Vringo announces u.s. District court order of post-judgment royalty rate of 6.5% against google for continued and willful patent infringement

Vringo, Inc. (VRNG) today announced that on January 28, 2014, the U.S. District Court for the Eastern District of Virginia, Norfolk Division, issued a Memorandum Opinion and Order related to its wholly-owned subsidiary I/P Engine, Inc.`s litigation against AOL, Google et al. for infringement of its patents through their AdWords system.

In the Order, the Court held that the appropriate ongoing royalty rate for defendants` continued infringement of the patents-in-suit that "would reasonably compensate [I/P Engine] for giving up [its] right to exclude yet allow an ongoing willful infringer to make a reasonable profit" is a rate of 6.5% of the 20.9% royalty base previously set by the District Court.

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OpenText Announces Two-For-One Stock Split

Open Text Corporation (NASDAQ:OTEX - News) (TSX:OTC.TO - News) announced today that its Board of Directors has approved a two-for-one stock split of its outstanding common shares. The two-for-one stock split will be implemented by way of a stock dividend whereby shareholders will receive one common share for each common share held. There were 60,473,680 OpenText common shares outstanding as of January 22, 2014. Adjusting for the stock split, there will be 120,947,360 OpenText common shares outstanding.

The record date for the stock dividend will be February 7, 2014 and the payment date will be February 18, 2014. OpenText's common shares will be traded in accordance with the "due bill" procedures of the NASDAQ and the Toronto Stock Exchange from February 5, 2014 through February 18, 2014.

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Logitech Delivers Better-Than-Expected Q3 FY 2014 Results, Raises Full-Year Outlook

Turnaround on Track with Retail Sales Up 4% and Significant Profit Improvement

Logitech International (LOGN.SW)(LOGI) today announced financial results for the third quarter of Fiscal Year 2014, with better-than-expected total sales of $628 million, up 2 percent compared to the third quarter of the prior year. Q3 GAAP operating income was $53 million, with GAAP earnings per share (EPS) of $0.30 compared to a loss a year ago. Q3 non-GAAP operating income was $67 million, with non-GAAP EPS of $0.35, up 84 percent year over year. Cash flow from operations for Q3 was $94 million.

Retail sales for Q3 were up 4 percent year over year. Combined, Logitech’s retail growth categories delivered 62 percent growth compared to the prior year.

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Cray Announces Selected Preliminary 2013 Financial Results

Company Maintains 2014 Outlook

Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced selected preliminary 2013 financial results. The 2013 anticipated results presented in this release are based on preliminary financial data and are subject to change until the year-end financial reporting process is complete.

Based on initial indications, the company completed the system acceptances necessary to achieve its previously provided 2013 guidance of revenue in the range of $520 million for the year. As a result, the company expects to be profitable on both a GAAP and non-GAAP basis for 2013.

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FireEye Announces Fourth Quarter and Fiscal Year 2013 Revenue and Billings Exceeded Guidance Ranges

2014 Revenue and Billings Guidance Ranges Increased to Reflect Mandiant Acquisition

FireEye (FEYE), the leader in stopping today's advanced cyber attacks, today announced preliminary revenue and billings results for the fourth quarter and year ended 2013. Total fourth quarter revenue is expected to be in the range of $55 to $57 million, compared with previous guidance of $52 to $54 million. Total revenue for 2013 is expected to be between $159 and $161 million, compared with previous guidance of $156 to $158 million. Total fourth quarter billings are expected to be in the range of $95 to $100 million, compared with previous guidance of $82 to $86 million. Total billings for the year are expected to be between $254 and $259 million, compared with previous guidance of $240 to $245 million.

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