Posts tagged: New York Stock Exchange

Antonio Perez and the Problem with Predictions

Jim Hamilton
 Jan 9, 2014

Watching Antonio Perez sound the opening bell at the New York Stock Exchange yesterday reminded me of something I wrote about a year ago as part of InfoTrends’ On Demand Road Map of predictions for 2013:

“A key question moving forward is whether or not current Chairman and Chief Executive Officer Antonio Perez continues in his role or retires after many years of service and a grueling bankruptcy process. Kodak is now out from under the unsustainable financial burden of legacy promises made to employees and retirees when Kodak had more than 100,000 employees. It has a strong foundation of products, personnel, and future technologies. InfoTrends anticipates that once the bankruptcy proceedings and intellectual property (IP) sales are fully completed, Mr. Perez will move on and that Kodak will promote someone from within to take the leadership role.”

Well, I was wrong.

A year has passed and Read more »

If Kodak Goes Bankrupt, What Happens Next?

Jim Hamilton
 Jan 9, 2012

Last week’s Wall Street Journal article contends that Kodak is teetering on the brink of bankruptcy. Kodak would not comment on what it considers rumors, and that’s fair given that the Journal’s story was based on unnamed sources, but last fall under similar circumstances Kodak put out a press release denying any intention to declare bankruptcy. This time around the rumors are looking like a distinct possibility.

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