Contempt Ruling Agains Dish Network And EchoStar Upheld
An appeals court upheld a contempt ruling against Dish Network Corp. (Nasdaq: DISH) and EchoStar Corp. (Nasdaq: SATS) in a patent infringement case filed by TiVo Inc. (Nasdaq: TIVO). Shares of Dish Network dropped $1.37 to $20.34 while EchoStar stock eased 6 cents to $19.74. TiVo stock leaped $5.71 to $15.92.
