Kodak to Sell 2 Units to Settle U.K. Pension Obligations
Kodak has agreed to sell its personalized and document imaging businesses to its U.K. pension plan as part of an agreement that settles $2.8 billion in claims.
Kodak has agreed to sell its personalized and document imaging businesses to its U.K. pension plan as part of an agreement that settles $2.8 billion in claims.
Shutterfly's stalking horse bid should have been low enough to smoke out other potentially buyers of Kodak Gallery -- but no other company thought it could make something of a photo-sharing site that had been largely left for dead.
For investors who plan on retiring soon, Kodak may not be an ideal bet. With declines in the film-based photography market and questionable moves into digital, the photography giant faces tough times ahead.
Kodak has accused Apple and Research in Motion of infringing on one of its digital-imaging patents with the iPhone and BlackBerry smartphones. But the International Trade Commission in Washington has ruled against Kodak in a preliminary decision.
A lot of people thought photo prints might go the way of the dodo once digital cameras became popular. But it seems people still want something to hold onto, press into a scrapbook or stuff in a shoebox. Still, times sure have changed since those little Fotomat kiosks used to dot our shopping center parking lots. So where can you find the best photo print bargains? We'll get the picture in this week's Savings Experiment.










