The following is excerpted from a May 18, 2011 article by Ben Dobbin published at Yahoo! Finance:
Stock in Eastman Kodak Co. rose sharply Wednesday after staff investigators at the U.S. International Trade Commission sided with the photography pioneer in its patent-infringement battle with smartphone giants Apple Inc. and Research in Motion Ltd.
The third-party investigators at the federal agency, which oversees trade disputes, found that Apple and Canada-based RIM infringed an image-preview patent Kodak obtained in 2001. They recommended an order barring imports of Apple's iPhones and Research In Motion Ltd.'s BlackBerry phones.
Kodak is attempting to negotiate a royalty-paying deal that CEO Antonio Perez estimates could be worth up to $1 billion.
Read the full article here.