SI
SI
discoversearch

Technology Stocks
Eastman Kodak Company (NYSE: KODK)
An SI Board Since December 1997
Posts SubjectMarks Bans Symbol
464 23 0 KODK
Emcee:  SI (no user) Type:  Unmoderated
3:38PM Eastman Kodak will list its common shares on the NYSE under the symbol 'KODK' with trading beginning on Nov 1:

Kodak to List Common Stock on New York Stock ExchangeTo Trade under Symbol KODK

Press Release: Eastman Kodak Company – 1 hour 13 minutes ago

ROCHESTER, N.Y.--(BUSINESS WIRE)--

Eastman Kodak Company will list its common shares on the New York Stock Exchange (NYSE) under the symbol “KODK” with trading beginning on Nov. 1, 2013.

“This is an important moment for the new Kodak,” said Antonio M. Perez, Kodak’s Chief Executive Officer. “We are pleased to once again be listed on the NYSE. The change in our symbol reflects that we are a new company that is focused on business-to-business products and services, well-capitalized and firmly committed to delivering value to our shareholders and innovation to our customers.”

“We’re delighted to welcome the new Kodak to the NYSE community,” said Duncan Niederauer, CEO, NYSE Euronext. “Kodak is an outstanding B2B technology company, and we’re excited to partner with them for their long-term growth and success. The company’s listing on the NYSE underscores our strong momentum in technology listings and the value of our brand and innovative market model. We are proud to be a small part of Kodak's historic turnaround, and look forward to serving the company and its shareholders in the years ahead.”

The new Kodak is a global technology company offering breakthrough solutions and professional services in the packaging, graphic communications and functional printing markets. Kodak leverages its technical expertise to drive change in the industry, with products like high-speed KODAK PROSPER Presses and Imprinting Systems, KODAK FLEXCEL Systems packaging solutions, and KODAK SONORA XP Process Free Plates.

Kodak builds on its direct sales by partnering with other innovators, and in recent weeks, has formed key collaborations, including with Bobst in the packaging market. Kodak also has joint initiatives with Timsons for digital printing and with UniPixel and Kingsbury for the production of functionally printed touch-screen sensors.

Upon Kodak’s emergence from Chapter 11 restructuring on Sept. 3, 2013, the then-outstanding stock of the company was cancelled, and the company issued new common stock that has been trading since that time under the symbol “EKOD” on over-the-counter venues. Upon listing on the NYSE, the new common stock will cease to be quoted on over-the-counter venues.

About Kodak

Kodak is a technology company focused on imaging for business. Kodak serves customers with disruptive technologies and breakthrough solutions for the product goods packaging, graphic communications and functional printing industries. The company also offers leading products and services in Entertainment Imaging and Commercial Films. For additional information on Kodak, visit kodak.com.

CAUTIONARY STATEMENT PURSUANT TO SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This document includes “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the Company's plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, liquidity, financing needs, business trends, and other information that is not historical information. When used in this document, the words “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “predicts,” “forecasts,” or future or conditional verbs, such as “will,” “should,” “could,” or “may,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements, including, without limitation, management's examination of historical operating trends and data are based upon the Company's expectations and various assumptions. Future events or results may differ from those anticipated or expressed in these forward-looking statements. Important factors that could cause actual events or results to differ materially from these forward-looking statements include, among others, the risks and uncertainties described in more detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013, and June 30, 2013, under the headings “Business,” “Risk Factors,” and/or “Management's Discussion and Analysis of Financial Condition and Results of Operations–Liquidity and Capital Resources,” and those described in filings made by the Company with the U.S. Bankruptcy Court for the Southern District of New York and in other filings the Company makes with the SEC from time to time, as well as the following: the Company’s ability to improve and sustain its operating structure, financial results and profitability; the ability of the Company to achieve cash forecasts, financial projections, and projected growth; our ability to achieve the financial and operational results contained in our business plans; the ability of the Company to discontinue or sell certain non-core businesses or operations; the Company’s ability to comply with the covenants in its credit facilities; our ability to obtain additional financing if and as needed; the potential adverse effects of the Chapter 11 proceedings on the Company's liquidity, results of operations, brand or business prospects; the Company's ability to fund continued investments, capital needs, restructuring payments and service its debt; the resolution of claims against the Company; our ability to attract and retain key executives, managers and employees; our ability to maintain product reliability and quality and growth in relevant markets; our ability to effectively anticipate technology trends and develop and market new products, solutions and technologies; and the impact of the global economic environment on the Company. There may be other factors that may cause the Company's actual results to differ materially from the forward-looking statements. All forward-looking statements attributable to the Company or persons acting on its behalf apply only as of the date of this document and are expressly qualified in their entirety by the cautionary statements included in this document. The Company undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

