CEO Antonio Perez

Image by Coleccionando Camaras via Flickr Eastman Kodak Co. is preparing to seek bankruptcy protection in the coming weeks, people familiar with the matter said, a move that would cap a stunning comedown for a company that once ranked among America’s corporate titans The 131-year-old company is still making last-ditch efforts to sell off some of its patent portfolio and could avoid Chapter 11 if it succeeds, one of the people said. But the company has started making preparations for a...Read Full Story

Orlando, FL 11/11/11 (StreetBeat) --Eastman Kodak Company (NYSE: EK) announced the renewal of its agreement with Ohio-based Discount Drug Mart, Inc. to be the drug-chain’s exclusive supplier of photo finishing technology, products and services. Kodak will continue to support Discount Drug Mart’s fleet of Kodak Picture Kiosks and Kodak Adaptive Picture Exchange thermal dry labs.The drug chain is in the process of upgrading its fleet with the latest Kodak innovations such as Facebook Site...Read Full Story

NEW YORK: George Eastman is best known as the inventor of photographic film and founder of Eastman Kodak Co, but his century-old legacy of entrepreneurship now rides on the lesser-known Eastman Chemical Co.That was hardly the case in 1994, when Eastman Kodak spun off its chemicals business to help pay down debt. At that time, Kodak was still a colossus in photography whereas Eastman Chemical was a small player very much in its parent's shadow.But because of a sea change in digital technology...Read Full Story

By Shira Ovide The Journal reported that Kodak has hired restructuring advisers — a possible path to a bankruptcy filing. The disclosure — along with a story from Bloomberg News — is killing Kodak's stock price. Recently, shares had lost more than Eastman Kodak Co. (EK US) plunged 58 percent, to 71 cents, after sliding to 54 cents, the lowest intraday price since at least 1974. The unprofitable 131-year-old camera maker is weighing options including a bankruptcy filing because of concerns...Read Full Story

Eastman Kodak Co. has hired a law firm Jones Day, restructuring advice is to address the growing concerns of investors about the prospects of a trend reversal, but the imaging company said it had no intention of bankruptcy protection.Conveyance of signals by Kodak is stepping up efforts to ensure that has the financial means to complete a reform difficult, strategic and economic. Shares of 131-year-old fell after Kodak revealed last week that it pulled the $ 160 million credit agreement line...Read Full Story

This story was sent to you by Jeffrey Allen (ir@globalcrossroadscapital.com): Kodak explores sale of its valuable patents Published: August 18, 2011 Eastman Kodak Co. Eastman Kodak Co. Latest from The Business Journals Legg Mason's Miller turns to large cap stocks to aid fund returnsKodak may sell patent in RIM spatEastman Kodak loss widens, outlook lower Follow this company has launched its potential sale of patents in hopes of taking advantage of the patent feeding frenzy among...Read Full Story

1ink.us Find out if bankruptcy is right for you. bankruptcy, filing bankruptcy, how to file banruptcy Rochester shares memories after Eastman Kodak bankruptcy Rochesterians visited The Yards gallery at the Rochester Public Market on Saturday, January 21, 2012 — just days after Kodak filed for bankruptcy — to share their memories and thoughts about Kodak. In January, the 131-year-old photography pioneer, filed for bankruptcy. Eastman Kodak announced last month that it’s filing for Chapter 11...Read Full Story

A federal judge has approved Eastman Kodak Co.'s $21.4 million offer to settle class-action lawsuits by black employees who maintained white counterparts were favored for pay and promotion.After almost seven years of litigation, U.S. Magistrate Judge Jonathan Feldman signed off on a deal Friday that pays $1,000 to $50,000 to about 3,000 current and past Kodak workers.Kodak had been accused of paying black employees less than white co-workers, passing them over for promotions and maintaining a...Read Full Story

NEW YORK (Reuters) - Eastman Kodak Co <EK.N> reported a far larger-than-expected quarterly loss and a 25 percent drop in revenue on weakness in digital and licensing sales, sending shares down more than 7 percent.The photography and printing company's revenue fell to $1.93 billion, missing the analysts' average forecast of $2.11 billion, according to Thomson Reuters I/B/E/S.Kodak's digital revenue fell 25 percent, while revenue at its consumer digital imaging group, which includes the licensing...Read Full Story

BBC NewsApple, Oracle, Google, Eastman Kodak: Intellectual PropertyBusinessWeek(This is a daily report on global news about patents, trademarks, copyright and other intellectual property topics. Updates HTC-Apple with company comments, updates Oracle-Google with Google response.) Sept. 8 (Bloomberg) -- HTC Corp., ...Google Hands HTC Patents to Use Against AppleBloombergHTC extends lawsuit versus Apple to patents from GoogleReutersGoogle helps out HTC in patent battleFinancial TimesSlashGear...Read Full Story