Kodak CEO Antonio Perez agrees to stay with photography pioneer through 2013September 30th, 2009 CEO Perez to stay at Kodak through 2013ROCHESTER, N.Y. — Eastman Kodak Co.'s chairman and chief executive, Antonio Perez, has agreed to remain at the helm through 2013, the photography products maker said Wednesday.
Analyst: GE's strong cash flow can help rebuild capital baseSeptember 21st, 2009 Analyst note: General Electric price target raisedNEW YORK — General Electric Co.'s core industrial businesses are generating enough cash flow to pay off debt and rebuild the conglomerate's capital base, an analyst said Monday. Morgan Stanley analyst Scott R.
Eastman Kodak, Sonic, Procter & Gamble, Genzyme are among big market moversSeptember 18th, 2009 Eastman Kodak, Sonic, Procter & Gamble big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Eastman Kodak Co., down 39 cents at $5.54
Kodak expects to draw its debt refinancing from qualified institutional buyers instead of private equity fund Kohlberg Kravis Roberts. InterOil Corp., up $7.04 at $41.69
The Australian oil company said its natural gas reservoir in the Antelope-2 well could be much larger than expected.
Shares of Kodak fall sharply after deal to raise up to $700 millionSeptember 17th, 2009 Kodak shares slump after financing dealROCHESTER, N.Y. — Shares of Eastman Kodak Co.
Eastman Kodak announces debt offerings expected to raise up to $700M to shore up financesSeptember 16th, 2009 Eastman Kodak in deal with KKR to raise capitalROCHESTER, N.Y. — Eastman Kodak Co.
Eastman Kodak announces offerings expected to raise up to $700 million to shore up financesSeptember 16th, 2009 Eastman Kodak to raise up to $700 million capitalROCHESTER, N.Y. — Photography products maker Eastman Kodak Co.
Mallya firm to raise $300 mn to reduce debtSeptember 10th, 2009 BANGALORE - India's liquor major United Spirits Ltd will raise about $300 million through private placement by October to reduce its debt burden, its chairman said Thursday. "We will raise the money through private equity from qualified institutional promoters or by selling a portion of our treasury stock in the domestic market," United Spirits chairman Vijay Mallya told reporters here.
Eastman Kodak completes purchase of Bowe Bell + Howell scanner business, price not disclosedSeptember 1st, 2009 Eastman Kodak completes buy of scanner businessROCHESTER, N.Y. — Eastman Kodak Co.
Defense contractor Kratos to sell 26 million common shares to institutional investorsAugust 28th, 2009 Kratos to sell 26M shares to institutional holdersSAN DIEGO — Kratos Defense & Security Solutions Inc. said Friday it will sell 26 million common shares directly to institutional investors for 72 cents per share.
Allow foreign players in debt market, says surveyJuly 27th, 2009 NEW DELHI - The Reserve Bank of India (RBI) should allow participation of institutional players and foreign institutional investors (FIIs) in the country's debt market, said an industry survey released here Monday. According to the survey report, released a day before the apex bank is scheduled to announce its monetary policy for the current fiscal, 90 percent of the participants said the participation of FIIs in the debt market would help in its stabilisation.
Shriram Finance eyes construction equipment financingJuly 22nd, 2009 KOLKATA - Non-banking finance company Shriram Transport Finance is planning to foray into construction equipment financing, a company official said here Wednesday. "We are planning to get into the business of financing pre-owned construction equipment where we feel there is sufficient space for us," Shriram Transport executive director Umesh Revankar said at a press meet.
Omaxe raises foreign investors' holding limitJune 9th, 2009 MUMBAI - In yet another attempt to raise money, the board of directors of realty major Omaxe has decided to increase the limit of holding by foreign institutional investors (FIIs) from 24 percent to 100 percent, the company announced Tuesday. "The board has approved to increase the limits of holding by the registered FIIs to up to 100 percent," Omaxe said in a regulatory statement.
Majority of GM bondholders agree to swap debt for sharesJune 1st, 2009 Washington, June1 (DPA) On the eve of a bankruptcy anticipated to be one of the country's largest ever, a majority of creditors to the floundering General Motors agreed Sunday to a swap of debt for partial ownership and warranties on shares of a new GM. About 54 percent of the investors, or 975 institutions, agreed to a newly sweetened offer from the government which would give them up to 25 percent of the company, according to Elliot Sloane, spokesman for the bondholders' ad hoc committee, according to Bloomberg financial news service.
Kellogg, Kodak, MGM Mirage, Exxon Mobil, Dow Chemical are big market movers ThursdayApril 30th, 2009 Kellogg, Kodak, MGM Mirage, Exxon Mobil big moversNEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Kellogg Co., up $2.61 at $42.11
The world's largest cereal maker said its first-quarter profit increased on cost cutting measures and beat analyst estimates. Eastman Kodak Co., down 59 cents at $3.05
The photography pioneer said its loss tripled to $353 million in the first quarter as the economic downturn diluted demand.
Kodak India inaugurates state-of-the-art service facilityApril 22nd, 2009 MUMBAI - Kodak India today inaugurated its state-of-the-art digital camera service facility at Noida. This 'Level III' facility is a pioneering initiative aimed at increasing greater customer satisfaction and enhancing convenience.
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