Kodak cautions there's 'substantial doubt' about its ability to stay in business

The more than 130-year-old Eastman Kodak Co. is cautioning that there's “substantial doubt” about its ability to stay in business, saying it may have difficulty meeting upcoming debt obligations. Shares of the photography company slid more than 13% in early trading Tuesday. “Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt obligations if they were to become due in accordance with their current terms,” the company wrote in a regulatory filing.