Photographic Equipment & Supplies

(EK) Eastman Kodak Announces Patents for Sale

Eastman Kodak Co. (EK) has put a portfolio of its patents on digital imaging, up for sale. The move entails attracting potential buyers and converting the company’s intellectual property into cash. Kodak’s digital-imaging patents...

22Aug2011 | | 0 comments | Continued

(EK) Fujifilm Holdings Corporation-Mitsubishi Corporation Enter Contract

Fujifilm Holdings Corporation (FUJIY.PK) and Mitsubishi Corporation (MSBHY.PK) entered into a partnership in the contract manufacturing business of biopharmaceuticals. Under this venture, Fujifilm agreed to transfer the ownership of 20% equity interests, in its pharma...

22Jun2011 | | 0 comments | Continued

(EK) Eastman Kodak Sells Microfilm Division

Eastman Kodak Company (EK) recently sold its microfilm products and equipment business to Eastman Park Micrographics Inc.  The financial terms of the deal were not disclosed.

As per the agreement, the company will continue supplying...

12Apr2011 | | 0 comments | Continued

(EK) Eastman Kodak Company – Bear of the Day

We downgrade our recommendation on Eastman Kodak Co. (EK) from Neutral to Underperform based on the recent loss of lawsuit against Apple Inc. and Research In Motion Limited for infringement of patent upon initial determination.

Zacks...

4Feb2011 | | 0 comments | Continued

(EK) Eastman Kodak Company Renews Walmart Contract

Eastman Kodak Company (EK) recently renewed its contract with Canadian subsidiary of Wal-Mart Stores Inc. (WMT), Walmart Canada Corp. The subsidiary...

28Sep2010 | | 0 comments | Continued

(EK) Eastman Kodak Company – Bear of the Day

Eastman Kodak Company (EK) reported disappointing results for the second quarter of 2010 based on lower prices and higher raw material costs. We believe this will continue in the near future based on a slower market recovery.

Thus,...

6Aug2010 | | 0 comments | Continued

(EK) Eastman Kodak Company First Quarter 2010 Earnings Scorecard

Movement of Eastman Kodak Company (EK) stock remained unclear following the first quarter earnings release on April 29. Half of the analysts covering have revised estimates upward while the other half have revised downward.

First...

24May2010 | | 0 comments | Continued

(EK) Eastman Kodak Company Prices $500 Million in Notes

Recently, Eastman Kodak Company (EK) announced the pricing of its private placement of $500 million, the total principal amount of 9.75% senior secured notes due 2018.

Kodak intends to use the net proceeds from the offering to...

4Mar2010 | | 0 comments | Continued

(EK) Eastman Kodak Company Expands Chinese Facility

Last week, Eastman Kodak Company (EK) announced plans to open the second production line for its Xiamen printing plate manufacturing facility in China and the Asia-Pacific region. The expanded, state-of-the-art facility in China’s...

1Feb2010 | | 0 comments | Continued

(EK) Eastman Kodak Company Surpasses Expectations

Eastman Kodak Company (EK) reported results for the fourth quarter and fiscal year 2009.

Kodak reported earnings from continuing operations of $439 million, or $1.36 per share, compared to a loss of $914 million or $3.40 per...

30Jan2010 | | 0 comments | Continued

(EK) Eastman Kodak Disposes OLED Business

Eastman Kodak Co. (EK) announced its plans to sell substantially all the assets associated with its OLED business to a group of LG companies. The company said that this transaction will tighten Kodak’s investment focus and strengthen...

8Dec2009 | | 0 comments | Continued

(CAJ) Canon, Incorporated – Bear of the Day

We believe the sharp appreciation of the yen is eroding Canon‘s (CAJ) revenue and profits. The company expects to improve profitability through product launches and cost-cutting efforts, and Canon...

8Nov2009 | | 0 comments | Continued

(CAJ) Canon Incorporation – Bear of the Day

We believe the sharp appreciation of the yen is eroding Canon’s (CAJ) revenue and profits. The company expects to improve profitability through product launches and cost-cutting efforts.

The company also lowered its revenue forecast but earnings forecast remained unchanged for the full...

8Sep2009 | | 0 comments | Continued