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Author Archives: Mike Dickinson

For Kodak, first quarter brings even more red ink

Eastman Kodak Co.’s first-quarter bottom line again was drawn in red, with its loss widening by nearly 50 percent as revenues dropped sharply. But the company pointed to signs of progress including reduced costs and improved liquidity since its U.S. ...

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THE LOOP

Mystery brew The May/June issue of Draft Magazine-that’s draft beer, not the annual NFL prospect extravaganza-reviews an American pale ale from Barrel Trolley Brewing.   The magazine lists the firm as being in Rochester, N.Y. It turns out the brand ...

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Kodak plans to lay off 141 workers, most by early summer

Eastman Kodak Co. plans to lay off 141 more workers, a filing with the state Department of Labor states. That brings the total number of announced layoffs since the company filed bankruptcy to 527.

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Kodak logs bigger loss, drop in sales

Eastman Kodak Co. on Friday reported its first-quarter loss widened by nearly 50 percent as its revenues dropped sharply. Still, the company said it has reduced costs and improved its liquidity since filing bankruptcy in January.

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The Loop

Brains over brawn Heading into this week’s NFL draft, a plethora of mock drafts had forecast the Buffalo Bills taking an offensive tackle or a wide receiver with their first pick last night.   One prediction sure to be wrong, ...

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Broiling in Beantown The heat and the Kenyans, of course, were the story at this year’s Boston Marathon. But dozens of runners from this region were among more than 20,000 who braved the course.   Locals in the race included ...

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Mound magic One of Rochester’s all-time top athletes is Johnny Antonelli. Longtime locals likely have a problem hearing his name without thinking of the Firestone tire distributorship he owned for some 40 years.   But before he became the tire ...

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Willy and the war Bloomberg Businessweek’s latest cover story, "Steve Jobs’ Last War," tells the tale of "Apple’s jihad" against Google’s Android operating system. It delves into the intellectual property clashes between Apple and both HTC and Samsung, and the ...

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The ‘anti-Walmart’   The Atlantic magazine website describes Wegmans as the "anti-Walmart."   Heady stuff for Wegmans, which continues to expand, methodically, throughout the mid-Atlantic at a pace that fits the company’s strategy but seems snail-like for communities and potential ...

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Rappin’ Rochester   Rochester a stodgy place? That’s the old rap.   The UR has put out a new rap-literally-and a lot of people like it.   A music video created by the university’s Office of Admissions gives an intro ...

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IP revenue plunge hits Kodak

Financial analysts for years have criticized Eastman Kodak Co.’s reliance on intellectual property deals and asset sales to pump up its top and bottom lines.   Those revenue streams largely dried up in the fourth quarter, and the impact on ...

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The Loop

Ursula’s faves Fortune magazine recently asked a trio of prominent national business leaders, including Xerox CEO Ursula Burns, which companies they hold in high esteem and why.   Ursula split up the question into categories: established global brands, relatively new ...

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