Eastman Kodak Co., the photography pioneer overcome by digital competition, emerged from bankruptcy today as a commercial-printing company that sells nothing to consumers.
A group including Apple Inc., Google Inc. and Research In Motion Ltd. agreed to buy patents from bankrupt Eastman Kodak Co. for about $525 million, gaining digital-imaging technology to capture and share pictures.
International Business Machines Corp., the world’s biggest computer-services provider, boosted its stock-buyback plan by $7 billion and raised its dividend to return cash to shareholders as earnings increase.
International Business Machines Corp.’s Watson computer, which beat champions of the quiz show “Jeopardy!” a year ago, will soon be advising Wall Street on risks, portfolios and clients.
