Kodak employee sues company directors over stock
(Reuters) - An Eastman Kodak employee filed a civil lawsuit against Kodak's board members and other fiduciaries of the photography companies' retirement plans, saying they breached their duties as the company was spiraling toward bankruptcy. Mark Gedek, who continues to work at Kodak, said in the lawsuit that he is a participant in the Kodak Employees Savings and Investment Plan as well as the ...
5 Growth Catalysts for Apple
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (MagicDiligence.com) -- I write about value-oriented stock investments. My "universe" is the set of stocks screened by Joel Greenblatt's Magic Formula Investing technique, which includes only some of the ...
Bankruptcy fears again hit Kodak's stock
Bankruptcy fears again hit Kodak's stock ROCHESTER, N.Y. (AP) — Shares of Eastman Kodak Co. are falling sharply amid renewed fears that the embattled photography pioneer is preparing to file for bankruptcy protection. Citing three unidentified people familiar with the negotiations, Bloomberg says Kodak may seek protection from creditors within weeks, then hold an auction to sell its digital ...
Kodak, Photography Pioneer, Files for Bankruptcy Protection
Eastman Kodak Co., the photography pioneer that introduced its $1 Brownie Camera more than a century ago, filed for bankruptcy court protection from creditors after consumers worldwide transitioned from film to digital technology.
Photo pioneer Kodak files for bankruptcy
Century-old photography pioneer Eastman Kodak, which brought photography to the masses, filed for bankruptcy early Thursday, succumbing to a 15 year digital assault by rivals.
Former trailblazer Kodak files for bankruptcy
Kodak's moment has come and gone.The glory days, when Eastman Kodak Co. ruled the world of film photography, lasted for over a century. Then came a stunning reversal of fortune: cutthroat competition from ...
Former trailblazer Kodak files for Chapter 11
Kodak's moment has come and gone.The glory days, when Eastman Kodak Co. ruled the world of film photography, lasted for over a century. Then came a stunning reversal of fortune: cutthroat competition from ...
Photography pioneer Kodak files for bankruptcy
ROCHESTER, N.Y. - Is Kodak's moment past? The glory days when Eastman Kodak Co. ruled the world of film photography lasted for over a century.
Kodak restructures business amid financial woes
Eastman Kodak Co., once a photography pioneer, was pummeled by consumers' switch to digital.