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Once regarded as a solid blue-chip company, Eastman Kodak began to struggle financially in the late 1990s due to a continuous decline in sales of photographic film. Kodak's management failed to ...
By Tom Jacobs, The Motley Fool The tent pole of Rochester, N.Y.'s economy for a hundred years -- Eastman Kodak -- has filed for Chapter 11 bankruptcy. Once, it was one of the world's most ...
Instead, now under the protection of chapter 11 bankruptcy, Kodak walks into bankruptcy court with nearly $1.6 billion in debt and only $900 million in cash on its balance sheet -- although these ...
The bankruptcy implosion at Eastman Kodak Co. is going from ugly to uglier. How Antonio Perez has been able to remain CEO is more than just a mystery. Perez is naming the leadership for Kodak's ...
On January 19, 2012 Kodak officially filed for Chapter 11 bankruptcy protection, under which the company had until February, 2013 to provide an acceptable restructuring plan. In a video message, Antonio Pérez was quoted as saying, “What everyone should expect from Kodak is business as usual.”
Kodak Alaris is a British-based company currently comprising two divisions: Alaris, hardware and software for digital imaging and information management; and Kodak Moments, retail photo printing kiosks and sales and marketing of traditional photographic film.
David Duprey/AP By Nick Brown and Tanya Agrawal Eastman Kodak, the photography pioneer which invented the digital camera, emerged from Chapter 11 bankruptcy protection Tuesday, with plans to ...
Kodak purchased a concept for a slide projector from Italian-American inventor Louis Misuraca in the early 1960s. [189] The Carousel line of slide projectors was launched in 1962, and a patent was granted to Kodak employee David E. Hansen in 1965. [190] Kodak ended the production of slide projectors in October 2004. [191]