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Judge Sides With Vringo on Most Definitions in Patent Suit

By Ben Fox Rubin A U.S. district court sided with video-ringtone company Vringo Inc. (VRNG) regarding four out of six issues in an ongoing patent case it has against a handful of major companies. Intellectual-property firm Innovate/Protect, which agreed to merge with Vringo in March, filed a patent suit against AOL Inc. (AOL), Google Inc. (GOOG), IAC/InterActiveCorp. (IACI), Gannett Co. Inc. (GCI) and Target Corp. (TGT) last year. The company acquired eight patents from Lycos involving relevance-filtering technology and claims two of those patents were infringed. A hearing, known as a Markman hearing, was scheduled to define the specific meanings of a handful of disputed terms in the suit, such as "collaborative feedback data" and "a scanning system." A judge on Friday sided with four out of six of Vringo's definitions, and sided with the defendants on the other two. Shares, which were halted midday, closed Monday up 9.5% at $4.02 amid the Markman ruling. The stock has quadrupled this year, after tumbling in 2011, amid the merger deal, as well as an investment from tech investor and Dallas Mavericks owner Mark Cuban. Write to Ben Fox Rubin at ben.rubin@dowjones.com

Stock News for Target (TGT)
DateTimeHeadline
08/27/201514:10:00Dollar General Profit Rises on Higher Sales
08/27/201514:09:00Dollar General Profit Rises on Higher Sales
08/27/201508:10:00Dollar General Earnings Edge Above Expectations
08/27/201507:52:00Dollar General Earnings Edge Above Expectations, But Sales Miss
08/25/201515:45:08Quarterly Report (10-q)
08/24/201516:42:00Target Pays $2.8 Million to Resolve Discrimination Charge...
08/24/201514:20:00Target Pays to Resolve Discrimination Charge
08/24/201514:01:00Target Pays $2.8 Million to Resolve Discrimination Charge
08/19/201513:28:00Target Lifts Earnings Outlook -- 3rd Update
08/19/201511:56:00Target Lifts Earnings Outlook -- 2nd Update
08/19/201509:10:00U.S. Stock Futures Fall
08/19/201509:01:00Target Lifts Earnings Outlook -- Update
08/19/201508:40:00Target Lifts Earnings Outlook
08/19/201508:31:00Target Lifts Outlook
08/19/201508:03:55Current Report Filing (8-k)
08/19/201508:00:00Target Reports Second Quarter 2015 Earnings
08/18/201513:40:00Target Reaches Settlement With Visa Over 2013 Data Breach
08/18/201508:00:00Target Corporation to Webcast 2nd Quarter Earnings Conference...
08/17/201516:34:06Statement of Changes in Beneficial Ownership (4)
08/17/201515:52:00Target Promotes John Mulligan to Chief Operating Officer -- 3rd...

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