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Wednesday 29 July 2015
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Pre-Market News Report on: Rovi (NASDAQ:ROVI), Metlife (NYSE:MET), Rowan Companies (NYSE:RDC), Hartford Financial Services Group (NYSE:HIG)

On Friday, Rovi Corporation (NASDAQ:ROVI)’s shares declined -2.64% to $13.63.

Rovi Corporation (ROVI) declared that Rovi prevailed in an infringement proceeding in Italy. The proceeding was initiated by Card Mania and Italvideo, two consumer electronics companies, alleging that the Italian portions of two European Rovi patents (EP 0969662 and EP 1377049) are invalid and not infringed. Rovi counterclaimed that the patents are valid and infringed.

In May 2015, the Court of Turin in Italy issued its decision that Rovi is entitled to a total combined judgment of about $1,000,000. The Court of Turin had formerly found the asserted patents valid and infringed by Card Mania and Italvideo.

Rovi Corporation provides integrated solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics (CE) industry worldwide. The company offers interactive program guides (IPGs), an interactive listing of television or video program information that enables viewers to navigate through, sort, select, and plan video programming for viewing and recording. It markets IPGs to service providers under i-Guide and Passport brands; and CE industry under the G-GUIDE and HTML Guide brands.

Metlife Inc(NYSE:MET)’s shares dropped -0.36% to $57.49.

MetLife, Inc. (MET) declared that it will hold its second quarter 2015 earnings conference call and audio webcast on Thursday, July 30, 2015, from 8-9 a.m. EDT. The call will follow MetLife’s issuance of its second quarter 2015 earnings news release and release of its Second Quarter 2015 Financial Supplement on Wednesday, July 29, 2015, after the market closes. The news release and Second Quarter 2015 Financial Supplement will also be accessible on the MetLife Investor Relations Web page at www.metlife.com.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, counting private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, in addition to mutual funds and other securities products.

At the end of Friday’s trade, Rowan Companies PLC(NYSE:RDC)‘s shares dipped -8.24% to $17.27.

Rowan Companies (RDC) plans to report earnings for the three months ended June 30, 2015 on Wednesday, August 5, 2015, before the open of the financial markets in the United States. Following the earnings report, the Company will conduct a conference call at 10:00 a.m. Central Daylight Time to talk about its operating results. Interested parties can listen to the conference call by telephone or over the internet.

Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 30 self-elevating mobile offshore jack-up drilling units, in addition to 3 ultra-deepwater drill ships. The company operates in the United States Gulf of Mexico, the United Kingdom, and Norwegian sectors of the North Sea, the Middle East, West and North Africa, Southeast Asia, and Trinidad. Rowan Companies plc was founded in 1923 and is based in Houston, Texas.

Hartford Financial Services Group Inc (NYSE:HIG), ended its Friday’s trading session with -0.93% loss, and closed at $46.84.

The Hartford will release its second quarter 2015 financial results on Monday, July 27, following the close of the market.

The company will host a webcast to talk about its second quarter financial results on Tuesday, July 28, at 9 a.m. EDT. The webcast will be accessible on the investor relations section of the company’s website, http://ir.thehartford.com.

The Hartford Financial Services Group, Inc., through its auxiliaries, provides insurance and financial services to individual and business customers primarily in the United States. The company’s Commercial Lines segment offers workers’ compensation, property, automobile, marine, umbrella, liability, and livestock coverage’s, in addition to customized insurance products and risk administration services, counting professional liability, bond, and specialty casualty coverage’s. Its Personal Lines segment provides standard automobile, homeowners, and personal umbrella coverage’s to individuals .

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