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Company News for June 19, 2012

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•    Shares of InterDigital, Inc. (NASDAQ:IDCC) surged 27.1% after it accepted Intel Corporation’s (NASDAQ:INTC) offer to sell the chipmaker 1,700 wireless technology patents and applications for $375 million.

•    Buckeye Technologies Inc. (NYSE:BKI) plunged 9% after it shut down a plant in Florida following a  dryer-drum failure on Sunday which caused structural damage

•    Shares of DSW Inc. (NYSE:DSW) lost 11.3% after it lowered its earnings forecast for the current quarter as well as the full year because sales of goods at clearance price have increased.

•    Facebook Inc (NASDAQ:FB) rose 4.6% after it confirmed acquisition of facial recognition technology from Israel-based in a deal valued between $55 million to $60 million

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