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RealNetworks Jumps on VeriSign Ruling; J.P. Morgan Upgrades

RealNetworks shares have spiked higher this morning after disclosing late yesterday that an arbitrator ruled in the company’s favor in its dispute with VeriSign. The case concerned allegations that Real had interfered with VeriSign’s planned sale of its mobile messaging unit.

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ICO Global Wins $371 Million Jury Verdict Against Boeing

Shades of Erin Brockovich, minus the poor people: International Global Communications announced yesterday that its breach of contract and fraud case against Boeing was decided in its favor by a California Jury. The company was awarded $371 million in damages, but the jury hasn’t decided whether to award punitive damages as well. What’s another few million?