January 7, 2003
* The global airline industry suffered a $13-billion loss in 2002, the second straight year of record losses as costs for tighter airport security and "war" insurance took their toll, the International Air Transport Assn. said. * Japan's Konica Corp. and Minolta Co. said they were holding talks on a possible merger, which would create a camera and precision equipment maker with annual sales topping $8.4 billion. * HealthSouth Corp.
March 22, 1997 |
The devil was in the lack of details for Eastman Kodak Co. on Friday as its stock fell sharply after it issued a grim sales assessment for January and February without offering Wall Street much insight. Kodak's stock closed at $79 a share, down $9.25 on the New York Stock Exchange, in heavy trading that had analysts hunting for specific reasons behind what the company said were flat sales for the period. "They put out this cryptic announcement," said Smith Barney analyst Peter Enderlin.
July 8, 1986
Konica U.S.A. Inc., a camera and office-equipment maker, said it plans to base its new western regional headquarters in the massive Irvine Co. corporate center project called the Irvine Spectrum. Konica already has begun moving into its 49,000-square-foot facility, located north of the Irvine Center project now under development at the intersection of the San Diego and Santa Ana freeways. Konica's two-story building also will house the regional center for its Konica Medical Corp.
July 5, 1995 |
Japan is defending its photo film market against U.S. complaints of anti-competitive practices and says it will not negotiate with Washington on the issue under the threat of sanctions. "Japan's film market is open," a trade ministry official declared Tuesday.
September 21, 1997 |
Eastman Kodak, an American institution, is in trouble again. Its impressive three-year comeback from two decades of sleepwalking has stalled. Yet at the same time, the 113-year-old company is geared up for the most intense competitive battle in its history. Kodak will respond to competitive threats from Japan's Fuji Photo Film with stern cost-cutting actions that Chairman George Fisher declined to impose on the demoralized company when he took the top job in 1994. But it will have to do more.