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Tag Archives: digital imaging

Kodak borrows $160M, stock plunges

Shares of Eastman Kodak Co. lost one-quarter of their value Monday morning after the 131-year-old photography pioneer, scrambling to redefine itself in a cutthroat digital arena, drew down $160 million from its revolving credit line.

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Kodak posts wider 2Q loss on lower revenue

While surging sales of inkjet printers are helping Eastman Kodak Co., the photography pioneer said Tuesday its second-quarter loss widened to $179 million on slumping revenue from digital cameras and film. Aiming to cross back to profitability ...

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