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Unfortunately, big clients are cottoning on to the advantages too. One finance chief of a large UK company outlined the issue for Breakingviews via an illustrative example. Say an outsourced project ...

Eastman Kodak Company (KODK) is addressing financial challenges by terminating its overfunded pension plan, expecting $500M+ in proceeds by Dec-25. KODK plans to use these funds to pay down term loans ...

ROCHESTER, N.Y. — Kodak says it’s confident that it will pay, extend, or refinance its $500 million loan before it’s due and stay in business. The Rochester staple released a statement on X on ...

Word that Eastman Kodak Co. lacks the means to cover more than $470 million in debt and that its future is in jeopardy has put the iconic, Rochester-based company back in the news. “You press the ...

The American company credited with revolutionizing amateur photography is warning it could go out of business after more than 130 years. The Rochester, New York-based Eastman Kodak Co. offered a bleak ...

Shares in Eastman Kodak plunged 25% Tuesday after the flailing photography giant warned it may be forced to shut down after 133 years if it doesn’t secure a financial lifeline. In an earnings report ...

The more than 130-year-old Eastman Kodak Co. is cautioning on its business operations, but says it is confident it will be able to work out upcoming debt obligations. “Kodak has debt coming due within ...

Eastman Kodak Co., the iconic Rochester-based company that once revolutionized amateur photography, is warning it may not survive much longer. In an earnings report and SEC filing released Monday, Aug ...

Eastman Kodak, the 133-year-old photography company, is warning investors thats it might not survive much longer. In its earnings report Monday, the company warned that it doesn’t have “committed ...

DALLAS — Rapper Kodak Black is holding a surprise pop-up show in Dallas on Saturday night, according to his Instagram page. The rapper, who who first gained widespread fame with his singles "No ...