Eastman Kodak Divests Insignificant Division, Muddles Management Structure,...
Eastman Kodak(EK) was once synonymous with photography and imaging. Today, like the abandoned subwayin its home town of Rochester, it stands as a hulking relic testifying to the lost hopes and dreams...
View ArticleKKR’s Representatives On Kodak’s Board Resign As Bankruptcy Looms
A little over two years ago, on September 29, 2009, Kolhberg, Kravis Roberts purchased $300 million in Senior Secured Notes from Eastman Kodak(EK) and was granted 40 million warrants at $5.50 per...
View ArticleResponse To Critic Of Our Eastman Kodak Post
Recently, we’ve taken a dim view of Eastman Kodak’s(EK) prospects. As we wrote here and here, we believe the company is most likely past the point where a turnaround outside of bankruptcy is possible....
View ArticleAnother Eastman Kodak Director Departs, Fleeing Sinking Ship
Laura Tyson, who had been a Director at Eastman Kodak(EK) since 1997, resigned on December 29, the company reported in a filing with the SEC. Tyson is the third Kodak director to resign in the last...
View ArticleCan Eastman Kodak’s Real Estate Save It?
A comment on a recent post asked whether we’d considered the value of Eastman Kodak’s(EK) real estate. It’s not something we’d given much thought to, but we’re friendly folk and so we proceeded to do a...
View ArticleEastman Kodak Delisting Notice a Non-Event
Lately, it seems like this blog is becoming all Eastman Kodak(EK) all the time. Odd for a stock we don’t even own. Some Kodak bulls have commented that we interpret every piece of Kodak news...
View ArticleEastman Kodak Preparing Bankruptcy Filing- WSJ
Kudos to the Wall Street Journal for scooping the story that Eastman Kodak(EK) is preparing a bankruptcy filing and may file by month’s end. The company is still exploring a patent sale to stave off...
View ArticleA Model For Kodak To Emulate?
We’ve written extensively about the once-great Eastman Kodak’s(EK) slide to bankruptcy, but what might be the result of a Kodak bankruptcy? What might Kodak, and the city of Rochester look like in 5...
View ArticleDon’t Be Fooled By Eastman Kodak’s Dead Cat Bounce
Eastman Kodak(EK) surged 35% today, building on yesterday’s gains. Investors were reacting positively to two pieces of news released by the company. On Tuesday morning the company announced it was...
View ArticleKodak Shares Worthless As Firm Finally Files Chapter 11
We’ve been warning for weeks that Eastman Kodak(EK) shares were too dangerous to own. Kodak finally made it official late last night and filed a voluntary Chapter 11 business reorganization. Citigroup...
View ArticleBankrupt Kodak Finally Starts Killing Hopeless Businesses, Retains Doublespeak
Eastman Kodak(EKDKQ), in bankruptcy with its shares destined to be worthless, is finally starting to make the moves that might have helped it avert this fate had failed CEO Antonio Perez undertaken...
View ArticleKodak Kills Slide Film – We Kill Our Slide Collection
In December of 2010, we mourned the loss of Kodachrome, the iconic film. Now Kodak, amidst its financial woes, is discontinuing slide film. This leaves Fujifilm as the only provider in this area. The...
View ArticleBankrupt Eastman Kodak Sells “Billions Of Dollars” Worth Of Patents For $525...
A year ago, we questioned Eastman Kodak’s solvency, and discovered a strange world of what Donald Rumsfeld might have called “dead-enders” who believed in a pot of gold at the end of the Kodachrome...
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