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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 ...
The likelihood of Kodak entering bankruptcy increases with every delayed asset sale or funding withdrawal. ... Kodak's price has fallen 88%, and it's off over 97% since he assumed the CEO position ...
It's now official -- Antonio Perez has effectively driven Eastman Kodak (NYS: EK) , the once-iconic photography company, into bankruptcy. Eastman Kodak officially sought Chapter 11 bankruptcy ...
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 ...
Prior to joining Eastman Kodak, Antonio Pérez spent 25 years working at Hewlett Packard; at the end of this time he was corporate vice president and a member of the company's executive council. [3] In his career, Perez has held a variety of positions in research and development, sales, manufacturing, marketing and management both in Europe and ...
The Eastman Kodak Company, referred to simply as Kodak (/ ˈ k oʊ d æ k /), is an American public company that produces various products related to its historic basis in film photography. The company is headquartered in Rochester, New York , and is incorporated in New Jersey . [ 2 ]
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Kodak bought the rights to the Atek Publishing System in the early 1980s. At the time of acquisition, Atek was the leading publishing software product for newspapers and magazines. Kodak established contracts with Sun Microsystems which allowed it to sell workstation and server equipment for less money than Sun itself could sell it for.