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Eastman Kodak reported higher-than-expected quarterly earnings on Thursday as cost-cutting and a big gain from an asset sale trumped lower sales of film, cameras and developing services.
A Texas company has sued Nintendo for alleged violations of a patent in making chips for use in its game consoles, Nintendo said on Friday.
Analyst actions and corporate announcements were some of the catalysts behind the most actively traded stocks on Thursday.
Stocks wrapped up another record week as potential merger deals pushed the major markets higher. "The market responded very well this week to the raft of mergers and acquisitions announcements and private equity deals," said Quincy Krosby, chief investment strategist at The Hartford.
Eastman Kodak posted a wider-than-expected first-quarter loss as cost-cutting failed to outpace a decline in digital photography sales, sending its stock down nearly 6%.
Hey everyone. Here are today's trivia questions; The video question is worth $2,000 Bonus Bucks: Gas prices have surged over the past month. How much have gas prices increased over the past month? Your selection of answer is: $0.37 or $0.10 or $0.50 or $0.30. The news question is worth $1,000 Bonus Bucks: Eastman Kodak reported a loss of how much for the first quarter of 2007? Your selection of answers is: $151 Million or $160 Million or $138 Million or $110 Million.
The board of directors that will govern Delta Air Lines after it exits bankruptcy in two weeks faces a big decision right out of the gate -- who to pick to be the company's next chief executive officer.
Kraft Foods, the largest North American food maker, will join the Standard & Poor's 500 stock index after the close of trading on March 30.
Eastman Kodak said it expected to complete a three-year restructuring program by the end of 2007, including additional job cuts, that will help it sustain profitability.
Eastman Kodak is introducing a line of desktop printers and low cost replacement inks on Tuesday, as the photography company takes on a market dominated by Hewlett-Packard.
Photography company Eastman Kodak posted a quarterly profit on continued growth in its digital business.
Eastman Kodak said Wednesday it will sell its health group imaging business to Onex Healthcare Holdings, a subsidiary of Canadian investment company Onex, for up to $2.55 billion.
The companies also agreed to conclude their patent litigation, which involved imaging technologies, Kodak said.
You should expect to hear more calls for greater regulation of hedge funds, and watch out for another wave of big buyouts by private equity groups in the coming year.
In an exclusive live interview on cnbc.com’s home page, the branding guru tells CNBC's Liz Claman what firms must remember to keep customer loyalty in 2007.