Kodak Gains After Winning Decision in Case Against Apple
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Eastman Kodak Co. climbed 5 percent in New York trading after a U.S. International Trade Commission judge said its digital-camera technology doesn’t violate Apple Inc.’s patent rights.
Neither of the two patents in Apple’s case before the ITC were being infringed, and one of the patents is invalid, Judge Robert Rogers in Washington said yesterday. The judge’s findings are subject to review by the six-member ITC, which has the power to block imports of products that infringe U.S. patents.