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.
Stocks kicked off the new month and quarter with a thud Monday, led by financials, as worries over Greece continued to spook investors and overshadowed a pair of better-than-expected economic news. The Dow and S&P closed at their lowest levels in over a year.
Amid all the chatter of Kodak possibly going into Chapter 11 bankruptcy protection, one thing is clear in the company's home town, Rochester, N.Y.: No one's surprised.
CNBC's Brian Shactman has the story on speculation mounting that Eastman Kodak may be filing for bankruptcy, while the company pushes back by saying there is no plans for bankruptcy.
Futures slipped Monday as European shares tanked following news that Greece will miss a budget deficit target for this year that was set only months ago.
Stocks closed out the worst quarter in almost three years amid fears over the global recovery and finished near session lows for the day as investors were reluctant to stay long ahead of the weekend.
Discussing the prospects of a successful turnaround at EK after the company hires lawyers to help it restructure, with Gregory Charleston, Conway MacKenzie.
Is there a light at the end of the tunnel for Kodak? Insight with Mark Kaufman, Rafferty Capital Markets analyst.
Stocks closed near session highs in volatile trading Monday, led by financials and energy, amid hopes for coordinated action from euro zone policymakers to contain the region's debt crisis.
Futures climbed Monday as stocks rebound from sharp declines last week fueled by concerns over a double-dip recession, with speculation of a rate cut by the ECB mounting in Europe.
Discussing HP's new growth strategy and why investors should keep an eye on the board of directors, with CNBC's David Faber and Gary Kaminsky.
Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
The U.S. arbiter for trade disputes has rejected Apple's claims that photography pioneer Kodak violated Apple's patents covering digital camera technology.
Stocks closed sharply higher Friday to finish their best week almost two years following a stronger-than-expected manufacturing report that helped calm some doubts over the slowing recovery.
Stocks gained for a fifth straight session on Friday and were on track to finish their best week in nearly a year following a stronger-than-expected manufacturing reading, helping to dispel some doubts about the recovery.
Futures gained Friday, following the stock market's strongest rally since September in the previous session on the heels of stronger-than-expected economic news and over optimism that Greece's debt crisis would see a resolution.