My Kodachrome Has Been Taken Away
Rest in Peace, Kodachrome - 1935-2010 - Paul Simon Sang About It, a State Park was named after It, National Geographic Shot Their Most Famous Photos On It, and now they have taken our Kodachrome away.
View ArticleXylem, ITT Spinoff, To Join S&P 500
ITT's(ITT) long awaited spinoffs, Xylem(XYL) and Exelis (XLS) are set to be distributed to shareholders on 10/31. Standard & Poor has announced that Xylem will take ITT's place in the S&P 500...
View ArticleEastman 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 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 ArticleHas The End Begun For Sears Holdings? CIT Stops Financing Sears Vendors
Sears Holdings(SHLD) can’t seem to catch a break. After weeks of falling, Sears stock rallied 8% today on no news. Shareholders should cut their rejoicing short after tonight’s report from Bloomberg...
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 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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