Kodak

Kodak is set to raise the price of its offset printing plates by up to 9% after the escalating cost of aluminium became "too great to bear".

Kodak has released its full-year and Q4 2017 earnings, posting $94m in net earnings for the year, but with revenue down 7% to $1.5bn (£1.1bn), from $1.64bn in 2016.

Kodak chief executive Jeff Clarke has called for "immediate action" to cut costs, including shedding 425 jobs, after the company's Q3 results revealed losses of $46m.

Kodak has recorded a further fall in revenue for Q2 2017, while reporting an improvement in Prosper annuities and Sonora plate volumes.

Kodak has announced the streamlining of costs on its Prosper business, which could incur charges of up to $17m (£13.8m), as efforts to sell the inkjet operation continue.

Kodak is to relocate its European headquarters from Switzerland to Watford.

Kodak has become the latest leading manufacturer to commit to PrintWeekLive!.

Kodak (5-F09) has given an update on the sale of its Prosper inkjet business and launched 20 new products, including the NexPress ZX digital production colour presses.

Fog caused a host of VIP guests to miss last week’s official opening of a new inkjet printing operation for newspapers on Jersey – neatly confirming the worth of the venue for national newspaper...

Kodak has incorporated BDT's TPF–550 Long Sheet Deep Pile Feeder onto it NexPress digital press platform.

Kodak is to close its Leeds plate manufacturing facility, with the loss of more than 200 jobs, as the group realigns its global Sonora processless plate production portfolio as upgrades to facilities...

Kodak has dismissed claims made by an intellectual property consultancy that it has retained valuable patents that were supposed to become the property of the Kodak UK Pension Plan.