Kodak warns it may not stay afloat much longer as photography giant's shares plunge 25%

Shares in Eastman Kodak plunged 25% Tuesday after the flailing photography giant warned it may be forced to shut down after 133 years if it doesn’t secure a financial lifeline.In an earnings report on Monday, Kodak said it doesn’t have “committed financing or available liquidity” to pay about $500 million in upcoming debt obligations. “These conditions raise substantial doubt about the company’s ability to continue as a going concern,” the company said in a filing. 3 Camera maker Eastman Kodak warned it m ...