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What: Shares of Dish Networks
So what: It was a huge news day for Dish. The company, along with EchoStar
Now what: One quarter hardly makes a trend and Dish is coming off of a fourth quarter that saw 156,000 subscribers cut ties. This does, however, give investors reason for optimism for the coming quarters. The patent-suit settlement, meanwhile, removes a significant overhang on Dish's stock and lets investors breathe a sigh of relief since -- as at least one analyst noted -- the amount of the settlement was much lower than expected.
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Fool contributor Matt Koppenheffer does not have a financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.