Tag Archives: bankruptcy

Eastman Kodak plummets after announcing bankruptcy

Eastman Kodak (NYSE:EK) today announced that it has filed for Chapter 11 bankruptcy protection after securing $950 million in financing from Citigroup.

The 132 year old photography pioneer will use the filing to try and boost its cash position through …

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Kodak sinks on bankruptcy financing reports

Eastman Kodak (NYSE:EK) is trading over 22 percent lower today after it was reported that the struggling photography pioneer is in talks with Citigroup to get financing it would need if it filed for bankruptcy protection. Bloomberg news was the …

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What’s up Delta Air Lines, MGM Resorts and EMC?

In this report: Delta Air Lines (NYSE:DAL), MGM Resorts International (NYSE:MGM) and EMC Corp. (NYSE:EMC).

Delta Air Lines (NYSE:DAL) shares are trading over 4 percent higher today after a report was released that said the company is interested in buying …

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Soaring stocks and the reasons why (EK, TXT, KBH)

In this report: Textron (NYSE:TXT), Eastman Kodak (NYSE:EK) and KB Homes (NYSE:KBH).

Textron (NYSE:TXT) shares are trading significantly higher today after it was reported that the company could be spinning off some of its businesses. Reuters released an article citing …

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Friday’s big time losers (EK, PSMT, SNTA)

In this report: PriceSmart (NASDAQ:PSMT), Synta Pharmaceuticals (NASDAQ:SNTA) and Eastman Kodak (NYSE:EK).

PriceSmart (NASDAQ:PSMT) shares tanked by more than 13 percent today after the company reported a 6 percent drop in first quarter net income as increased expenses offset higher …

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Big time losers and the reasons why (BKS, EK, SAM)

In this report: Barnes & Noble (NYSE:BKS), Eastman Kodak (NYSE:EK) and Boston Beer Company (NYSE:SAM).

Barnes & Noble (NYSE:BKS) shares have plummeted by more than 17 percent today after the company forecasted a much bigger loss for the year that …

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