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Kodak announced in the file of the Securities and Stock Exchange (SEC) on Monday that there is “great complaints” about the company The ability to stay at work.
The company plans to pay some of the preferred debts and shares using the money you expect to return from the pension plan. The company hopes to change the conditions, pay the dates of entitlement or re -financing its remaining debts and the preferred shares ’obligations, which are the payments paid for private stock holders that you usually receive Paid before ordinary shareholders.
However, since these plans depend on things outside the control of Kodak, they are not considered reliable under American accounting rules. For this reason, there is serious concern about whether the company can stay in the field of business, as of the date of its financial results in the second quarter, according to the deposit.
Kodak plans to pay some of the preferred debts and shares using the money you expect to return to from the pension plan. (Paul Morris / Bloomberg via Getti Imachurs / Tire)
Kodak was a pioneer in cinematic photography and an identity in the market throughout the twentieth century. It has become a familiar name, known for products such as eliminating cameras, and at their peak, controlling more than 80 % of the American movie market.
Kodak invented the first digital camera in 1975, but failed to embrace technology, for fear that it would emphasize her cinematic works.
The most powerful digital camera in the world takes the first historical photos
Kodak simultaneously took control of the American film market. ((Photography Nikos Pekiaridis / Nurphoto via Getty Images) / Getty Images)
When he took digital photography, Kodak’s basic works collapsed. While eventually tried to jump into the digital photography game, she struggled to keep up with emerging competitors such as Canon, Sony and Nikon, all of which embraced it early.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| Your code | Eastman Kodak Street. | 5.21 | -1.59 |
-23.38 % |
Full of debt, she applied for bankruptcy in 2012.
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Kodak invented the first digital camera but did not invest in technology, for fear that it would work to confirm her cinematic works. (Jim Laragy / Bloomberg via Getty Images) / Getty Images)
While the company came out of protection in 2013, it did not regain its dominant location in the market. In an attempt to save her business, she was identified from consumers photography to commercial printing and technology. Simultaneously tried to revive her brand through licensing deals and bold experiments, such as Cooperation with Forever 21 On a collection of clothing, before the chain of clothing collapsed, and with Outfitters in urban areas to sell their products.
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