Correspondent, New York, NY
Franklin's Feed
Oct 2, 2011
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Sep 30, 2011

Iconic for decades, time running out for Kodak

NEW YORK, Sept 30 (Reuters) – Its legacy spans 13 decades,
and boasts many American firsts, but Eastman Kodak (EK.N: Quote, Profile, Research, Stock Buzz), best
known for cameras and photography, maybe running out of options
and time.

Concerns about the company’s future boiled over on Friday,
after it hired a law firm well-known for bankruptcy cases,
sending its shares down 54 percent to 78 cents per share.
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