Next Stop Bankruptcy for This Iconic Company
The following video is part of our "Motley Fool Conversations" series, in which, Brendan Byrnes, Industrials editor and analyst, and Austin Smith, consumer-goods editor and analyst discuss, topics around the investing world.
In today's edition, Brendan and Austin talk about a company on the slow road to bankruptcy: Eastman Kodak. As Kodak struggles to sell its patents and burns through cash quickly, it's questionable whether it'll survive the year without a massive patent sale. Furthermore, its choice to enter the printer market with veteran Hewlett-Packard is not looking promising.
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At the time this article was published Brendan Byrnes and Austin Smith own no shares of the companies mentioned here. The Motley Fool owns shares of Apple and Google.Motley Fool newsletter serviceshave recommended buying shares of Apple, IMAX, and Google and creating a bull call spread position in Apple. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.