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AT&T to Pay TiVo Over Patent Lawsuit

By Tamara Rutter | More Articles
January 4, 2012 | Comments (1)

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Sears Holdings (Nasdaq: SHLD  ) hires Brookstone CEO Ron Boire in a last-ditch move to save its struggling Kmart and Sears brands.
  • ExxonMobil (NYSE: XOM  ) is reportedly looking to sell a majority of its stake in Japan-based refiner TonenGeneral in a deal that could be valued near $5.2 billion.
  • AT&T (NYSE: T  ) will pay TiVo (Nasdaq: TIVO  ) a minimum of $215 million to settle a patent case against the mobile company. TiVo also has patent lawsuits pending against AT&T rival Verizon.

So there you have it -- the top financial stories of the day. If you're interested in getting all the news and commentary on these stocks, sign up for My Watchlist -- it's free!

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You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

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Fool contributor Tamara Rutter does not own any positions in the stocks mentioned here. Follow her on Twitter for more Foolish news @TamaraRutter. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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Related Tickers

5/25/2012 4:00 PM
TIVO $9.17 Down -0.03 -0.33%
TiVo CAPS Rating: *
XOM $82.08 Down -0.53 -0.64%
ExxonMobil Corp CAPS Rating: *****
SHLD $56.84 Up +0.25 +0.44%
Sears Holdings Cor… CAPS Rating: *
T $33.69 Up +0.05 +0.15%
AT&T CAPS Rating: ***

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