Antonio Perez News
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Eastman Kodak Co., the bankrupt photography pioneer, offered to swap $2.7 billion of unsecured debt for shares in a new company under a plan to exit court protection.
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Several U.S. Supreme Court justices sought a compromise on the decades-old practice of granting patents on human genes, debating a case that could redefine rights throughout the biotechnology and agriculture industries.
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Eastman Kodak Co., the bankrupt photography pioneer, agreed to sell document-imaging assets to Japanese office-equipment company Brother Industries Ltd. for about $210 million, setting the minimum bid for an auction.
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Eastman Kodak Co., seeking to generate cash from its intellectual property, has signed confidentiality agreements with numerous potential buyers of patents it put up for sale last month, Chief Executive Officer Antonio Perez said.
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Eastman Kodak Co., seeking to generate cash from its intellectual property, has signed confidentiality agreements with numerous potential buyers of patents it put up for sale last month, Chief Executive Officer Antonio Perez said.
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Eastman Kodak Co., the 131-year-old camera maker, ended the third quarter with 9.9 percent less cash than three months earlier and said it would use more than anticipated this year as it works to build its digital printing- equipment business.
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Kenneth Feinberg , the paymaster at companies rescued by the U.S. Treasury, recently cut cash compensation for executives at American International Group Inc. and General Motors Co. He said some companies are buying into his credo of pay tied to performance.
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A victory for Eastman Kodak Co. in its patent fight with Apple Inc. and Research in Motion Ltd. may add more than $1 billion in revenue from royalty payments, Chairman and Chief Executive Officer Antonio Perez said.
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As Eastman Kodak Co. investors bet the 131-year-old photographic pioneer was headed for bankruptcy, the company decided Chapter 11 was the simplest way to become the leaner digital printing specialist it aspires to be.
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Eastman Kodak Co.’s cash balance may have dwindled further in the third quarter as the 131-year-old camera maker works to transform itself into a digital printing- equipment company.
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