Why WiLAN Shares Won Again Today

Is this meaningful? Or just another movement?

| More on:
The Motley Fool

Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.

What: Shares of technology licensing firm WiLAN (TSX: WIN) jumped another 10% today after reaching an agreement to settle litigations with HTC.

So what: The stock spiked on Tuesday after settling its patent dispute with Alcatel-Lucent, so today’s news reinforces the notion that WiLAN’s opponents are indeed feeling the pressure to negotiate before the CDMA/WiFi trial in October. While financial terms of the deal weren’t disclosed, the deal with HTC certainly bodes well for the pending patent suits that WiLAN still has against the likes of Apple, HP, and BlackBerry.

Now what: As part of the agreement, which is expected to be finalized by the end of October, the five pending lawsuits between WiLAN and HTC will be settled. “We are pleased to have reached this agreement with HTC,” said WiLAN CEO Jim Skippen. “In taking its first license, HTC will join many other handset makers, including Samsung, LG, and Motorola, who recognized the value of the many wireless inventions in our patent portfolio.” Of course, WiLAN shares are still off about 30% from its 52-week highs even with this week’s surge, so there might be time for enterprising Fools to cash in on any future settlements.

Assembling an air-tight portfolio can be a tall order. But every seasoned investor knows this little secret: You can build your portfolio and protect it with high-yielding dividend stocks! Now, which dividend plays are the best, you ask? We found 13 of them …

To help take the guesswork out of dividend investing, The Motley Fool assembled a Special FREE Report, “13 High-Yielding Stocks to Buy Today.” Just click below to receive a copy at no charge!

The Motley Fool’s purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool Canada’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead.

Follow us on Twitter and Facebook for the latest in Foolish investing.

Fool contributor Brian Pacampara doesn’t own shares in any companies mentioned.  David Gardner owns shares of Apple.  The Motley Fool owns shares of Apple.  

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

More on Investing

Business man on stock market financial trade indicator background.
Investing

Is Cargojet Stock a Buy at Today’s Price?

Given its long-term growth potential and discounted stock price, I am bullish on Cargojet.

Read more »

Silver coins fall into a piggy bank.
Stocks for Beginners

Why Dollarama Stock Keeps Going Up

Dollarama stock (TSX:DOL) continues to climb, with shares up 35% in 2024 alone. But does that mean the best has…

Read more »

oil and gas pipeline
Energy Stocks

Pipeline to Prosperity: Invest in Enbridge and Pembina Stock

Here's why pipeline companies such as Enbridge and Pembina should be on the shopping list of income investors in July…

Read more »

grow dividends
Investing

These 2 Stocks Have Risen a Blistering 20% So Far This Year, and They’re Not Done Yet

Agnico Eagle Mines (TSX:AEM) and another hot stock still look cheap enough to buy on strength.

Read more »

Various Canadian dollars in gray pants pocket
Stocks for Beginners

4 Stocks Under $50 New Investors Can Buy Confidently

These four stocks are some of the best options for new investors, with share prices under $50 that anyone can…

Read more »

Oil industry worker works in oilfield
Energy Stocks

If You Invested $1,000 in Headwater Exploration Stock 5 Years Ago, This Is How Much You’d Have Now

Here's why Headwater Exploration (TSX:HWX) stock has been an active investor's dream come true over the past half decade

Read more »

TFSA (Tax-Free Savings Account) on wooden blocks and Canadian one hundred dollar bills.
Retirement

TFSA: 2 Canadian Dividend Stocks to Buy for a Self-Directed Retirement Portfolio

Top TSX dividend stocks look oversold and offer attractive yields.

Read more »

A colourful firework display
Dividend Stocks

2 Potentially Explosive Stocks to Buy in July

Just because a company is a blue-chip TSX stock, doesn't mean the growth is all but over. In fact, these…

Read more »