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Thursday February 23rd 2012

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Sports Headlines

Basel shock Bayern
A late goal from substitute Valentin Stocker gave Basel a shock 1-0 win over Bayern Munich in the first leg of their Champions League last 16 clash.

Brighton claim point
Brighton & Hove Albion responded in fine style from their FA Cup thrashing at Liverpool by claiming a goalless draw at Hull City.

Derbyshire National News: Kodak Applies For Bankruptcy Protection

Kodak Logo
Kodak Logo
Eastman Kodak, the company that invented the Handheld Camera has applied for bankruptcy protection.

Kodak has already released a statement informing customers that its business will continue as usual for customers.

The company has recently moved away from producing consumer cameras and has moved on to making printers in an effort to reduce its falling profits.

The 132 year old company has struggled to keep up with todays modern market as other manufacturers switched to the digital camera earlier and kodak struggled to adapt.

Kodak has also said it had already arranged a $950m (approx £615m) credit facility from Citigroup.

Thursday January 19th 2012
The Onlines

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