Eastman Kodak (EK) Up on Apple, RIM (AAPL) (RIMM) Patent Talk

The probability Eastman Kodak (NYSE:EK) may get a windfall settlement with Apple (NASDAQ:AAPL) and Research in Motion (NASDAQ:RIMM) for patent infringement has shares of the stock jumping today.

According to CEO Antonio Perez, Eastman "deserves to win" in their patent suit with the two mobile media and communications giants.

Speculation is with Kodak winning recent patent suits against LG and Samsung, there is a good chance they'll win this one as well, with an announcement from the U.S. International Trade Commission coming later today.

At stake today is whether or not the Commission will review a judge's prior findings that Apple's iPhone and Research In Motion's BlackBerry don't violate Kodak's patent on an image- preview feature in camera phones.

The major source of revenue for Kodak in the future appears to be from licensing, which at this time drives from $250 to $350 million for them, and that doesn't include what they may get from Apple and Research In Motion.

Eastman was trading at $3.42, up $0.29, or 9.27 percent, as of 11:38 AM EDT.