Shares of Eastman Kodak went up by more than 100 percent this afternoon….after the company announced a new cryptocurrency partnership. Kodak and WENN Digital announced the launch of KODAKOne and KODAKCoin at the Consumer Electronics Show in Las Vegas. The point is to create what they call a “photocentric currency” that combines image rights management […]
Eastman Kodak is laying off 36 employees based at the Eastman Business Park in Rochester. More than 30 of the affected workers are assigned to the Photographic Equipment and Supplies business, and four are with the Kodak Research Labs. The company says they’re being laid off for economic reasons. In a filing with the State […]
Kodak continued in the black for the first quarter of 2017. The company reports net earnings of $7 million for three months ending March 31st. That’s a $22 million improvement over the loss it reported a year ago. The cost of operations was $8 million, down from $19 million for the first quarter of 2016. […]