Bad news for Kodak

[gordo]

Kodak has posted a pre-tax loss of $300m in its second quarter results, a 54% increase on last year's $195m loss, as it revealed total creditor claims had reached $20.5 billion.

But CEO Antonio Perez remains upbeat saying: "I am pleased with our progress, and our operating results are both improved from last year and also ahead of our plan."

More info here: Kodak Q2 loss rises as creditor claims top $20.5bn

best, gordo

 

[jstotz]

On the other hand, there is this good news.

Apple’s claim to two Kodak patents denied by bankruptcy court | Ars Technica

 

[maryusdemetry]

Thanks Gordo for the information,