KIT Digital, Inc fka KITDQ

[Fast Flyer 03]

.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
6:00a ET July 1, 2013 (Dow Jones) U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH


Among the companies with shares expected to actively trade in Monday's session are InterDigital Inc. (IDCC) and Fleetmatics Group PLC (FLTX).

InterDigital said an administrative law judge overseeing patent-infringement claims against Nokia Corp. (NOK, NOK1V.HE), Huawei Technologies Co. and ZTE Corp. (ZTCOY, 000063.SZ, 0763.HK) found that one of the wireless-technology company's patents were infringed but that the patent was invalid and that another six patents weren't infringed. InterDigital's shares sank 17% to $37.05 after hours Friday.

FleetMatics said it plans to offer eight-million shares, of which, seven million are being sold by certain shareholders. The provider of fleet-management software had more than 34.6 million shares outstanding as of March 31. Shares were down 2.6% to $32.38 after hours.

Watchlist:
Fitch Ratings upgraded its rating on Flowserve Corp. (FLS) one notch further into investment grade, citing the diversified manufacturer's strong credit metrics and solid operating performance.

Health Management Associates Inc. (HMA) urged its shareholders not to respond to an effort by hedge fund Glenview Capital Management to overhaul the company's board.

KIT digital Inc.'s (KITDQ) insurers have agreed to pay $6 million to resolve a series of securities lawsuits tied to the tech company's accounting and acquisitions.

News Corp. has completed the separation of its publishing company, which is called News Corp (NWSA, NWS), from its entertainment divisions, a separate publicly traded company called 21st Century Fox (FOXA, FOX). News Corp owns The Wall Street Journal and Dow Jones Newswires.

Tellabs Inc.'s (TLAB) acting finance chief is resigning to become chief financial officer at fellow telecom-equipment provider Westell Technologies Inc. (WSTL).

Write to Nathalie Tadena at [e-mail]

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(END) Dow Jones Newswires
July 01, 2013 06:00 ET (10:00 GMT)