Rovi (ROVI +10.3%) steadily rallied today after announcing it has settled its patent spat with...

|About: Rovi Corporation (ROVI)|By:, SA News Editor

Rovi (ROVI +10.3%) steadily rallied today after announcing it has settled its patent spat with Hulu; terms are undisclosed. Shares are closing at levels last seen in June '12, a couple weeks before they crashed thanks to a big Q2 warning. Rovi reaffirmed its 2013 guidance earlier this week.