Technology stocks are trying to solidify small gains heading
into Thursday's close with shares of technology companies in the
S&P 500 climbing about 0.2%.
In company news, Document Security Systems Inc. (
) is down over 10% at $1.24 a share, earlier falling to an all-time
low of $1.12 after a Markman hearing in the company's patent case
against Facebook Inc. (
) and LinkedIn Corp. (
) was tabled for an extra four months.
The plunge follows DSS - which merged with DSS Technology
Management Inc. in July - announcing hearing dates for its upcoming
cases, the soonest not occurring before late February. Previously,
the hearing had been scheduled for next month.
DSS executives assert the later start does not reflect badly on
their case, with CEO Jeff Ronaldi saying he views it solely as a
scheduling adjustment that should have no impact on the outcome of
FB is up 2.3% at $42.76 a share, hitting a fresh 52-week high,
while LNKD is ahead 4.5% at $249.66, also reaching a new 52-week
In other sector news,
(+) ENVI, Q2 loss of $0.07 per share is $0.10 narrower than
Street consensus. Revenue rises 6.5% to $11.5 mln, also beating
analyst estimates by $8.4 mln.
(-) EXA, Q2 revenue rose 7.6% year over year to $12.7 mln,
missing analyst view by $350,000. Net loss of $0.04 per share
matches consensus. Guides Q3, FY13 revenue guidance is in-line with
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