Eastman kodak swung to a second-quarter loss and warned about its ability to pay its current debt obligations, as it attempts to find savings by terminating its retirement pension plan. · kodak filed for bankruptcy protection once in 2012 after struggling with increasing competition, continuing growth in digital photography and growing debt. · in an earnings report on monday, kodak said it doesn’t have “committed financing or available liquidity” to pay about $500 million in upcoming debt obligations. Is cautioning on its business operations, but says it is confident it will be able to work out upcoming debt obligations. · the future of eastman kodak is in doubt today after the historic company said it is struggling to pay a $500 million debt obligation. Is cautioning that there’s “substantial doubt” about its ability to stay in business, saying it may have difficulty meeting … · eastman kodak, the 133-year-old photography company, is warning investors thats it might not survive much longer. Is saying it may have difficulty meeting upcoming debt obligations. · the more than 130-year-old eastman kodak co. Is cautioning that theres substantial doubt about its ability to stay in business, saying it may have difficulty meeting …
Eastman Kodak'S Debt: Is A Bailout Possible?
Eastman kodak swung to a second-quarter loss and warned about its ability to pay its current debt obligations, as it attempts to find savings by...