Contact:

Media :
Kodak
Chris Veronda, +1-585-724-2622
christopher.veronda@kodak.com
or
Krista Gleason, +1-585-724-5952
krista.gleason@kodak.com

finance.yahoo.com
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
464Kodak portfolio shows value creation credentials once again as Intellectual Ventrichardred-March 19
463Kodak goes 'camera first, phone second' with its entry into the smartphorichardred-March 12
462Kodak Reports Net Earnings for 2016 of $16 Million ROCHESTER, N.Y.–( BUSIrichardred-March 12
461Kodak says it’s bringing back Ektachrome film, and photographers everywhere are richardred1January 7
460 Kodak’s Old-School Response to Disruption By David Sax The New Yorker JanuaGlenn Petersen-1/28/2016
459Bullish cross in MACD and Stochastic Oscillator. Would like to see a break abovesfnsie-9/13/2015
458Kodak’s First Digital Moment By James Estrin New York Times Aug. 12, 2015 Glenn Petersen-8/26/2015
457Kodak Building 53 to be demolished, imploded [graphic] Kodak Park implosirichardred-7/13/2015
456Kodak's touchscreen ambitions hit a snag t.corichardred-4/27/2015
455At Kodak, Clinging to a Future Beyond Film By QUENTIN HARDY New York Times MARGlenn Petersen13/22/2015
454Why Hollywood is now trying to save film after all its digital trailblazing WriGlenn Petersen22/7/2015
453The film coffin doesn't quite have all the nails in it just yet. Agreementrichardred-2/6/2015
452Kodak brand is returning to store shelves Matthew Daneman, USA TODAY richardred112/27/2014
451Kodak smells success in odor-free fabrics Matthew Daneman, USA TODAY 6Glenn Petersen14/7/2014
450Thankfully Kodak has a CEO change and some new vision! He attended college and grichardred13/12/2014
449Kodak Sees China’s Technology Demand Driving Growth, CEO Says By Bloomberg NewsGlenn Petersen-1/15/2014
448Nobody following Kodak anymore? Up 10 bucks in the last month. SI Ron (Soup Nazi)-1/8/2014
447Kodak bankruptcy advisers likely to see $240 million payday By Nick Brown NEW YGlenn Petersen-11/14/2013
446Anyone interested in moderating this board. Would need a vote of some kind, to SI Ron (Soup Nazi)-10/29/2013
445I would recommend asking SI to remove EK from the board name and continuing the Glenn Petersen-10/29/2013
444Any comments on continuing this board, or starting a new one? finance.yahoo.comSr K-10/29/2013
443Kodak Moments Just a Memory as Company Exits Bankruptcy By Beth Jinks BloomberGlenn Petersen-9/3/2013
442 Eastman Kodak posts profit for its first quarterEastman Kodak posts a profit trichardred-4/30/2013
441Kodak To Sell Document Imaging Business To Brother For $210 Million John Biggs Glenn Petersen24/15/2013
440Kodak to Sell Digital Imaging Patents for $525 Million By ANDREW MARTIN New YoGlenn Petersen-12/19/2012
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.