Eastman Kodak, which is intending to auction 1,100 digital patents, got two bids from investor groups counting Apple Inc and Google Inc (NASDAQ:GOOG) of around $150 million and $250 million, according the Wall Street Journal report on Monday.
Insolvent Kodak is selling the patents, which it considers could be valued at $2.6 billion, so as to pay back to creditors. The firm filed for Chapter 11 safety in January following being unsuccessful to carry on as consumers and opponents transferred to digital photography from film photography.
Its competitors include Facebook Inc (NASDAQ:FB) whose revenue remained 4.33 billion with the market capitalization of 46.96 billion and Yahoo! Inc. (NASDAQ:YHOO) whose revenue came in 4.98 billion with the market capitalization of 19.61 billion.
Other technology stocks include AT&T Inc. (NYSE:T) possessing revenue of 127.38 billion, Vringo, Inc. (NYSEAMEX:VRNG) with 0.68 million in revenue, First Solar, Inc. (NASDAQ:FSLR) whose revenue remained 3.12 billion, Activision Blizzard, Inc. (NASDAQ:ATVI) having revenue of 4.41 billion, Clearwire Corporation (NASDAQ:CLWR) with 1.33 billion revenue and Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) revenue came in 14.84 billion.
Google Inc (NASDAQ:GOOG) stock reports on August 07, 2012 decreased 0.02% to the trading price of $642.66. Its fifty two week range is $480.60-$670.25. The total market capitalization remained $210.12 billion.
The overall volume in the current trading session is 1.41 million shares. In its share capital GOOG has 327.03 million outstanding shares among them 261.03 million shares have been floated in market exchange. GOOG stock institutional ownership remained 83.08% while insider ownership included 0.14%.
GOOG is ahead its 52 week low with 33.75% and lagging behind from its 52 week high price with -4.09%. GOOG last month stock price volatility remained 1.88%. The stock price of GOOG is moving forward from its 20 days moving average with +6.52% and remote positively from 50 days moving average with +9.47%.
GOOG current year earnings per share experienced an addition with 13.10% while its current quarter performance remained 5.81%. Company’s beta coefficient included 1.08. Beta factors measures the amount of market risk associated with market trade.
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