There were no earnings of note in tech this morning. In news, IDCC (+3.0%) announced that its patent holding subsidiaries have entered into an agreement which extends the term of their worldwide, non-exclusive, royalty-bearing patent license agreement with RIMM (+2.1%). Among rumors, INTC's (+2.8%) Web TV service is taking longer than expected to introduce, according to reports. Among notable analyst upgrades this morning in the tech space, FLIR (+5.3%) was upgraded to Buy at Needham. Also, QCOM (+3.7%) was added to Top Picks Live list at Citigroup, while BRCM (+3.4%) was removed, and B. Riley Caris is adding RLD (+2.4%) to the Focus List. Among downgrades, LNKD (-1.7%) was downgraded to Equal Weight at Barclays, NTLS (-3.0%) was downgraded to Neutral at JP Morgan and UMC (+2.1%) was downgraded to Neutral at Citigroup. There are no notable names in tech scheduled to report quarterly results today after the close.
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