News tagged with bankruptcy
Kodak to stop making cameras, digital frames
Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on its more profitable businesses.
Feb 09, 2012 |
5 / 5 (1) |
2
Kodak gets 2013 deadline to reorganize
(AP) -- Eastman Kodak Co. has obtained a bankruptcy judge's approval to borrow an initial $650 million from Citigroup Inc. to keep operations running while it peddles a trove of digital-imaging patents.
Jan 20, 2012 |
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Photo industry mourns Kodak
Photographers, professionals and amateurs alike, are mourning the end of an era after Eastman Kodak, which produced the cameras and film many started hobbies and careers with, filed for bankruptcy.
Jan 20, 2012 |
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Former trailblazer Kodak files for Chapter 11
Is Kodak's moment past? The glory days when Eastman Kodak Co. ruled the world of film photography lasted for over a century. Then came a stunning reversal of fortune: cutthroat competition from Japanese firms ...
Jan 19, 2012 |
3.5 / 5 (2) |
5
Kodak restructures amid bankruptcy battle
US photography giant Eastman Kodak, fighting to keep bankruptcy at bay, announced Tuesday a major restructuring to speed up its transformation into a digital company.
Jan 10, 2012 |
5 / 5 (1) |
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Breast implant maker used non-approved gels: lawyer
The founder of the French firm that made breast implants feared to be at risk of rupturing has admitted using non-approved but non-toxic silicone gels, his lawyer said Tuesday.
Dec 27, 2011 |
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Kodak patent ruling delayed amid cash worries
A U.S. arbiter for trade disputes is delaying a ruling on Eastman Kodak Co.'s high-stakes patent-infringement claim against smartphone makers Apple Inc. and Research in Motion Ltd.
Dec 20, 2011 |
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St. Louis Post Dispatch owner files for bankruptcy
Lee Enterprises, one of the largest newspaper chains in the United States, filed for bankruptcy on Monday, the latest victim of the crisis gripping the US newspaper industry.
Dec 13, 2011 |
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Kodak hopes to sell online photo-sharing unit: report
Iconic US camera maker Eastman Kodak is seeking to sell its online photo sharing website as the company teeters on the verge of bankruptcy, The Wall Street Journal reported Thursday.
Nov 18, 2011 |
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First Solar CEO to step down, shares plummet
(AP) -- The CEO of the nation's largest solar company is out, First Solar announced Tuesday, sending its shares tumbling more than 24 percent.
Technology / Energy & Green Tech
Oct 25, 2011 |
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4
Kodak to license laser projection patents to Imax
(AP) -- Eastman Kodak Co. said Sunday that it will license thousands of patents to Imax in a deal that will supply the troubled photography company with millions of dollars.
Oct 17, 2011 |
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Infineon says crisis hit earnings in fourth quarter
German computer chip giant Infineon said Friday that high economic uncertainty had hurt its fourth-quarter earnings and would weigh on sales in the coming months as well.
Oct 14, 2011 |
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Carlos Slim ups stake in NY Times to 8.1 percent
Carlos Slim, the Mexican magnate believed to be the world's richest individual, has increased his stake in the The New York Times Co. to 8.1 percent, regulatory filings showed Thursday.
Oct 07, 2011 |
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Hacked Dutch Internet company declared bankrupt
A Dutch judge granted a bankruptcy filing Tuesday for Internet security company DigiNotar, whose servers were apparently breached by an Iranian hacker in July, its parent company said.
Sep 20, 2011 |
5 / 5 (1) |
0
Dish asks FCC to let it build wireless network
(AP) -- Satellite TV broadcaster Dish Network is asking regulators to let it build a wireless broadband network. Having one would let Dish compete more effectively with cable companies that can bundle broadband and TV signals.
Aug 23, 2011 |
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Bankruptcy
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization).
For more information about Bankruptcy, read the full article at
Wikipedia.
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