Summary: FedEx is closing its location in Conover, leading to 66 workers and 3 managers losing their jobs by September. Some workers may be relocated to other FedEx locations and all affected workers will be eligible for severance.
Full articleSummary: WSOU Investments, LLC has been actively litigating patents received from Nokia against various tech companies, including a recent second lawsuit against Cisco involving networking products and services with five patents.
Full articleSummary: Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Watsco, Inc. during the fourth quarter, adding 100 shares valued at approximately $43,000. Several other large investors also modified their holdings of the company. Analysts have given Watsco an average rating of 'Hold' with a target price of $396.00. Watsco stock is down 1.2% and the company has announced an increase in its quarterly dividend to $2.70 per share.
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