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June 8, 2000 | STEVE HARVEY
It was the wrong kind of Kodak moment. Arthur Omansky was driving on the Westside when he spotted a humorous billboard that showed a 70-ish man seated in a car next to a beautiful blond. The ad's caption says, "She's in love. He's broke." Omansky proudly pointed it out to his wife, Adrienne, because she teaches a city-sponsored class in commercial acting for seniors. The 70-ish man in the ad, Earl Schuman, is one of her stars.
August 24, 2012 | By Tiffany Hsu
Eastman Kodak - once one of the world's best-known brands, now bankrupt and struggling to compete - is putting its film divisions up for sale. Remember those little rolls in the yellow canisters? Those photo machines at Six Flags laden with evidence of your roller coaster-induced screams? Kodak doesn't want them anymore . The Rochester, N.Y.-based company is offering its personalized imaging and document imaging businesses, which include “traditional photographic paper and still camera film products” as well as 105,000 photo-printing kiosks and the document-scanning branch.
November 15, 2001 | Bloomberg News
Eastman Kodak Co. announced plans to realign its businesses to reduce expenses, increase efficiency and accountability as it struggles with falling sales and profit. Kodak will be managed as three product groups: photography, commercial imaging and components. Management of the health-imaging and entertainment-imaging businesses will remain unchanged and will be run as stand-alone units, Kodak said.
November 6, 2001 | Richard Verrier
Eastman Kodak Co. and Universal Studios have renewed a marketing partnership for five years. Under the agreement, Kodak will serve as the exclusive imaging partner to Universal's domestic theme parks. Financial terms weren't disclosed. Universal's parks will help to promote Kodak's film, cameras and imaging technology.
August 30, 2005 | From Bloomberg News
Eastman Kodak Co., the world's largest photography company, is retaking the photo kiosk business at Walgreen Co. from Fuji Photo Film Co., making it the choice of the three biggest U.S. retailers of prints. Walgreen, the top U.S. drugstore chain, has installed Kodak kiosks at a quarter of its 4,859 stores.
October 3, 1986
Eastman Kodak Co., which said in February it would cut its work force by 10% this year, announced the elimination of 400 more jobs at its sprawling Kodak Park manufacturing complex in Rochester, N.Y. Employees at the plant, which makes film and photographic paper, were encouraged to leave voluntarily, although benefits will be the same for those who are fired. Officials also announced that Kodak Processing Laboratories has ceased operations.
September 17, 2004 | From Bloomberg News
Eastman Kodak Co. agreed to work with IBM Corp. to make image sensors for digital cameras and camera phones. Terms of the multiyear partnership weren't disclosed. IBM will contribute its semiconductor technology to help Kodak develop sensors with better image quality, the companies said. Kodak Chief Executive Daniel Carp is making acquisitions and forming partnerships to add digital products and services as demand for film declines. Shares of Rochester, N.Y.-based Kodak rose $1.17, or 3.
August 26, 2005 | From Associated Press
Eastman Kodak Co., battling a steep drop in demand for photographic film and paper, is scaling back film manufacturing in China and closing various businesses here and in West Virginia, eliminating about 1,000 jobs. Rochester-based Kodak, which is navigating a tough transition to digital photography, said Thursday that it would shut down a photographic paper manufacturing operation here by the end of October and move the work to factories in Windsor, Colo., and Harrow, England.
October 3, 1997 | Bloomberg News
Eastman Kodak Co. replaced the head of its consumer business as Chairman George Fisher began an overhaul designed to boost profit at the struggling photography company. Kodak said Senior Vice President David Biehn, 54, will retire early next year, making him the last of the top three officials of the consumer unit to depart recently. He will be replaced Oct. 13 by Robert Keegan, 50, who runs Kodak's professional unit. The move comes a week after the Rochester, N.Y.
May 2, 1985
Eastman Kodak announced that the Justice Department has given it the go-ahead to bid for Verbatim, a Silicon Valley manufacturer of floppy disks for computers. The deal for the Sunnyvale, Calif., company, valued at $175 million or more, was held up while the Justice Department asked for more information. Verbatim is the world's largest producer of floppy disks, a market into which Kodak is expanding.
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