Roth Capital analyst Scott Searle downgrades Sierra Wireless (NASDAQ:SWIR) from Buy to Neutral.
Federal Circuit Overturns GM’s Patent Win Against Auto-Parts Provider LKQ
General Motors Co. (NYSE: GM) faced a significant setback as the U.S. Court of Appeals for the Federal Circuit overturned a prior ruling in its favor against LKQ Corp. (NASDAQ: LKQ) over fender design patents. This decision marks a major shift in design-patent law, discarding a long-standing test for determining patent validity and remanding the case to the U.S. Patent Office for further review.
