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U.S. Morning Call: Apple settles iPad lawsuit in China

Monday, July 02, 2012 - 02:24

July 2 - Apple agrees to pay $60 million dollars to Proview Technologies to settle a lawsuit involving naming rights for the iPad.

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Apple settles and selling goes into the -- out your your morning call this Monday apple eliminating its iPad problem in China. Protect our house agreed to pay sixty million dollars to proview technology. That's Chinese -- that claimed it owned the rights and iPad name in China. He's got -- locked in a court battle there -- means settlement allows apple is -- tablet computer across the country. Apple shares up a fraction premarket while below its 52 week high of 644. Dollars. Executives at German gas producer Lil bit maybe we'd be a bit easier today. The company buying US stocks and respiratory therapy services firm Lincare Holdings. The price tag four point six billion dollars deal gives Linda more access that that's going home care market. It's 41 dollars and fifty cents a share religion here like 22% premium to its Friday close shares trading unit price in the premarket. Micron Technology boosting its chip business shares up in the premarket after it agreed to pay 750 million dollars for Japan LP the memory. A maker chips used in personal computers my -- paying one point 75 billion dollars about -- is that. And Sony -- if you're asking me for a guy that we're about 380 million dollars. His public cloud based streaming platform that enables games be played in a variety of devices without requiring a doubt. And one last deal would tell you about Bristol-Myers agreed late Friday by Amylin Pharmaceuticals were five point three billion dollars. To boost its portfolio diabetes drugs the 31 dollar share price of 10% premium -- -- Friday close. -- trading unit price in the premarket. The -- not giving much of a boost to stocks so far today Dow NASDAQ and SP 500 stock index futures flat higher. Stocks in Europe hired you as we start the first day of trading in the third quarter. The month of June helping to improve the ski team performance. Stocks up nearly 4% in June though the Dow NASDAQ SP 500 world down at least 2.5 percent over the past three months. Troubles in Europe took -- here. And that's your morning call this Monday you can follow us on Twitter at Reuters Insider. And please check out our Reuters UT TV channel Reuters dot com slash Reuters TV I'm Fred Katayama this is Reuters Insider.

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U.S. Morning Call: Apple settles iPad lawsuit in China

Monday, July 02, 2012 - 02:24