Frank Smith Says NB: Kodak denies bankruptcy plan but shares plummet - Courant.com

Saturday, October 1, 2011

Kodak denies bankruptcy plan but shares plummet - Courant.com

3 comments:

Anonymous said...: Another victim of the socialist Democrats and their anti-American agenda!; October 1, 2011 at 10:28 AM
Anonymous said...: Kodak, which delivered the first consumer camera in 1888, denied it had a bankruptcy plan, saying it was committed to meeting its obligations and is still looking for ways to "monetize" its patent portfolio.

Once synonymous with photography, Kodak has struggled with the move to digital cameras and failed to turn a profit since 2007.

It has been exploring a sale of its digital imaging patents, worth an estimated $2 billion, and hired investment bank Lazard in July to explore options.; October 1, 2011 at 12:26 PM
Anonymous said...: It appears that Kodak's problems began at the onset of the Digital Camera a few years ago...The sale of Kodak film made a landslide. BUT...with Kodak being a pioneer in photography, one would think they would make a market killing in the digital camera industry. Apparently, their many competitors saw into the future. It would be a sad day if Kodak became a brand name of the past. It's like Coca Cola dropping out of the soft drink industry!! :(; October 1, 2011 at 4:44 PM

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