The annuity contract will be funded by assets of the retirement income plan that it terminated, and Eastman Kodak said it doesn't expect to make any cash contributions to the deal. The insurer will ...
Kodak ( ($KODK) ) has provided an update. On January 21, 2025, Kodak‘s Board of Directors approved the termination of the Kodak Retirement Income ...
Investing.com -- S&P Global Ratings has revised Eastman Kodak ’s outlook to negative while affirming its ’CCC+’ rating, citing heightened refinancing risk as the company faces significant debt ...
A snapshot of Kodak's history includes cameras, military contracts, and a legacy of environmental damage in the communities ...
Eastman Kodak, the 133-year-old photography company, is warning investors that it might not survive much longer.In its earnings report Monday, the company warned that it doesn’t have “committed ...
On Thursday, Kodak officials joined local entrepreneur Philip Saunders and representatives from USA Bobsled to unveil a new ...
Eastman Kodak plans to cut up to 3,000 more jobs, on top of the 25,000 to 27,000 people the photo company previously said it will lay off by year's end. It's part of an attempt to adjust to a world of ...
About 3,600 employees elected to receive a lump-sum distribution of their retirement benefits in lieu of an annuity when Eastman Kodak terminated the pension program. The company settled $76 million ...