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Kodak Considering Terminating $3.5 Billion Pension Plan
Kodak Stock Jumped. It Found a Boatload of Cash—in the Pension Plan.
Kodak stock jumped Tuesday after it found a lot of cash—in the company’s pension plan. Monday, Kodak said its pension plan sold “illiquid” assets worth about $764 million for about $551 million. It’s selling some other assets listed at $87 million for $62 million.
Kodak announces pension asset sale, possible plan termination
Eastman Kodak Co. is making changes to its pension plan, including selling some of its assets and possibly terminating the plan.
Kodak Considering Terminating $3.5 Billion Pension Plan: Report
Eastman Kodak has begun taking steps to end its $3.5 billion pension plan, agreeing to sell private-equity and other illiquid assets attached to it.
Kodak looks at possibility of terminating pension plan
Kodak stands to gain more than a half-billion dollars if the current pension plan is terminated, due to a surplus in the fund. Company officials said the changes would also 'preserve and protect' the retirement benefits of current participants in the plan.
Kodak eyes $550m-plus pension scheme windfall
Kodak could benefit from a whopping $585m (£464m) windfall – more than the current value of the entire company – if plans to sell off its pension fund come to fruition.
Kodak Evaluates Options For U.S. Pension Plan, Including Potential Termination; Stock Surges
Eastman Kodak Co. (KODK) disclosed in a regulatory filing on Monday that it is evaluating options for its U.S. pension plan,
18h
Eastman Kodak: Hard To Expect/Forecast
Kodak's strategic growth initiatives and financial performance post-3Q24 results, despite limited analyst coverage and ...
Daily Jang
2h
Kodak pauses film production to upgrade factory and meet growing demand
Kodak has temporarily halted all film production.The big step has taken to allow the company undergo factory upgrades and ...
Yahoo
20h
Film can be expensive I'd jump on this Kodak Ektar H35 camera this Black Friday
A roll of 35mm now starts at around $12 but can be vastly more. That’s a lot of money for 36 shots – which is why I love the ...
Rolling Out
3h
Kodak Black announces Black Friday mixtape release
Bill Kapri, known professionally as Kodak Black, plans to release his third mixtape of 2024, "TRILL BILL," on Black Friday.
2d
Forget Canon, The Kodak Mini 2 Printer With 68 Sheets Is at an All-Time Low Price for Black Friday
Create high-quality prints with a printer barely bigger than your phone for just $85 (39% off) while this Amazon deal lasts.
11h
Kodak PixPro FZ45 review: a ‘proper’ digital camera that’s as cheap as chips
The Kodak PixPro FZ45 is well suited to beginners and the budget-conscious, with zoom lens, flash and a 2-digit price tag.
WATE Knoxville on MSN
22h
Sausage facility in Kodak evacuated after chemical leak
KODAK, Tenn. (WATE) — A chemical leak at a Sevier County factory forced all employees to be evacuated on Wednesday.
secondariesinvestor
2d
Mastercard Foundation buys $764m of illiquid assets from Kodak pension
In addition to the sale to Mastercard, Kodak has also agreed to unload a smaller portion of its illiquid assets with $87.3 ...
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