Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Eastman Kodak Company (NYSE: KODK) -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (220)	1/31/2005 8:07:17 AM
From: richardred	Read Replies (1) \| Respond to of 484

Kodak to buy Creo for about $980 million Mon Jan 31, 2005 07:42 AM ET (Adds details on value of deal, background) NEW YORK, Jan 31 (Reuters) - Eastman Kodak (EK.N: Quote, Profile, Research) on Monday said it would buy printing technology firm Creo Inc. (CRE.TO: Quote, Profile, Research) for about $980 million in cash, to bolster its strategy to push more aggressively into the commercial printing business. Kodak, which has been undertaking a challenging transition to digital products as it shifts focus from its flagging traditional film business, will pay $16.50 per share for Creo. Shares of Creo, whose board has approved the proposed deal, closed at $14.36 on Friday on Nasdaq. Kodak said the deal will modestly dilute earnings for the rest of 2005, but said it was committed to a forecast of 2005 full-year earnings per share in the range of $2.60 to $2.90. For 2006, Kodak said it expects that the acquisition of the Vancouver, British Colombia-based maker of prepress systems to add at least 5 cents per share to operational earnings, with about $700 million of incremental revenue. Kodak, based in Rochester, New York, reiterated its target for earnings from operations of $3 a share in 2006. Kodak had earmarked some $3 billion for acquisitions by 2006 when it launched its transformation toward growth markets such as commercial printing and digital photography in 2003. Earlier this month, it announced plans to take full control of Kodak Polychrome Graphics, a maker of commercial graphics films and plates, by buying Sun Chemical Corp.'s 50 percent stake in the joint venture for about $817 million over several years. yahoo.reuters.com

To: richardred who wrote (220)	2/10/2006 12:43:32 PM
From: richardred	Respond to of 484

Kodak Tops U.S. Digital-Camera Market Thursday February 9, 3:36 pm ET By Ben Dobbin, AP Business Writer Eastman Kodak Captures No. 1 Slot in U.S. Digital-Camera Market for Second Consecutive Year ROCHESTER, N.Y. (AP) -- Eastman Kodak Co. captured the No. 1 slot in the ballooning U.S. digital-camera market for a second straight year, extending its lead over Japanese rivals Canon Inc. and Sony Corp. Domestic sales of digital cameras surged 21 percent to 28 million in 2005, and Kodak's market share leaped to 24.9 percent from 21 percent in 2004, according to data released Thursday by IDC, a research firm in Framingham, Mass. Kodak shipped 7.05 million digital cameras to U.S. retailers last year, 43 percent more than in 2004. Tokyo-based Canon moved ahead of Sony into the No. 2 spot with 5 million shipments, a 16 percent increase, but its market slice still shrunk from 18.3 percent to 17.7 percent, IDC said. Japan's Sony, which lost its front-runner position in the U.S. market to Kodak for the first time in 2004, was third in 2005. It shipped 4.78 million cameras, up 10 percent from 2004, but its share of the U.S. market slumped to 16.9 percent from 18.5 percent, IDC said. Canon benefited from robust sales of digital single-lens reflex cameras, IDC said, and Kodak is now increasingly shifting its focus toward boosting sales of higher-end models. Its new pocket-sized EasyShare V570 couples two lenses -- a 3x optical zoom lens and a specialized lens for ultrawide-angle pictures. Some analysts think Kodak waited too long to launch its easy-to-use line of digital cameras in 2001 because of a reluctance to phase out film, its 20th-century gravy train. But the 125-year-old company insists its switchover was timed to take advantage of filmless imaging's emergence as a mass-market phenomenon. Digital cameras began outselling film cameras in the United States in 2003. And in 2005, Kodak generated more annual sales from digital imaging than from film-based photography for the first time. In the global digital-camera race, Kodak was third in 2004 with an 11.8 percent market share to Canon's 17.1 percent and Sony's 16.7 percent. While the 2005 rankings are still a few weeks away, "we don't expect any big changes" but Kodak will likely make up some ground, said IDC analyst Christopher Chute. Behind the top trio in the U.S. ranks in 2005 were Nikon Corp. with an 8.2 percent share and Palo Alto, Calif.-based Hewlett-Packard Co. with 7.5 percent. Next in line were Olympus Corp. with 6.9 percent and Fuji Photo Film Co. with 6.3 percent, IDC said. biz.yahoo.com