CEO Antonio Perez

Eastman Kodak Co. said Thursday that at the Federal Trade Commission's direction, it will change an advertising slogan to clarify how much consumers can save on ink with its All-in-One inkjet printers. The slogan had claimed consumers can save $110 a year on ink costs by using Kodak's All-in-One inkjet printers. The company has now agreed to add that the $110 in savings depends on a consumer limiting their printing to 1,500 pages a year, or four per day. From now on, Kodak said it would advertise that consumer can, "Save on average $110 per year on ink based on just four pages per ... Read Full Story

WASHINGTON (Reuters) - Eastman Kodak Co has won a preliminary fight with Samsung Electronics, which the camera giant had accused of infringing its digital camera patents. WASHINGTON (Reuters) - Eastman Kodak Co has won a preliminary fight with Samsun .. Read Full Story

Among the earnings stories for Thursday, Oct. 29, from AP Financial News: NEW YORK (AP) — The turnaround effort long sought at Motorola Inc. finally could be on track. ROCHESTER, N.Y. (AP) — Eastman Kodak Co. lost money for a fourth straight quarter and missed Wall Street expectations but struck a more-confident note Thursday that its photography and printing businesses are rebounding steadily from their worst levels during the economic downturn. CHICAGO (AP) — Colgate-Palmolive Co.'s higher prices have continued to stick, helping the consumer products company post an 18 percent higher third-quarter profit. EDISON, N.J. (AP) — Real estate investment trust Mack-Cali Realty ... Read Full Story

A group of former Eastman Kodak Co. workers objected Friday to a proposed $21.4 million deal to settle two lawsuits by black employees who maintain they were paid and promoted less than white counterparts. "The settlement is unfair ... very insufficient," Barbara Searight, who was an assembly line worker at the photography products company for 24 years until 1996. "We feel we were sold out by our lawyers." In July, Kodak proposed paying about 3,000 current and past workers settlement amounts ranging from $1,000 to $75,000. If approved, the deal would end a 2004 class-action lawsuit and a similar lawsuit filed by other black ... Read Full Story

WASHINGTON (Reuters) - The chief executives of Amazon.com Inc, FPL Group, Eastman Kodak and Kraft Foods are among business leaders attending a lunch meeting with President Barack Obama on Thursday, the White House said. Amazon's Jeff Bezos, Florida Power and Light's Lew Hay, Eastman Kodak's Antonio Perez and Kraft's Irene Rosenfeld will have lunch with Obama as part of the administration's continuing outreach to the business community. Topics to be discussed include the health of the financial industry, health insurance reform, climate change policy and job creation, the White House said. Obama's advisers are considering a wide range of options for spurring the U.S. ... Read Full Story