After filing for bankruptcy a while ago, the expected outcome for Kodak was to eventually pull out of the camera business; Today's news that they plan to exit by July makes it official.
Eastman Kodak Co
As we'vereportedbefore, Kodak is moving closer to filing bankruptcy.
Eastman Kodak Co. is preparing for a Chapter 11 bankruptcy-protection filing in the coming weeks should efforts to sell a trove of digi
Eastman Kodak is projected to post a $600 million dollar loss for 2011 and 2012 doesn't look much better. The once perennial camera company is fighting for it's economic life and experts predict it won't make it another year
Historically, changing technology has left many innovative companies in the dark as progress marches on; It appears that this fate might be waiting for the Kodak film company.
Eastman Kodak (EK) has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, The Wall Street Journal reported this afternoon
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