Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of film expert Eastman Kodak
So what: It's no secret that the film business isn't what it used to be, so Kodak has been using its hefty portfolio of patents in recent years to help fund its transition to new, 21st century businesses. Unfortunately, the company hit a roadblock today in the form of U.S. International Trade Commission Judge Paul Luckern, who said that phones from Apple
Now what: Not surprisingly, Kodak doesn't agree with the finding, and it actually does have a bit of history on its side: It has already won respective settlements of $550 million and $400 million from Samsung and LG Electronics over the same patents. There's still hope for Kodak investors since this is only considered the "initial determination recommendation" and is not yet a final ruling. But unfortunately for investors with an itch for instant gratification, the final decision on the matter isn't due until late May.
Want to keep up to date on Eastman Kodak? Add it to your watchlist.
Apple is a Motley Fool Stock Advisor recommendation. The Fool has written puts on Apple. The Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
Fool contributor Matt Koppenheffer does not own shares of any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy prefers dividends over a sharp stick in the eye.