Kodak Publishes 2013-15 Forecast

Kodak publishes 2013-15 cashflow forecast:
The manufacturer has today published a cash flow forecast for the next three years for its Commercial Imaging business, comprising the commercial, packaging and functional printing and enterprise services that will make up the post-Chapter 11 Kodak.
The forecast reveals that Kodak's US operating cash flow will remain in the red for all but two of the next 10 months, with the largest projected monthly loss coming in January 2013, when it will lose $49m.

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Kodak Reaches Agreement with Retiree Committee

Proposed Agreement Resolves a $1.2 Billion Retiree Benefits Liability; Results in Significant Cost Savings and Liquidity Enhancement; Proposed Settlement Does Not Impact Retiree Pension Benefits
Eastman Kodak Company announced today that, following extensive negotiations, it has reached an agreement in principle with the Official Committee of Retirees (the 1114 Committee) that provides for a comprehensive resolution of Kodak's retiree health care and survivor benefits liabilities.