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Maxim Integrated Products targets top banks with patent lawsuits

2015-03-24 07:14:07| Electronics - Topix.net

Several major banks were hit on Monday with lawsuits filed by California-based analog circuits maker Maxim Integrated Products Inc alleging their smartphone banking apps infringe the company's patents. The complaints were filed against M&T Bank Corp and the U.S. affiliates of HSBC Holdings Plc and Banco Santander SA in federal court in Manhattan, alleging the banks' apps, when downloaded to Android devices and Apple Inc products such as the iPhone, use the patents without permission.

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Maxim Integrated Products targets top banks with patent lawsuits

2015-03-24 05:39:58| Semiconductors - Topix.net

Tags: top products integrated banks

Former Chiquita CEO banks $16 million

2015-03-23 13:36:39| Agriculture - Topix.net

Former Chiquita Brands International Inc. CEO Ed Lonergan made more than $16 million when the company was sold in January.

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US close: Banks rise on Fed approval, surging dollar eases

2015-03-13 03:30:27| Toys - Topix.net

US stocks rebounded from a two day losing streak on Thursday, as the dollar retreated from a 12 year high and a number of banks were approved by the Federal Reserve to raise dividends and buy back shares. At close, the Dow Jones Industrial Average was up 1.47% to 17,895.22, the S&P 500 climbed 1.3% to 2,065.95 and the Nasdaq Composite jumped 0.89% to 4,893.29.

Tags: close rise approval dollar