Wall Street Smiles on Dish Network

A welcomed increase in the value of shares of DISH Network Corp. comes just in time. This has taken place thanks to an upgrade by a Collins Stewart analyst. The reason given for the boost is that the stocks now include much of the cost of the expensive court defeat from the company’s ongoing battle with TiVo Inc.

This ongoing dispute has seen yet another battle lost by DISH when a federal appeals court helped TiVo to collect more than $300 million in damages, interest, and contempt sanctions from the company. DISH of course has said that it intends to appeal the court’s decision.