Archived posting to the Leica Users Group, 2003/10/26
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Tim Atherton showed: >>Kodak Film and Digital: "Kodak's plans spur (investor) rebellion"<<<< PITY! ted > "ROCHESTER, N.Y. - Eastman Kodak Co.'s decision to bet its future on digital > photography has touched off a battle with a potent group of dissident > investors. > Investors reacted with fury last month when Kodak slashed its annual > dividend by 72 percent to fund a major shift away from its ailing > conventional film business and into the fast-growing but highly competitive > digital arena. > > Institutional investors led by Providence Capital Inc. are staging a forum > today to examine ways of prodding the world's biggest photography company to > alter its new course... > > ...Citing doubts about the potential profits in digital imaging compared to > conventional photography, Standard & Poor's Ratings Services and Moody's > Investors Service downgraded Kodak's credit rating last month to BBB-minus, > one notch above "junk" level... more" > > > > http://denverpost.com/Stories/0,1413,36%7E33%7E1714108,00.html?search=filter > > -- > To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html - -- To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html