Kodak to Sell 2 Units to Settle U.K. Pension Obligations
Kodak has agreed to sell its personalized and document imaging businesses to its U.K. pension plan as part of an agreement that settles $2.8 billion in claims.
Kodak has agreed to sell its personalized and document imaging businesses to its U.K. pension plan as part of an agreement that settles $2.8 billion in claims.
Noah Einstein Restaurant Group, which runs the Einstein Bros. Bagels, Noah's New York Bagels, and Manhattan Bagel chains, posted its quarterly results after Monday's market close. Revenue rose and net income soared, but there's a hole in the center of the good news story.
Once, Kodak was one of the world's most recognized brands -- it's little yellow film boxes were everywhere. Now the the film is a relic, and the company that benignly ruled Rochester, N.Y., for a century is in Chapter 11. A Kodak kid reminisces:
In the wake of Eastman Kodak's bankruptcy filing, some speculators will be tempted in the coming days to nibble on the company's battered shares. But if you know what's good for your portfolio, you'll stay away.
Photography icon Eastman Kodak has filed for bankruptcy, as it seeks to boost its cash position and stay in business. The move comes as the ailing company has failed to find a buyer for its multibillion-dollar trove of digital imaging patents.
Tim Tebow is 5-1 as the starting quarterback for the Denver Broncos, but folks still says he's not an NFL-caliber quarterback. Well, there are plenty of gritty winners on Wall Street, too, making the most of their niche limitations to somehow come out on top.
Last week was another volatile one for investors. Among the ten biggest losers were a wheel maker, a photography pioneer, and a fast-growing mobile apps maker. Recognize any stocks you own there? Read on to find out what went wrong with these companies.
For investors who plan on retiring soon, Kodak may not be an ideal bet. With declines in the film-based photography market and questionable moves into digital, the photography giant faces tough times ahead.
The number of companies in danger of defaulting on their credit obligations will remain high in 2010. And a disproportionate number of them could come from the U.S.









