Interest rates are up again today; the concern is that a December taper is not off the table.» Read More
LONDON, Nov 29- There is widespread agreement on the problem facing Europe's troubled oil refining sector but no consensus about how to solve it.
Sept 3- Eastman Kodak Co, the photography pioneer which invented the digital camera, emerged from Chapter 11 bankruptcy protection on Tuesday, with plans to continue as a smaller digital imaging company. The new Kodak will focus on commercial products such as high-speed digital printing technology and printing on flexible packaging for consumer goods.
The decision by AT&T's U-verse pay-TV service stemmed from a contract dispute over terms to carry the new channel, AT&T spokesman Mark Siegel said. Before AT&T's announcement, Al Jazeera America said it would be available in more than 40 million homes, roughly half the reach of Time Warner Inc's CNN.
NEW YORK, Aug 20- Eastman Kodak Co, once a mighty photography pioneer, earned court approval on Tuesday for a plan to exit bankruptcy as a much smaller digital-imaging company. Bankruptcy Judge Allan Gropper in New York puts Kodak on track to exit bankruptcy in about two weeks.
NEW YORK, Aug 20- Eastman Kodak Co, once a mighty photography pioneer, earned court approval on Tuesday for a plan to exit bankruptcy as a much smaller digital-imaging company. The green light from U.S. Bankruptcy Judge Allan Gropper puts Kodak on track to exit bankruptcy in about two weeks, an attorney for Kodak said.
*Kodak to focus on commercial imaging. NEW YORK, Aug 15- A federal bankruptcy judge rejected a bid by Eastman Kodak Co shareholders to set up a committee to represent their interests, and the company won the backing of creditors for its reorganization plan as it prepares to seek court approval next Tuesday to emerge from Chapter 11..
NEW YORK, Aug 15- A federal bankruptcy judge rejected a bid by Eastman Kodak Co shareholders on Thursday to set up an official committee to represent their interests, as the company prepares to seek court approval next Tuesday to emerge from Chapter 11..
WILMINGTON, Del., Aug 1- Detroit's bankruptcy filing last month brought a double-barreled bonus for lawyers- lots of much-needed work, and, due to a quirk of municipal bankruptcy law, no apparent need to disclose the fees they charge. A spokesman for the U.S. Bankruptcy Court in Detroit said Rhodes would not comment.
NEW YORK, June 25- The framework of a plan by Eastman Kodak Co to restructure as a commercial imaging business was approved by a bankruptcy judge on Tuesday, bringing the former photography company one step closer to exiting from Chapter 11 protection.
June 20- Eastman Kodak Co said on Thursday that it had reached a $895 million financing deal with three Wall Street banks that will help fund its rebirth as commercial imaging business after the former film pioneer emerges from bankruptcy.
The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.
A firm's worst enemy is itself: success with past innovations leads it to ignore, stifle, or ridicule the next big innovation, says this author.
CNBC's Herb Greenberg reveals his worst CEO pick for 2012. And the winner is...
*Kodak hopes to emerge from bankruptcy in 2013. Oct 30- Eastman Kodak Co on Tuesday said its third-quarter loss grew 41 percent from a year earlier, reflecting restructuring and other costs as the bankrupt camera pioneer shifts its business focus toward printing from photography.
A great management team and an innovative product is what entrepreneurs need to attract investors.
Oct 12- Eastman Kodak Co said it will begin discussions with various creditor groups on a reorganization plan to emerge from bankruptcy protection. Kodak said there is interest from various parties in its commercial imaging business and interest among several potential lenders to finance the business.
Oct 12- Eastman Kodak Co said it will begin discussions with various creditor groups on a reorganization plan to emerge from bankruptcy protection. Kodak said the global August employee count will be reduced by 1,500.. The case is In re: Eastman Kodak Co et al, U.S. Bankruptcy Court, Southern District of New York, No. 12-10202..
Oct 12- Eastman Kodak Co:. commercial imaging business- SEC filing. cost savings of about $9 million in August.
Oct 11- The following are the top stories in the Wall Street Journal on Thursday. *BAE Systems Plc and EADS called off their merger after the UK, France and Germany failed to agree on how much influence they should have over the combined entity.
ROCHESTER, N.Y.-- Eastman Kodak Co. said Wednesday it has asked a bankruptcy court judge to allow it to end retiree medical and some other benefits at the end of the year as part of its restructuring.