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Kodak’s 3Q loss widens as company reorganizes
Eastman Kodak’s losses widened to $312 million in the third quarter as the photo and printing company struggles to emerge from bankruptcy protection. The loss reported late Tuesday compares to a loss of $222 million at the same time last year. Revenue for the three-month stretch ending in September totaled $1 billion. That’s a 19 […]
Kodak posts 1Q loss on weaker sales
Eastman Kodak Co. said Thursday it lost $246 million in the first quarter — its third quarterly loss in the last year — on weaker digital camera and film sales. The results missed Wall Street expectations, and its shares fell 20 cents, or 6.3 percent, to $2.97 in pre-market trading.
Freddie Mac posts $4.1B loss for Q3
WASHINGTON, D.C. — Government-controlled mortgage buyer Freddie Mac on Wednesday posted a narrower loss of $4.1 billon in the third quarter as it asked for an additional $100 million in federal aid — substantially less than the $1.8 billion it sought in the second quarter.
Berkshire defends accounting
OMAHA, Neb. — Warren Buffett’s company is defending its decision not to write down the value of its investments in Kraft Foods, US Bancorp and other stocks even though they were worth nearly $1.9 billion less at the end of 2009 ...
AOL posts huge 2Q loss
NEW YORK CITY — Internet company AOL Inc. reported a $1 billion-plus net loss for the second quarter because of charges for a decline in its share price and the sale of social networking site Bebo.
Kodak suffers 2Q loss
ROCHESTER — Robust inkjet printer sales and fewer charges narrowed Eastman Kodak Co.’s loss to $168 million in the second quarter, but its slumping film business cast a shadow over the photography pioneer’s prolonged digital transformation.
Constellation posts 4Q loss, dim forecast
ROCHESTER — Constellation Brands Inc., which markets Mondavi wine, Svedka vodka and Corona beer, offered a lackluster outlook for its alcoholic drinks Friday as U.S. sales of wine and imported beers remained sluggish ...
Case Digests
- NYS Advisory Committee on Judicial Ethics – Attorney misconduct: Opinion 22-164
- NYS Advisory Committee on Judicial Ethics – Independently written bench book: Opinion 22-163
- Fourth Department – Suppression: People v. Saeli
- Second Circuit – RICO: Horn v. Medical Marijuana Inc.
- NYS Advisory Committee on Judicial Ethics – Uncompensated interview: Opinion 22-159
- NYS Advisory Committee on Judicial Ethics – Uncompensated guest speaker: Opinion 22-158
- Fourth Department – Negligent performance: Rosenthal v. Syracuse University, et al.
- Second Circuit – Visual Artists Rights Act: Kerson v. Vermont Law School Inc.
- NYS Advisory Committee on Judicial Ethics – Former foreclosure referee: Opinion 22-157
- NYS Advisory Committee on Judicial Ethics – College honorarium: Opinion 22-156
- Second Circuit – Reasonable accommodation: Tafolla v. Heilig
- Fourth Department – Labor Law: Primisch v. Peroxychem LLC
Law News
- Appeals court upholds Supreme Court ruling
- Assistant district attorney appointed City Court judge by Rochester mayor
- Murder conviction affirmed despite trial judge error
- NY appeals court upholds conviction in burglary case
- Federal lawsuit reinstated against jail officer over strip search, delayed release
- Hyzon to pay $25M penalty to settle alleged fraud charges by SEC
- NY appeals court reinstates lawsuit over contract to remove snow
- Fourth Department affirms $400K judgment in contract dispute
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