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Kodak denies it plans to file for bankruptcy protection From BBC News Oct. 02, 2011 Kodak denies it plans to file for bankruptcy 襯衫protectionKodak is one of the best-known and most iconic brands in photography Continue reading the main story Related StoriesKodak cash 小額信貸call drops shares 25%Eastman Kodak has said it has "no intention of filing for bankruptcy".The struggling US camera and printing G2000group's comments came after it confirmed it had hired a law firm well-known for handling bankruptcy protection cases, Jones Day.Kodak 居酒屋said it was "not unusual for a company in transformation to explore all options".Shares in the firm fell 54% on Friday as fears persist 汽車借款about its future. It has not made a profit since 2007.Kodak, synonymous with film photography for more than 100 years, has struggled to 情趣用品adapt to the digital age.Last week it announced plans to borrow $160m (£103m) for "general corporate purposes".Kodak is now continuing to 室內裝潢explore a sale of its digital imaging patents, worth an estimated $2bn.Mark Kaufman, an analyst at Rafferty Capital Markets, said: "I 會場佈置don't believe bankruptcy is inevitable. "This is a pretty valuable portfolio, they should get a good price."They need to get this 591[sale] out of the way. They need to sell this portfolio, raise some type of cash."The company currently has a market value of $210m. This 酒店工作compares with $31bn at its height in February 1997.
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