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Visa Will Acquire Payments Portfolio From Rambus
Tuesday, June 25, 2019 - 10:49am | 251Visa Inc (NYSE: V) will acquire the token services and ticketing businesses, formerly Bell ID and Ecebs LTD, from Rambus (NASDAQ: RMBS) for an undisclosed amount. “As the way people and businesses pay and get paid continues to evolve, the addition of Rambus’ technology will allow us to...
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Market Wrap For June 11: Momentum Hit, Dow Suffers Triple Digit Loss
Wednesday, June 11, 2014 - 3:36pm | 2008U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook. Citing a bitter winter in the U.S., a weaker outlook from emerging markets such as Russia and China, the World Bank expects the global economy to grow 2.8 percent...
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The New High Frequency Trading Landscape: Man Versus Machine
Tuesday, June 26, 2012 - 7:22am | 1275Last week, 11 financial and Wall Street firms, including the Security Traders Association and NYSE-Euronext issued statements on future practices for fair markets. Perhaps not surprisingly, the subject of high frequency trading came up as a prominent issue affecting today's trading exchanges....
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Rambus Meltdown – Does Value Exist?
Wednesday, May 18, 2011 - 10:58am | 229Rambus' shares fell 10.19% yesterday bringing its three consecutive trading day loss to 31.6%. Shares began plummeting on Friday as news emerged that a US Appeals court had agreed the company wrongfully destroyed documents relevant to patent infringement cases involving Hynix and Micron. While...
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Rambus (RMBS) Shares Up 6.8% After Patent Ruling.
Thursday, March 4, 2010 - 5:00pm | 82Shares of Rambus, Inc. (Nasdaq: RMBS) rose 6.8% during Thursday trading after the U.S. Patent and Trademark Office announced a ruling that upheld some of its claims in a patent dispute with NVIDIA Corporation (Nasdaq: NVDA). Rambus announced that some of its claims against NVIDIA were upheld, while...
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Rambus Gets $700 Million Settlement From Samsung
Tuesday, January 19, 2010 - 6:55pm | 220Shares of Rambus Inc. (Nasdaq: RMBS) jumped more than 12% in after hours trading on news that Samsung Electronics will pay Rambus $700 million over five years and invest another $200 million the chip design company. The agreement was reached as part of a settlement between the two companies to end...