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Report: Kodak gets patent bid from Apple, Google

NEW YORK (AP) — 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 ...

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Judge: Kodak can end retiree health benefits

A bankruptcy court judge will allow Eastman Kodak Co. to end retiree health benefits at the end of the year as part of its restructuring. In his ruling Monday, U.S. Bankruptcy Court Judge Allan Gropper called the move fair and ...

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Kodak postpones bankruptcy auction on patents

NEW YORK — Kodak is postponing indefinitely an auction of its imaging patent portfolios. An auction hearing had been scheduled in August for Eastman Kodak Co. to sell more than 1,000 patents as it tries to emerge from bankruptcy protection. ...

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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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Kodak online photos going to Shutterfly in July

NEW YORK — Kodak will close its online-photo service on July 2 after a federal bankruptcy judge approved a $23.8 million sale of the business to Shutterfly.   Shutterfly Inc. emerged last month as the sole bidder for Eastman Kodak ...

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Eastman Kodak 1Q loss widens

NEW YORK — Eastman Kodak Co. said Friday that its first-quarter loss widened on hefty charges related to its reorganization under bankruptcy protection and a drop in sales. The company, which filed for bankruptcy protection in January, said its net ...

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Shutterfly stock flies on Eastman Kodak deal

NEW YORK — Shutterfly’s stock climbed after the online photo publishing company emerged as the sole and thus the likely winning bidder for Eastman Kodak’s online photo services business. The company says no other offers have emerged for Kodak Gallery. ...

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Bankruptcy trustee objects to Kodak bonus plan

The U.S. trustee has objected to Kodak’s plan to pay $13.5 million in bonuses to persuade certain employees to stay with the company as it reorganizes under bankruptcy protection. The trustee is an arm of the Justice Department charged with ...

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Kodak plans to lay off 91 workers in Rochester

Eastman Kodak Co. plans to lay off 91 workers at its Rochester operations in June. The Democrat and Chronicle reports that the company has filed a Worker Adjustment and Retraining Notification Act notice with the state Labor Department about the ...

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Kodak proposes bonuses, withdraws benefits cut

BUFFALO — Eastman Kodak Co. is asking for permission to pay about 300 key managers and other employees a total of $13.5 million in bonuses to keep them from leaving the company as it reorganizes under bankruptcy protection. The company ...

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