Stock Blog Hub » Photographic Equipment & Supplies

(EK) Eastman Kodak Announces Patents for Sale

vitalstocks — Mon, 22 Aug 2011 14:44:07 +0000

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 are estimated to worth $3 billion, of late. In July, Kodak announced selling 1,100 patents on digital imaging equivalent to about [...]

(EK) Eastman Kodak Announces Patents for Sale

(EK) Fujifilm Holdings Corporation-Mitsubishi Corporation Enter Contract

vitalstocks — Wed, 22 Jun 2011 17:05:37 +0000

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 subsidiaries to the new partner, Mitsubishi Corporation. Fujifilm’s wholly-owned, biopharmaceutical contract manufacturing subsidiaries include FUJIFILM Diosynth Biotechnologies U.S.A. Inc. (FDBUS) [...]

(EK) Fujifilm Holdings Corporation-Mitsubishi Corporation Enter Contract

(EK) Eastman Kodak Sells Microfilm Division

vitalstocks — Tue, 12 Apr 2011 20:33:47 +0000

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 current microfilms, service and support for microfilm equipment. Furthermore, Eastman Park Micrographics will acquire Kodak’s North Carolina-based data conversion services [...]

(EK) Eastman Kodak Sells Microfilm Division

(EK) Eastman Kodak Company – Bear of the Day

vitalstocks — Fri, 04 Feb 2011 17:12:09 +0000

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 reduced its fiscal 2011 and 2012 estimate being pessimistic on the final decision to be released on May 23. [...]

(EK) Eastman Kodak Company – Bear of the Day

(EK) Eastman Kodak Company Renews Walmart Contract

vitalstocks — Tue, 28 Sep 2010 14:11:12 +0000

Eastman Kodak Company (EK) recently renewed its contract with Canadian subsidiary of Wal-Mart Stores Inc. (WMT), Walmart Canada Corp. The subsidiary is a leading photo retailer in Canada. The contract was renewed so as to that Walmart Canada remains Eastman Kodak’sprimary operator for retail photo kiosks and dry lab systems. As per the agreement, Kodak [...]

(EK) Eastman Kodak Company Renews Walmart Contract

(EK) Eastman Kodak Company – Bear of the Day

vitalstocks — Fri, 06 Aug 2010 16:49:06 +0000

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, we reduced our earnings estimate for the quarter and fiscal year. Moreover, a highly competitive market and [...]

(EK) Eastman Kodak Company – Bear of the Day

(EK) Eastman Kodak Company First Quarter 2010 Earnings Scorecard

vitalstocks — Mon, 24 May 2010 21:14:14 +0000

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 Quarter Highlights Although Eastman Kodak missed the Zacks Consensus Estimate by 50 cents, the company reported an EPS of 40 [...]

(EK) Eastman Kodak Company First Quarter 2010 Earnings Scorecard

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

vitalstocks — Thu, 04 Mar 2010 16:49:07 +0000

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 repurchase the entire $300 million, the total principal amount of its 10.50% Senior Notes due 2017 and to [...]

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

(EK) Eastman Kodak Company Expands Chinese Facility

vitalstocks — Mon, 01 Feb 2010 23:03:35 +0000

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 southeastern city will enhance Kodak’s manufacturing capacity for offset products and underline the company’s commitment to strengthen its production base for customers [...]

(EK) Eastman Kodak Company Expands Chinese Facility

(EK) Eastman Kodak Company Surpasses Expectations

vitalstocks — Sat, 30 Jan 2010 21:21:47 +0000

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 share in the fourth quarter of 2008. Reported EPS was far above the Zacks Consensus Estimate of $0.18. Full-year [...]

(EK) Eastman Kodak Company Surpasses Expectations

(EK) Eastman Kodak Disposes OLED Business

vitalstocks — Wed, 09 Dec 2009 03:42:14 +0000

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 its financial position. Financial details were not disclosed. Kodak, which has been a pioneer in developing technology associated [...]

(EK) Eastman Kodak Disposes OLED Business

(CAJ) Canon, Incorporated – Bear of the Day

vitalstocks — Mon, 09 Nov 2009 03:19:01 +0000

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 has maintained its revenue and earnings forecast even though the third quarter was below expectations. We expect revenue in 2009 to be hurt by weak consumer [...]

(CAJ) Canon, Incorporated – Bear of the Day

(CAJ) Canon Incorporation – Bear of the Day

vitalstocks — Wed, 09 Sep 2009 00:49:49 +0000

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 year 2009, which is still below the 2008 level. We expect revenue in [...]

(CAJ) Canon Incorporation – Bear of the Day