Pendrell (PCO -47.5%) shares are cut nearly in half at the open, after the California state...

|About: Pendrell Corporation (PCO)|By:, SA News Editor

Pendrell (PCO -47.5%) shares are cut nearly in half at the open, after the California state appeals court overturned a ruling against Boeing that had awarded $604M to PCO, formerly ICO Global Communications Ltd., in a 2008 lawsuit.