Friday, November 4, 2011

Kodak warns it may close shop without patent deals

Kodak warns it may close shop without patent deals - Kodak has quietly warned that it may have difficulty continuing operations if it cannot fetch additional funding. In its quarterly 10-Q filing with the Securities and Exchange Commission, the company reported a 10 percent drop in cash holdings, down from $957 million to $862 million, and slashed its cash balance forecast for the end of the year by $300 million ...

(Via MacNN | The Macintosh News Network.)

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