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News Summary: Kodak gives CEO plans

CEO DEPARTURE: Eastman Kodak Co. says CEO Antonio Perez will likely be replaced in the first year after it emerges from bankruptcy protection. Full story

Kodak restructuring framework OK'd by court, will go to creditors

NEW YORK (Reuters) - The framework of a plan by Eastman Kodak Co <EKDKQ.PK> to restructure as a commercial imaging business was approved by a bankruptcy judge on Tuesday, bringing the former photography company one step closer to exiting from Chapter 11 protection. Full story

Disrupt Your Thinking, Transform Your Business

Truly innovative companies pay attention to the things that most people ignore and ask questions that no one else thinks to ask. Here's how you can challenge the status quo. Full story

Kodak strikes post-bankruptcy loan deal with banks

(Reuters) - Eastman Kodak Co <EKDKQ.PK> said on Thursday that it had reached a $895 million financing deal with three Wall Street banks that will help fund its rebirth as commercial imaging business after the former film pioneer emerges from bankruptcy. Full story

Kodak prepares $406 million offering as it eyes bankruptcy exit

(Reuters) - Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection. Full story

Kodak expects to exit bankruptcy as soon as July

(Reuters) - Eastman Kodak Co <EKDKQ.PK> said on Tuesday it expects to emerge from bankruptcy as soon as July as a commercial imaging business under the control of its creditors. Full story

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Kodak nears bankruptcy end with 2-for-1 UK pension deal

Shutterfly sues to shut down Kodak photo app

Court approves Kodak financing, could exit bankruptcy by mid-2013

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  More Layoffs At Tech Giants

Hewlett-Packard is announcing an additional 2,000 job cuts, and Kodak said it would eliminate 1,000 jobs, reports CNBC's Jackie DeAngelis.

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Related Photos

File photo of actress Jeanne Cooper with her award at the 35th Annual Daytime Emmy Awards at the Kodak theatre in Hollywood
File photo of actress Jeanne Cooper with her award at the 35th Annual Daytime Emmy Awards at the Kodak theatre in Hollywood

Outstanding Lead Actress Jeanne Cooper from "The Young and the Restless" poses with her award at the 35th Annual Daytime Emmy Awards at the Kodak theatre in Hollywood, California in this June 20, 2008 file photo. Cooper, who joined the cast "The Young and the Restless," in its first season in 1973,

File photo of a general view of the now mostly unused Kodak factory in Rochester, New York
File photo of a general view of the now mostly unused Kodak factory in Rochester, New York

A general view of the now mostly unused Kodak factory in Rochester, New York, in this January 1, 2013 file photo. Bankrupt photography pioneer Eastman Kodak Co said April 29, 2013 it will sell two of its remaining imaging businesses to its UK pension fund for $650 million. REUTERS/Carlo Allegri/Fil

A general view of the now mostly unused Kodak factory in Rochester, New York
A general view of the now mostly unused Kodak factory in Rochester, New York

A general view of the now mostly unused Kodak factory in Rochester, New York, January 1, 2013. REUTERS/Carlo Allegri

The Kodak logo is seen at the now mostly unused Kodak factory in Rochester, New York
The Kodak logo is seen at the now mostly unused Kodak factory in Rochester, New York

The Kodak logo is seen at the now mostly unused Kodak factory in Rochester, New York, January 1, 2013. REUTERS/Carlo Allegri