Sloane Martin posted on February 01, 2013 12:57
Eastman Kodak is reporting a net loss for December due its ongoing bankruptcy efforts.
The former photo giant had a total net loss for the month of over $272 million. It came from a one-time payout of $464 million related to Kodak giving its U.S. retirees a $635 million unsecured claim as compensation for eliminating their health benefits and life insurance policies.