Kodak is running its film finishing factory around the clock and needs additional workers to cover the workload, a company spokesperson said.
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October 14, 2022
Comments Off on Demand for film driving need for workers at Kodak
Kodak is running its film finishing factory around the clock and needs additional workers to cover the workload, a company spokesperson said.
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November 10, 2021
Comments Off on Kodak improves bottom line in Q3
Eastman Kodak Co. after the bell on Tuesday reported an improved third-quarter bottom line. Sales for the quarter ended Sept. 30 were $287 million, up from $252 million in the third quarter last year. Net income for the quarter rose ...
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August 25, 2021
Comments Off on Kodak researcher named to Forbes 50 over 50
An Eastman Kodak Co. scientist has been recognized in the inaugural Forbes 50 over 50: Vision List. The new list highlights the exceptional women who are shaping the future of science, technology and art. Kodak Research Fellow and Senior Scientist ...
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August 11, 2021
Comments Off on Kodak reports improvement in Q2
Eastman Kodak Co. after the bell Tuesday reported an improved bottom line and encouraging cash balance in the second quarter. For the quarter ended June 30, the one-time photo giant posted sales of $291 million, up from $213 million in ...
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June 2, 2021
Comments Off on State AG wants Kodak boss to testify about stock buy
New York state Attorney General Letitia James on Tuesday petitioned the court to force Eastman Kodak Co. CEO Jim Continenza to publicly testify about his stock purchase last year ahead of the federal government’s announcement that Kodak was in line ...
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May 13, 2021
Comments Off on Kodak improves bottom line in first quarter
Eastman Kodak Co. this week reported a first-quarter drop in sales but a hefty improvement in its bottom line. For the quarter ended March 31, revenues declined by $2 million to $265 million, compared with the same period in 2020. ...
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April 19, 2021
Comments Off on Kodak acquires Massachusetts manufacturer
Eastman Kodak on Monday said it has acquired the assets of ECRM Inc.’s computer-to-plate (CTP) device business for the graphic arts and newspaper industries. Based in Massachusetts, ECRM is a global leader in imaging technologies for the graphic communications industry, ...
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March 17, 2021
Comments Off on Kodak reports full-year net loss
Eastman Kodak Co. after the bell on Tuesday reported full-year financial results that include a steep decline in revenues and a net loss of $196 million for the year. For the full year ended Dec. 31, the Rochester company reported ...
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March 10, 2021
Comments Off on Golisano firm invests $100 million in Kodak
Grand Oaks Capital, an investment firm founded by Paychex founder Tom Golisano, has committed to invest a total of $100 million in Eastman Kodak Co. The firm purchased $75 million of Kodak’s 5 percent Series C Convertible Preferred Stock and ...
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March 8, 2021
Comments Off on Former Kodak CEO dies
Former Eastman Kodak Co. leader Colby Chandler died March 4. He was 95. Mr. Chandler joined Kodak in the 1950s and served as chairman and CEO from 1983 to 1990. He presided over the company when Kodak employed more than ...
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December 8, 2020
Comments Off on Kodak shares surge on news of DFC loan investigation
Eastman Kodak Co. shares surged on Monday on news that regulators had found no wrongdoing in a loan process that would have had the company manufacturing chemicals for COVID-19 and generic drugs. Following a report from the Wall Street Journal ...
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November 11, 2020
Comments Off on Kodak reports Q3 loss
After the bell on Tuesday, Eastman Kodak Co. reported a third-quarter decline in sales of $63 million and a net loss for the quarter of $445 million. Shares of company stock (NYSE: KODK) were down roughly 2 percent to $6.55 ...
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September 16, 2020
Comments Off on After investigation, legal experts conclude Kodak, executives did not violate any laws
An independent legal review of Eastman Kodak Co.’s actions during and ahead of a July announcement that the Rochester manufacturer was in line to receive a massive loan to produce pharmaceuticals has concluded that the company and its executives broke ...
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August 17, 2020
Comments Off on Kodak shares slide as investigation continues
Eastman Kodak Co. shares (NYSE: KODK) in two days last month skyrocketed more than 1,100 percent, and plummeted 50 percent a few days later. Share price continues to fall following a blunder by Kodak leaders and an investigation by the ...
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August 10, 2020
Comments Off on Kodak shares tank on news of loan suspension
The U.S. International Development Finance Corp. (DFC) has put a hold on its $765 million loan to Eastman Kodak Co. in light of an investigation of the matter by the U.S. Securities and Exchange Commission. The agency made the announcement ...
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