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Eastman Kodak Co. says its hometown work force has dipped to just over 5,000 employees, a decrease of 2,000 over the past two years. The Rochester-based photography company tells the Democrat and Chronicle that local job cuts by Kodak totaled ...
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Troubled Kodak moves to drop some retiree benefits
BUFFALO — Eastman Kodak Co. is seeking to drop health care benefits for retirees who stopped working after 1991 and are eligible for Medicare. The request comes as the photography company seeks to emerge from Chapter 11 bankruptcy proceedings that ...
Tagged with: Health care Kodak
Read More »LA co. challenges Kodak move to dump theater deal
The owner of Hollywood’s Kodak Theatre is challenging bankrupt Eastman Kodak Co.’s effort to end its sponsorship agreement and have the company’s name removed from the Academy Awards venue. CIM Group of Los Angeles has filed an objection in U.S. ...
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Read More »Kodak to stop making digital cameras
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 century ago. Founded ...
Tagged with: Bankruptcy Kodak photography
Read More »Kodak wants its name off LA home of Oscars show
Eastman Kodak Co. is looking to get out of its naming rights contract with the Los Angeles theater that hosts the Academy Awards. The Democrat and Chronicle reports that the iconic photography company filed a motion this week in U.S. ...
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Read More »Leaders discuss region’s economic outlook
University of Rochester President Joel Seligman, along with Gary Keith, vice president and regional economist at M&T Bank, were featured speakers at the Annual Economic Breakfast at Locust Hill Country Club on Wednesday. Both speakers identified Eastman Kodak Co.’s Chapter ...
Read More »Workers, retirees, area leaders ponder outlook
The ripple effect from Eastman Kodak Co.’s bankruptcy reorganization extends in many directions: Employees brace again for layoffs, retirees fret over health care coverage, and the photography icon’s biggest debtors and stakeholders — from movie studios and big-box retailers to ...
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Read More »Duffy on Kodak: We’ll get through this
Lt. Gov. Robert J. Duffy had not originally planned to talk about Eastman Kodak Co. when he was in town Thursday, but news of its filing for Chapter 11 bankruptcy protection was pretty much the talk of the town. Duffy, ...
Tagged with: Kodak Lt. Gov. Robert Duffy
Read More »Kodak creates new business structure
5:02 p.m. UPDATE: Eastman Kodak Co. has filed patent-infringement lawsuits against Apple Inc. and HTC Corp., claiming the smartphone makers are infringing several of its digital-imaging inventions. The lawsuits, filed Tuesday in federal court, claim that some of Apple’s iPhones, ...
Read More »Report: Kodak may file for bankruptcy
AP File Photo An uncomfortable suspicion that an icon of American business may have no future pushed investors to dump stock in Eastman Kodak Co. Wednesday.The ailing photography pioneer’s shares fell to a new all-time low after the Wall Street ...
Tagged with: Bankruptcy Kodak
Read More »Kodak in danger of shares being delisted from NYSE
Eastman Kodak Co. has been warned by the New York Stock Exchange that its stock will be delisted if the price remains below $1 per share for the next six months, the ailing photography company said Tuesday. The exchange put ...
Read More »Kodak agrees to sell gelatin business
NEW YORK — Eastman Kodak Co. says it agreed to sell its gelatin business in a move that could help take pressure off the cash-strapped company. Kodak is selling the Eastman Gelatine business to Rousselot, a division of the Vion ...
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