Kodak Warns of 'Substantial Doubt' About Business Survival

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2 days ago

Above: Two Kodak film rolls. Image copyright: Nikos Pekiaridis/NurPhoto/Getty Images

story last updated 2 days ago

The Spin

Narrative A

The government threw Kodak a lifeline five years ago, and it fumbled it. A deal that would've made it a leading producer of drug ingredients fell apart over a rushed rollout and disclosure missteps that raised concerns with the SEC and Congress. Now Kodak is paying the price for missing its chance.

Wall Street Journal

Narrative B

Kodak emerged from bankruptcy last decade by shifting its focus from cameras and film to commercial and packaging printing. It can adapt again, and the manufacturing plant that's near completion should help the company survive as a maker of regulated pharmaceutical products.

CBS