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$CREE said it has reached a confidential settlement in its patent infringement lawsuit with Harvatek. Harvatek has agreed to a royalty bearing, worldwide license to $CREE patents-in-suit, thereby ending the lawsuit between the parties. Harvatek will pay $CREE a license issue fee and ongoing royalties as part of the license agreement.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.