Archived posting to the Leica Users Group, 2003/10/26
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]"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