Kopin Says Jury Awards Damages Of About $24.8 Mln To BlueRadios
(RTTNews) - Kopin Corp., Inc. (KOPN) announced Tuesday that a jury verdict was entered on Monday in the U.S. District Court for the District of Colorado finding for the plaintiff, BlueRadios, Inc. and awarding approximately $5.1 million in damages as well as recommending $19.7 million in disgorgement and exemplary damages.
The Court will take that recommendation under advisement and will rule on the final number after briefing on the issues in the matter of BlueRadios, Inc. v. Kopin Corporation, Inc.
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Kopin Secures $2 Mln Follow-On Production Order For High-Brightness AMLCD
Kopin Corp. (KOPN), a provider of application-specific optical systems and high performance microdisplays for defense, announced Tuesday that it has been awarded a $2 million follow-on production order for its high-brightness active-matrix liquid crystal display (AMLCD).
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Kopin Granted $3.4 Mln Follow-on Order For F-35 Joint Strike Fighter Program
Kopin Corp. (KOPN) announced Monday it has received a $3.4 million follow-on order for its high-brightness liquid crystal display for the F-35 Joint Strike Fighter program. With the F-35 scheduled for production through 2030, Kopin expects additional orders over the life of the program.
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Kopin Inks Technology License Agreement With Lightning Silicon Technology
Kopin Corp. (KOPN) announced Thursday it has entered in a Technology License Agreement with Lightning Silicon Technology, Inc., a California company. Lightning Silicon is a company formed by Dr. John C.C. Fan, Kopin's Chairman of Board, and former Chief Executive Officer, to develop and supply advanced organic light emitting diode (OLED) microdisplays for the consumer augmented reality (AR) and virtual reality (VR) markets.
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Swiss Market Ends Notably Lower
The Switzerland market settled notably lower on Friday, in line with markets across Europe, as upbeat U.S. jobs data raised concerns that the Federal Reserve will likely hold interest rates unchanged from current levels, or go slow on interest rate cuts this year. Data showing an increase in Swiss unemployment weighed as well.
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hace 6h 8min
U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes
The U.S. dollar climbed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for December strengthened expectations that the Federal Reserve will hold rates steady for sometime.
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hace 6h 22min
European Stocks Close Lower As Strong U.S. Jobs Data Fuels Interest Rate Concerns
European stocks closed lower on Friday after stronger-than-expected U.S. jobs data raised concerns that the Federal Reserve will hold interest rates at current levels for longer. Higher Euro zone bond yields, and potential tariff hikes by the U.S. weighed as well on investor sentiment.
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hace 6h 24min
Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns
Canadian stocks are down sharply on Friday with stronger-than-expected U.S. jobs data raising concerns that the Federal Reserve will likely hold interest rates unchanged from current levels for sometime.
Also, a buoyant Canadian employment reports has dimmed the prospects for further easing by the Canadian central bank for now.
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hace 7h 35min
U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge
Consumer sentiment in the U.S. has unexpectedly seen a modest deterioration in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index edged down to 73.2 in January from 74.0 in December. Economists had expected the index to inch up to 74.5.
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hace 9h 28min
