Tech giants may seem eternal but can quickly cede to nimble competitors. Here's a look at 10 companies who have fallen from the top spot.» Read More
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.
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.
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.
To decide whether a departure is good or bad, you have to figure out why your manager left, and whether their replacement is any good, USA Today reports.
Stocks eased off their worst levels, but still finished lower in another thin, volatile session Thursday as investors sifted through a handful of headlines from the euro zone and after the S&P breached a key technical level.
CNBC spoke with attorney Gary Rosenbaum on what Kodak needs to do now.
Futures extended their gains in volatile pre-market trading Thursday after the ECB unexpectedly cut its interest rate and following talks the Greek government might collapse, thus avoiding a referendum on its euro zone membership and easing concerns about an imminent default.
Stocks ended near session highs Friday following news that a group of euro zone finance ministers have approved the next round of aid for Greece and amid optimism over the euro zone ahead of the EU summit on Sunday.
Eastman Kodak's shares continued to trade with heavy volatility as the imaging company explores ways to shore up its financials. Its stock has swung wildly after Kodak hired Jones Day for restructuring advice.
October is known as the jinx month because of crashes in 1929, 1987, Friday the 13th in 1989 and the financial meltdown in 2008. Yet, according to the Stock Trader's Almanac, October is a "bear killer" and turned the tide in 11 post World War II bear markets.