The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.» Read More
After the now bankrupt Kodak asked to have its name removed from the theater that hosts the Oscars, it is being dragged into court by the theatre owner over its sponsorship contract.
Greg Abella, Investment Partners Group, and Kodak shareholder, discusses EK's bankruptcy filling, and the possibility of shareholder litigation.
The rise and fall of some corporate icons, including Eastman Kodak that have been casualties of the digital age, with Spencer Ante, The Wall Street Journal and CNBC.com's John Carney.
Take a look at some of Thursday morning's early movers:
As Kodak's stock continues to drop and the threat of bankruptcy looms, people are wondering what happens to the city that depended upon the benevolent employer for so long. Rochester, N.Y. is doing just fine, thanks in part to Kodak refugees who have started small businesses over the past 20 years.
Take a look at some of Friday morning's early movers:
Discussing which once cutting edge tech companies could become obsolete in the near future, with the Fast Money traders.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
Futures slipped again Thursday even after a handful of encouraging data on the employment front as ongoing jitters over the euro zone's debt crisis kept investors from jumping in.
Everyone thinks their business has great prospects going forward, says Ralph Schlosstein, BlackRock co-founder, who weighs in on whether Eastman Kodak is close to filing for chapter 11. Schlosstein also says President Obama averted a possible financial catastrophe.
WNBC's Jonathan Dienst, reports iPhone sales hurt Verizon Wireless' profit margins; the American car industry had it's best year since 2008; Liz Claiborne is changing its name to Fifth and Pacific; and Eastman Kodak could be on the verge of bankruptcy.
The Dow and S&P clawed back into positive territory at the close Wednesday, adding to the sharp rally from the previous session, but gains were limited over renewed fears over the euro zone debt crisis.
Shares of Eastman Kodak dropped as much as 32.8 percent Wednesday following a Wall Street Journal story that the company is preparing for a possible bankruptcy filing.
Speculation that Kodak may be preparing for bankruptcy are sending its shares down more than 30% today, with Porter Bibb, Media Tech Capital Partners, and David Kudla, Mainstay Capital Mgmt.
Futures pulled back Wednesday, after a strong start to the New Year, as investors turned their focus once again to the euro zone's debt concerns.
In the coming year, one writer from TheStreet.com expects considerable buzz generated from new Apple gadgets and a new Microsoft Windows operating system and details his predictions for the top five business tech trends.
Wall Street stocks closed higher Friday as the S&P 500 rallied for a fourth straight day and turned positive for the year after a run of better-than-expected economic data.
U.S. stock index futures pared gains Friday after mixed data on U.S. durable goods orders and consumer spending.
The countdown of the worst CEOs of 2011.
CNBC's Herb Greenberg & Brian Sullivan take a look at the best and worst CEOs of 2011.