By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Eastman Kodak Company is a multinational US corporation which produces imaging and photographic materials and equipment. Long known for its wide range of photographic film products, Kodak is re-focusing on two major markets: digital photography and digital printing. - Source: Wikipedia
Dolby is ready for its first date with Oscar.
Kodak has found a buyer for its imaging patent portfolios, an important step for the company as it tries to emerge from bankruptcy protection in the first half of 2013.
Eastman Kodak will receive about $525 million from the sale of its digital imaging patents, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year.
Eastman Kodak is selling its digital imaging patents for about $525 million, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year.
Struggling photo pioneer Eastman Kodak Co. said Monday that it has reached an agreement to borrow $793 million, an important step in letting it leave bankruptcy protection in the first half of next year.
Eastman Kodak's losses widened to $312 million in the third quarter as the photo and printing company struggles to emerge from bankruptcy protection.
Kodak said Friday that it plans to stop selling consumer inkjet printers and will eliminate 200 more jobs than previously projected as it requested more time to submit its framework for emerging from bankruptcy protection.
Kodak is postponing indefinitely an auction of its imaging patent portfolios.
Kodak wants to sell its document imaging and personalized imaging businesses to better focus on printing and business services as it tries to emerge from Chapter 11 bankruptcy protection.
Eastman Kodak Co. says its second-quarter net loss widened as it reorganized under bankruptcy protection.
Eastman Kodak Co. says its second-quarter net loss narrowed as it cut costs and reorganized under bankruptcy protection.
Eastman Kodak Co. said Friday its second-quarter loss widened as revenue fell while it reorganized under bankruptcy protection.
The venue for the Oscars has a new name _ and sound.
Kodak will close its online photo service on July 2 after a federal bankruptcy judge approved selling the business to Shutterfly for $23.8 million.
The Oscars will be in Dolby.
