Zings Of The Day July 1, 2011

The U.S. International Trade Commission
essentially shot down a case by Eastman Kodak
Co. (NYSE:
EK
), saying Apple (NASDAQ:
AAPL
) and Research in Motion (NASDAQ:
RIMM
) did not infringe on patents from Eastman Kodak. Maybe they should have called Bill Cosby. He would've known what to do. Apple Inc. (NASDAQ:
AAPL
), along with Microsoft Corp. (NASDAQ:
MSFT
) and Research in Motion Ltd. (NASDAQ:
RIMM
) outbid Google Inc. (NASDAQ:
GOOG
) for a
patent portfolio from Nortel Networks Corp.
The conglomerate paid $4.5 billion for the patents. Apple's portion of the patents will be called the iWinuLose. Carl Icahn announced he has a
9.5% stake in Oshkosh
Corporation (NYSE:
OSK
), and the stock soared today. B'gosh, that's a lot of Oshkosh.
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