Kodak Falls as ITC Leaves Apple, RIM Claims Unresolved
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Eastman Kodak Co. fell 14 percent in New York trading after a trade panel failed to reach consensus on the camera company’s claims that Apple Inc. and Research In Motion Ltd. infringe its image-preview technology.
The U.S. International Trade Commission case, which Kodak is counting on to help extract $1 billion in licensing fees from Apple and RIM, was extended until Aug. 30, marking the second delay by the Washington-based agency in determining an outcome.