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Troubling Developments for Kodak

By Dari FitzGerald | More Articles
January 17, 2012 | Comments (2)

It's been a hard few months for Eastman Kodak (NYSE: EK  ) , but this past week was a real doozy. The stock fell on rumors that the company may be talking with Citigroup (NYSE: C  ) about arranging bankruptcy financing, a development that could see Kodak selling its patent portfolio to meet obligations.

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Source: Yahoo! finance.

If Kodak's share price continues to slide, there's a distinct possibility that the stock itself could be delisted. But whoever snaps up Kodak's patents could find itself sitting on a goldmine of possibilities. The future may be hazy for Kodak, but photo bugs out there can still find a reason to smile.

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Fool.com graphics/photo/art editor Dari FitzGerald doesn't own shares of any companies mentioned. The Motley Fool owns shares of Citigroup. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 18, 2012, at 6:30 AM, eastmankodick wrote:

    And what else would we expect from a Fool like Dari and anything from this Fool site. Just an endless stream of the same old opinion spewn near daily.

  • Report this Comment On January 19, 2012, at 11:27 AM, prosperpress wrote:

    Yes East, and they have been so wrong haven't they?

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Related Tickers

5/25/2012 3:58 PM
EKDKQ.PK $0.18 Down -0.01 -4.89%
Eastman Kodak Comp… CAPS Rating: *
C $26.47 Down -0.19 -0.71%
Citigroup Inc CAPS Rating: ***

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