Vringo, Inc. (NASDAQ:VRNG) on May 30 announced that hearings scheduled to have taken place before the High Court of Delhi at New Delhi in both of its lawsuits against ZTE in India have been postponed. Vringo expects the injunction against ZTE will remain in force until at least July 8, 2014. Vringo, Inc. (NASDAQ:VRNG) weekly performance is 12.03%. On last trading day company shares ended up $3.54. Analysts mean target price for the company is $6.13. Vringo, Inc. (NASDAQ:VRNG) distance from 50-day simple moving average (SMA50) is 0.50%.
Spherix Inc. (NASDAQ:SPEX) has started a patent litigation case against Verizon alleging that the company infringed four of its patents. The patents forming the basis of the case were developed by Nortel Networks. The patents are related to FiOS VoIP and other, internet services that are currently provided by Verizon Communications Inc. (NYSE:VZ). Spherix under the litigation seeks recovery of damages for a substantial amount of revenues, as a result, of the patent. Spherix Inc. (NASDAQ:SPEX) shares fell -2.59% in last trading session and ended the day on $1.88. SPEX return on assets is -101.00%.Spherix Inc. (NASDAQ:SPEX) quarterly performance is -58.59%.
Priceline Group Inc. (NASDAQ:PCLN) has negotiated a $2.6 billion entree into the restaurant business. The global travel booking king announced Friday it is acquiring the OpenTable Inc. in a deal that would put Priceline into a new business doing for restaurant reservations much what it does for hotel bookings. The deal should give Priceline a new way to cater to its increasingly mobile-savvy customers, while parlaying Priceline’s global reach to expand OpenTable to other countries. Priceline Group Inc. (NASDAQ:PCLN) shares moved down -2.99% in last trading session and was closed at $1,189.30, while trading in range of $1,186.64 – $1,234.97. Priceline Group Inc. (NASDAQ:PCLN) year to date (YTD) performance is 2.31%.
McGraw Hill Financial Inc. (NASDAQ:MHFI) Insider Lawrence Neal unloaded 1,000 shares of the stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $84.42, for a total transaction of $84,420.00. Following the completion of the sale, the insider now directly owns 31,798 shares in the company, valued at approximately $2,684,387. McGraw Hill Financial Inc. (NYSE:MHFI) ended the last trading day at $83.36. Company weekly volatility is calculated as 0.95% and price to cash ratio as 14.82.McGraw Hill Financial Inc. (NYSE:MHFI) showed a negative weekly performance of -0.39%.
Fiserv Inc. (NASDAQ:FISV) will host former Federal Reserve chairman Ben Bernanke at its annual “Fiserv Forum” this September, the company said on 12 June Thursday. Fiserv Inc. (NASDAQ:FISV) net profit margin is 14.30% and weekly performance is -2.11%. On last trading day company shares ended up $59.91. Analysts mean target price for the company is $61.20. Fiserv Inc. (NASDAQ:FISV) distance from 50-day simple moving average (SMA50) is 1.34%.