September 3, 2013 Comments Off on Kodak says it has exited bankruptcy
ROCHESTER, N.Y. — Kodak’s trip through bankruptcy is now a memory for the scrapbook. Kodak says it finished its restructuring and exited Chapter 11 on Tuesday. The company says it’s now a commercial imaging company serving business markets such as ...
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Read More »August 20, 2013 Comments Off on Judge approves Kodak’s bankruptcy-exit plan
NEW YORK — Kodak doesn’t look a whole lot like it did when it filed for bankruptcy protection last year, but its executives and investors are hoping for a picture-perfect future. Many of its products and services are gone, including ...
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Read More »May 1, 2013 Comments Off on Kodak to exit bankruptcy a different company
NEW YORK — Eastman Kodak plans to emerge from bankruptcy protection by the end of September after shedding most of the businesses that turned it into an American icon. The reorganized Kodak will focus instead on commercial imaging and printing, ...
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Read More »December 19, 2012 Comments Off on Kodak to receive $525M from patent sale
ROCHESTER, N.Y. — Eastman Kodak will receive about $525 million from the sale of its digital imaging patents, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year. The Rochester, ...
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Read More »December 10, 2012 Comments Off on Report: Kodak gets patent bid from Apple, Google
NEW YORK — Apple and Google, bitter rivals in smartphone technology, have joined up to make a combined bid for a bundle of patents offered by photography pioneer Kodak, according to a published report. Bloomberg News reported Saturday that Apple ...
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Read More »September 28, 2012 Comments Off on Kodak plans to end consumer inkjet printer sales
NEW YORK — Kodak said Friday that it plans to stop selling consumer inkjet printers and will eliminate 200 more jobs than previously projected as it requested more time to submit its framework for emerging from bankruptcy protection. The Rochester, ...
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Read More »September 10, 2012 Comments Off on Kodak job cuts continue as it aims to exit Ch. 11
NEW YORK — Kodak is reshuffling some executives and continuing to cut jobs as the pioneering photography company tries to emerge from bankruptcy protection. Eastman Kodak Co. said it cut approximately 2,700 employees worldwide since the beginning of the year, ...
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Read More »February 9, 2012 Comments Off on Kodak to stop making cameras, digital frames
ROCHESTER, N.Y. — Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a ...
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Read More »January 10, 2012 Comments Off on Troubled Kodak creates new business structure
ROCHESTER, N.Y. — Eastman Kodak Co. said Tuesday that it has realigned and simplified its business structure in an effort to cut costs, create shareholder value and accelerate its long-drawn-out digital transformation. Its depressed shares shot up 30 percent in ...
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Read More »October 5, 2011 Comments Off on Iconic Kodak fights for its survival
ROCHESTER, N.Y. — Buffeted by foreign competition, then blindsided by a digital revolution, photography icon Eastman Kodak Co. is fighting for survival after a quarter-century of failed efforts to find its focus. The 131-year-old company that turned picture-taking into a ...
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