Tag Archives: Eastman Kodak
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This Week in Imaging: HP Enterprise LaserJets with Next-Generation Security; Latest OKI BTA Color MFP; Booming 3D-Printer Market; More

We’re big fans of HP’s Instant Ink Program and pleased to hear that HP is increasing its efforts to tell everybody about its similar SureSupply Auto Delivery for toner. What’s even more interesting is that HP now claims that SureSupply will include third-party toner cartridges as well. We don’t have a list of supported third-party […]

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New York Court Upholds Injunction Against Kodak in Collins Ink-Supply Dispute

March 31, 2015   Law360 reports that the New York Sixth Circuit has upheld a preliminary injunction that stops Eastman Kodak from engaging in a pricing scheme that allegedly stifles competition for Versamark printer ink. The New York Sixth Circuit judge said the district court had not abused its discretion in issuing the injunction against […]

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Kodak Reports Loss for its Fourth Quarter, Revenue Slides

March 18, 2015 – Eastman Kodak reported a loss of $41 million for its fourth-quarter 2014, which however was lower than its net loss of $57 million for fourth-quarter 2013. Revenue for the fourth-quarter 2014 was $529 million, down from revenue of $609 million for fourth-quarter 2013. Kodak cited the impact of the strong U.S. […]

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Kodak’s New PROSPER 1000 Inkjet Production Printer Prints at 1,000 Feet per Minute

February 25, 2015 – Eastman Kodak is rolling out what it calls the world’s fastest digital press, the Kodak PROSPER 1000 Plus Press. The press is powered by proprietary Kodak Stream Inkjet Technology and leverages the base Kodak PROSPER 1000 Press platform with new enhancements to the transport and software capabilities. Delivering speeds of up to […]

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This Week in Imaging: Funai Poised to Take on Inkjet Market?; Mobile Printing a Game Changer?; Canon Makes a Big Move; More

  As Canon’s camera business continues to lag (but office MFP and production sales continue to be healthy), the company is seeking other growth avenues. This week it’s looking to acquire Axis Surveillance, maker of network video-surveillance systems, for $2.83 billion. This would be the largest purchase Canon’s ever made, and seems to sadly reflect […]

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After Purchasing Lexmark’s Inkjet Business, Funai Electric to Also Sell Kodak-Brand Small Office and Consumer Printers Worldwide

February 9, 2015 – Funai Electric of Osaka, Japan, a global supplier of consumer electronics, reports that it’s entered into a  licensing agreement with Eastman Kodak Company under which Funai will supply, market, sell, and service Kodak-brand consumer and small office printers and their related consumable supplies worldwide. In September 2012, Kodak announced that it was […]

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Kodak Looks to Become Faster, More Competitive with Reorganization

December 4, 2014 – Eastman Kodak reports that it’s setting up a new organizational structure to make the company faster-moving and more competitive. Effective January 1, 2015, Kodak will have five business divisions: Print Systems; Enterprise Inkjet Systems; Micro 3D Printing and Packaging; Software and Solutions; and Consumer and Film. These divisions will be end-to-end operating […]

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In Landmark Third Quarter, Kodak Returns to Profitability

Driven by strong sales increases for key strategic technology products and intellectual property licensing payments, last week, Eastman Kodak reported net earnings of $19 million for the third quarter of 2014. Net earnings in the third quarter of 2013 were $1.99 billion as a result of a $2.21 billion reorganization item gain in that quarter. […]

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Top News for the Week of 8/11/2014 – Printer, MFP Shipments Up; Key Legal Rulings for MPHJ Technology, Kodak; More

This week, some of the most interesting news came from market-research firm International Data Corporation (IDC) with its Worldwide Quarterly Hardcopy Peripherals Tracker (which covers printers, MFPs, and copiers that print on and/or scan A2- to A4-size media). According to IDC, the Western Europe market for printers/MFPs/copiers enjoyed its fifth consecutive quarter of growth, with shipments […]

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Judge Gives Favorable Ruling to Collins Inkjet in Dispute with Kodak

U.S. District Judge Michael R. Barrett has ruled that Kodak must adhere to an injunction that it not differentiate pricing for print-head refurbishing services based on whether the customer uses Collins ink or Kodak ink for use with Kodak Versamark production printers – that is until and if a preliminary injunction issued on March 6th […]

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Improved Earnings for Kodak in Second Quarter, Smaller Loss

Eastman Kodak has reported a net loss of $62 million for its second-quarter 2014; however, this loss is a $162 million improvement from the $224 million net loss that Kodak reported for second-quarter 2013. The firm says that key products in packaging, digital plates, digital printing, and workflow software are helping it increase revenue growth. […]

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Top News for the Week of 5/19/2014 – New Print-Management Solutions for Konica Minolta, Kyocera; Inkjet Strong in Production; More

There was no new office-imaging hardware this week, but two vendors introduced print-management solutions: Konica Minolta reported that NSi Output Manager is now available for its bizhub MFPs, while Kyocera Document Solutions reported that Argos OnBoard Print Management is now available for its HyPAS-enabled MFPs. These print-management solutions provide not only tracking of MFP activity […]

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Former HP Exec John N. McMullen is New Executive VP and Chief Financial Officer for Kodak

John N. McMullen has been named executive vice president and chief financial officer for Eastman Kodak effective June 15th. Kodak’s board of directors also elected McMullen as a corporate officer of Kodak, and he will become a member of the company’s executive council. McMullen will report to Kodak Chief Executive Officer Jeff Clarke. McMullen, 55, […]

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Kodak Reports Loss for First Quarter, Sales Down

Eastman Kodak reported a loss of $36 million for its first-quarter 2013 versus $283 in net income for first-quarter 2013. Sales for first-quarter 2014 were $482 million, compared to $594 million in first-quarter 2013, a decline of 19 percent, with Kodak attributing more than half of that to continuing declines in its film and consumer-inkjet products. Non-recurring licensing […]

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Kodak Seeking to Sell Eastman Business Park

Eastman Kodak – which last week, appointed a new CEO, Jeff Clarke – has announced that it’s seeking to sell its Eastman Business Park (EBP) industrial and technology property located in Rochester, New York Kodak says the site can best continue as a multi-use, multi-tenant industrial facility under the ownership of a firm focused on […]

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Improving Financial Picture at Kodak

On March 19th, Eastman Kodak reported financial results for its fourth quarter and full-year 2013, with net earnings of $1.99 billion for the full year, including a reorganization-items net gain of $2.01 billion, as well as a gain of $535 million for the sale of its digital-imaging patent portfolio, partially offset by a $77 million […]

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Top News for the Week of 3/10/2014 – Samsung Cloud Print App, HP Business Inkjets, More

Products and Solutions Samsung is determined to make mobile printing as ubiquitous and easy as possible. It just previewed its new secure Cloud Print app and new desktop printers and MFPs equipped with NFC (Near Field Communication) tap-and-print mobile printing. The new Cloud Print app, among other things, will enable users to share up to […]

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Jeffrey J. Clarke, Former VP at Hewlett-Packard, is New CEO of Kodak

Eastman Kodak’s board of directors has elected Jeffrey J. Clarke (above) as chief executive officer and a member of its board of directors. Previous Kodak CEO Antonio M. Perez is now special advisor to Kodak’s board of directors. Prior to joining Kodak, Clarke was a managing partner of Augusta Columbia Capital (ACC), a private investment […]

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