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Author Archives: Mike Dickinson

THE LOOP

The blame game Not since Jan Wong has an out-of-town writer been less likely to be invited to dinner in Rochester.   We got comments about this one from as far away as Chicago and Texas.   Rich Karlgaard, publisher ...

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Eastman Kodak files for Chapter 11 bankruptcy protection

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Eastman Kodak Co. shortly after 1 a.m. Thursday announced it had filed for bankruptcy. Kodak filed voluntary petitions for Chapter 11 business reorganization. The company expects to complete the restructuring during 2013. The company has obtained  a $950 million debtor-in-possession credit facility.

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Kodak files patent lawsuit against Samsung

Eastman Kodak Co. on Wednesday announced it has filed a lawsuit against Samsung Electronics Co. Ltd., alleging the company is infringing patents related to Kodak digital imaging technology.

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Kodak stock drops on bankruptcy talks report

Shares of Eastman Kodak Co. stock fell some 24 percent by midday—or 16 cents a share—after a new report that the company is in talks regarding bankruptcy financing.

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OSHA cites metal manufacturer for violations

The U.S. Department of Labor’s Occupational Safety and Health Administration has cited a Livingston County manufacturer for alleged violations.

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Moody’s downgrades all its Kodak ratings

Moody’s Investors Service on Thursday said it has lowered all of its ratings on Eastman Kodak Co. The move affects some $1 billion in debt securities.

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THE LOOP

Ad nauseum Tom Golisano has been getting panned on blogs and in tweets since he was quoted in a Dec. 20 Bloomberg article, "Bankers join billionaires to debunk ‘imbecile’ attack on top 1%."   The article, written by Max Abelson, ...

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Kodak shares rise after pair of moves

Eastman Kodak Co. stock was up 9 percent midday Friday after the company announced, after the market closed Thursday, a deal to sell its gelatin business and it elected a new president.

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