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  • Vice-President Of The Shelton School Board Resigns

    carnahanA special meeting of the Shelton School district was held Wednesday night and the agenda consisted of a discussion of the school board, followed by an executive session. Board President Brenda Hirshi reminded those in attendance the session was a "Special… Read More +

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  • Trial For Teen Accused Of Killing Bremerton Girl

    gavel2Kitsap County prosecutors expect the trial to proceed for a 17-year-old boy accused of killing a 6-year-old Bremerton girl. Senior Deputy Prosecutor Kelly Montgomery said Wednesday that lawyers for Gabriel Gaeta are expected to agree he is competent to stand trial.… Read More +

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  • Baldwin Optimistic About Seahawks Moving Forward

    baldwinDoug Baldwin was about to board the charter bus last Friday when he got word Seattle had traded Percy Harvin. Two days later, he sat in a St. Louis locker room after one of the best games in his career answering questions about whether he was involved in a preseason scuffle with Harvin. Baldwin and the Seahawks are ready to put the Harvin conversation in the past.

    Read More
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Kodak Emerges from Bankrupcty, Shifts Focus to Business Markets

b_250_0_16777215_00_images_obgrabber_2013-09_44bbdcbf1c.jpgDaniel Acker/Bloomberg via Getty Images (NEW YORK) -- Kodak emerged from bankruptcy Tuesday with a new company plan, focusing solely on printing for documents, publications, and product packaging. Now, Kodak is what its chief executive calls "a totally new company. We have emerged as a technology company serving imaging for business markets – including packaging, functional printing, graphic communications and professional services,” Kodak C.E.O Antonio M. Perez said Tuesday.

“We have been revitalized by our transformation and restructured to become a formidable competitor – leaner, with a strong capital structure, a healthy balance sheet, and the industry’s best technology.”

Kodak, which used to employ tens of thousands of people, now has 8,500 workers.

Kodak has completed the final steps of its restructuring, including the spin-off of its Personalized Imaging and Document Imaging businesses to Kodak Pension Plan.

Kodak also paid off its DIP lenders and completed its rights offerings.

Copyright 2013 ABC News Radio

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