TiVo Inc. (Nasdaq: TIVO) narrowed third quarter losses to 8 cents per share compared with 12 cents per share a year earlier as revenue rose amidst lower expenses. Separately, the U. S. Patent and Trademark Office upheld the company's digital video recorder patent claims against EchoStar Communications Corp. (Nasdaq: DISH). Shares of TiVo soared $1.48 to close at $7.46 while EchoStar stock eased 14 cents to close at $42.70.
TiVo Narrows Losses
November 29, 2007 at 17:08 PM EST