Eastman Kodak Co agreed to sell its digital imaging patents for about $525 million, a key step to bringing the photography pioneer out of bankruptcy in the first half of 2013.The deal for the 1,100 patents allows Kodak to fulfill a condition for securing $830 million in financing.The patent deal was reached with a consortium led by Intellectual Ventures and RPX Corp, and which includes some of the world's biggest technology companies, which will license or acquire the patents.Those companies are Adobe Systems Inc, Amazon.com Inc, Apple Inc, Facebook Inc, Fujifilm, Google Inc, Huawei Technologies Co Ltd, HTC Corp, Microsoft Corp, Research In Motion Ltd, Samsung Electronics Co Ltd and Shutterfly Inc, according to court documents.
Apple Inc. (Apple), along with its subsidiaries, is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. Shares of AAPL fell by 0.85% or $-4.52/share to $529.38. In the past year, the shares have traded as low as $392.01 and as high as $705.07. On average, 21791200 shares of AAPL exchange hands on a given day and today's volume is recorded at 11456315.
Adobe Systems Incorporated (Adobe) is a diversified software company. Shares of ADBE traded higher by 1.81% or $0.6796/share to $38.17. In the past year, the shares have traded as low as $27.40 and as high as $38.10. On average, 4402260 shares of ADBE exchange hands on a given day and today's volume is recorded at 3499064.
Amazon.com, Inc. (Amazon.com) serves consumers through its retail Websites and focuses on selection, price, and convenience. Shares of AMZN fell by 0.54% or $-1.405/share to $259.00. In the past year, the shares have traded as low as $166.97 and as high as $264.11. On average, 3443680 shares of AMZN exchange hands on a given day and today's volume is recorded at 1429509.
Facebook, Inc. is a United States-based company, which operates as a social networking Website. Shares of FB fell by 1.62% or $-0.45/share to $27.26. In the past year, the shares have traded as low as $17.55 and as high as $45.00. On average, 62799800 shares of FB exchange hands on a given day and today's volume is recorded at 43429944.
Google Inc. (Google) is a global technology company focused on improving the ways people connect with information. Shares of GOOG fell by 0.45% or $-3.23/share to $717.84. In the past year, the shares have traded as low as $556.52 and as high as $774.38. On average, 2909300 shares of GOOG exchange hands on a given day and today's volume is recorded at 1067586.
Shutterfly, Inc. is a United States-based company, which develops an online digital photo printing service. Shares of SFLY traded higher by 3.04% or $0.86/share to $29.12. In the past year, the shares have traded as low as $21.34 and as high as $35.00. On average, 707718 shares of SFLY exchange hands on a given day and today's volume is recorded at 547112.
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