Wednesday, April 20, 2011

TiVo Soars On Court Ruling In Patent Case

Shares of TiVo Inc. (NASDAQ: TIVO) soared more than 33% on Wednesday after it won an affirmance of contempt of disablement provision in its patent case with Dish Network (Nasdaq: DISH). A U.S. appeals court ordered a new hearing to determine if Dish continues to infringe a TiVo patent. TiVo Inc., together with its subsidiaries, provides television technology and services that include digital video recorders (DVRs) in the United States and internationally.  Stay tuned for more.

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