The International Trade Commission will rule tomorrow on a case between Apple (NASDAQ:AAPL) and Android device maker HTC over more patent infringements, making it the first of Apple's many ongoing cases to reach a final verdict.
The leading tech company saw another setback after it was denied an injunction on Samsung's Android devices for patent infringements in a U.S. federal court. But, if the ITC rules in Apple's favor, there could be a ban on the import of smartphones and tablets from HTC into the U.S., something Apple couldn't accomplish with Samsung.
HTC would be hurt if the ITC rules in Apple's favor with the company being the largest smartphone company in the U.S. in terms of smartphone sales. HTC last year made about $5 billion in sales in the U.S., more than half of its overall revenue.
There are many other Android-related cases being investigated by the ITC including cases against Motorola Mobility (NYSE:MMI) and Barnes & Noble (NYSE:BKS) from Microsoft (NASDAQ:MSFT) as well as cases brought by Apple also against Motorola.
Apple (NASDAQ:AAPL) has potential upside of 30.5% based on a current price of $389.7 and an average consensus analyst price target of $508.73.
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Dollar General (NYSE:DG) Topped Earnings For Q3, Rose 11.5% Year-Over-Year (potential upside 3%)
Dollar General (NYSE:DG) reported Q3 EPS of $0.50, better than analyst estimates of $0.47, per share. Revenues for the quarter rose 11.5% year-over-year to $3.60 billion, better than consensus estimates of $3.57 billion.
Rick Dreiling, chairman and chief executive officer said, "Dollar General delivered another great quarter, and we expect to continue to build upon our strong track record of delivering excellent results for our shareholders. Our same-store sales increased 6.3 percent in the third quarter, representing our third consecutive quarter of accelerating same-store sales growth and demonstrating our ability to balance the challenges of pricing and rising input costs. Based on these results, we are raising our full year adjusted earnings per share guidance to the range of $2.29 to $2.32."
Dollar General (NYSE:DG) has potential upside of 3% based on a current price of $39.94 and an average consensus analyst price target of $41.13
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Insight Enterprises (NASDAQ:NSIT) Surpasses 1 Million Cloud Seats Managed Across the Globe (potential upside32.7%)
Insight Enterprises (NASDAQ:NSIT) has surpassed a significant milestone in the emerging area of cloud computing, having now sold more than 1 million seats in various cloud offerings.
Insight offers a collection of Cloud solutions including messaging, security, infrastructure and collaboration.
Ken Lamneck, Insight President and CEO said, "Industry trends continue to point to cloud adoption as part of the overall IT strategy for businesses. We anticipate this shift will accelerate growth in all client segments including public, private and hybrid clouds, as clients migrate their selected workloads away from traditional on-premise IT infrastructure and into the cloud."
Insight Enterprises (NASDAQ:NSIT) has potential upside of 32.7% based on a current price of $15.07 and an average consensus analyst price target of $20.
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American Airlines (NYSE:AMR) Obtains Interim Stock, Claims Order for Trading Requirements (potential upside1126%)
On Nov. 29, AMR Corp. (NYSE:AMR) and certain of its subsidiaries, including American Airlines and AMR Eagle Holding, filed a motion with the U.S. Bankruptcy Court for the Southern District of New York seeking an order to prevent certain transfers of AMR Common Stock and certain transfers of claims against the Debtors that could impair the ability of one or more of the Debtors' estates to use their net operating loss carryovers and certain other tax attributes on a reorganized basis.
On Nov. 30, the Bankruptcy Court entered an order on an interim basis granting the Motion. A final hearing on the Motion and requested relief is scheduled for Dec. 22.
AMR (NYSE:AMR) has potential upside of 1126% based on a current price of $0.39 and an average consensus analyst price target of $4.78.
