The practice is illegal unless disclosed and recorded as expenses.

In September 2007, the company paid $18 million to settle a suit brought by shareholders who claimed executives misled them about Rambus’s financial performance and its options backdating.

The case is Steele v. Rambus, 08-cv-113682, Superior Court of California, Santa Clara County

--Editors: Charles Carter, Andrew Dunn

To contact the reporter on this story: Sophia Pearson in Philadelphia at spearson3@bloomberg.net.

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net

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To: Don Green who wrote (93484)12/23/2011 6:31:55 AM
From: DHB
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Rambus, Broadcom sign licensing deal, agree to share toys


It never hurts to stop arguing, hug it out and agree on a patent licensing deal. Today, Rambus -- which has a history of litigating against chip makers it feels are have violated its intellectual property rights and filed a complaint against Broadcom to the International Trade Commission in 2010 -- signed a licensing deal that resolved previous claims for Broadcom's technology. In the statement, Rambus said it will license its patent for integrated circuits used in chips made by Broadcom. The company did not disclose any financial details related to the deal, or which technology would be part of the agreement, though Broadcom is typically renowned for its wireless networking chips which are often found in WiFi, Bluetooth and cellular-capable devices. In other news, Rambus and Broadcom have added each other as Xbox Live friends and gotten to level 36 in Modern Warfare 3 co-op gamepla

By Chris Barylick posted Dec 23rd 2011 2:28AM








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From: hdl12/23/2011 10:39:58 AM
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rmbs up a tad on brcm deal from low level after AT loss.

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From: Don Green12/24/2011 12:29:59 AM
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Buyers Accumulating Shares of Rambus on 1.8x Above-Average Volume (RMBS)


Published on Fri, 12/23/2011 - 13:59
Shares of Rambus are trading today in above average volume, with the share price rising 15.0% to $8.42. Today's volume of 6.0 million shares tops the average 30-day volume of 3.4 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

Rambus share prices have moved between a 52-week high of $22.20 and a 52-week low of $4.00 and are now trading 111% above that low price at $8.42 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 5% while the 200-day MA has slid 1.7%.

Rambus Inc. designs, develops, licenses, and markets high-speed chip-to-chip interface technology to enhance the performance and cost-effectiveness of consumer electronics, computer systems, and other electronic systems. The Company licenses semiconductor companies to manufacture and sell memory and logic ICs incorporating Rambus interface technology.

There is potential upside of 36.6% for shares of Rambus based on a current price of $8.42 and an average consensus analyst price target of $11.50. The stock should run into initial resistance at its 50-day moving average (MA) of $12.29 and subsequent resistance at its 200-day MA of $14.49.

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From: Don Green1/4/2012 12:45:59 PM
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JPMorgan Chase & Co. (JPM) Analysts Reiterate a “Neutral” Rating on Rambus (RMBS)Posted by LUSA Staff on Jan 4th, 2012






Separately, analysts at BWS Financial reiterated a “buy” rating on shares of Rambus in a research note to investors on Friday, December 23rd.Rambus (NASDAQ: RMBS)
‘s stock had its “neutral” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. ( NYSE: JPM) in a research note issued to investors on Wednesday. The analysts currently have a $11.50 price target on the stock.
Rambus Inc. (Rambus) is a premier technology licensing company. The Company is engaged in designing, developing and licensing chip interface technologies and architectures. The chip interface technologies are designed for customers’ semiconductor and system products for computing, gaming and graphics, consumer electronics and mobile applications. Rambus also develops a range of solutions, including leadership and industry-standard chip interfaces that it provides to it’s customers under license for incorporation into their semiconductor and system products. In addition to its leadership solutions, the Company offers industry-standard chip interface solutions, including double data rate (DDR). It also offers digital logic controllers for Peripheral Component Interconnect (PCI) Express and DDRx memory. In December 2009, the Company added lighting technology to its portfolio of solutions through the acquisition of technology from Global Lighting Technologies Inc (GLT).

Shares of Rambus traded down 2.59% during mid-day trading on Wednesday, hitting $7.90. Rambus has a 52 week low of $4.00 and a 52 week high of $22.20. The stock’s 50-day moving average is $7.97 and its 200-day moving average is $12.67. The company has a market cap of $868.7 million and a price-to-earnings ratio of 47.71.

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From: hdl1/19/2012 11:13:49 AM
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up a tad. there will be a motion by rmbs for a new AT trial soon.

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From: hdl1/25/2012 10:21:01 AM
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rmbs up a tad.

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To: hdl who wrote (93490)1/25/2012 12:35:51 PM
From: Don Green
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On life support, looking for a pulse?

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From: Don Green1/26/2012 7:17:11 PM
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Rambus posts 4Q loss as revenue falls

(AP) SUNNYVALE, Calif. — Technology licensing company Rambus Inc. said Thursday that it posted a fourth-quarter loss, reversing a profit from a year ago, as research and marketing costs rose while revenue fell.

The net loss in the three months that ended Dec. 31 came to $28.7 million, or 26 cents per share. A year earlier, it earned $33.1 million, or 29 cents per share.

Excluding one-time items like the cost of restating stock-based compensation and related legal expenses, adjusted earnings came to 8 cents per share, compared with adjusted earnings of 28 cents per share in 2010's fourth quarter.

Revenue fell 8 percent to $83.4 million from $90.9 million a year ago.

Shares fell 62 cents, or 7 percent, to $8.30 in after-hours trading, after ending regular trading down 28 cents, or 3 percent, at $8.92.

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To: Don Green who wrote (93492)1/28/2012 10:27:33 AM
From: hdl
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you failed to post re decision invalidating barth patents. rmbs must appeal to cafc.

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