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Bankruptcy fears hammer Kodak stock
Eastman Kodak Co. shares lost two-thirds of their value on Friday as the company hired a restructuring advisory firm, triggering speculation that the photography pioneer was about to file for bankruptcy. Kodak, which delivered the first consumer camera
Updated: 10/01/2011 05:24A
Kodak stock plummets amid bankruptcy fears
Kodak has been a hallmark of American business. The company's history stretches back to inventor George Eastman's Eastman Dry Plate Company in 1881. By 1885 he had introduced the the first transparent photographic film. The "Kodak" camera hit the
Updated: 10/01/2011 05:19A
UPDATE UPDATE 1-Scenario of coordinated Greek default needed-Slovak Finmin
BRATISLAVA Oct 1 (Reuters) - The euro zone debt crisis' contagion has spread and policymakers should assess the bloc's preparedness for the possibility of a coordinated bankruptcy in Greece if the situation there turns to be unsustainable,
Updated: 10/01/2011 05:12A
Kodak says it's looking at its options
"This management team has driven the company into the ground." Kodak has lost money in 11 of the past 14 quarters and sales have fallen as growing business lines, such as commercial and desktop inkjet printing, have been unable to compensate for the
Updated: 10/01/2011 05:05A
Stirling Energy Systems bankruptcy adds to US solar energy woes
Stirling Energy Systems (SES), maker of the SunCatcher concentrated solar thermal power (CSP) technology, has filed for Chapter 7 bankruptcy. SES was slated to supply its 25 kW Suncatcher technology for the 850 MW Calico Concentrated Solar Energy
Updated: 10/01/2011 04:56A
Judge wants quick L.A. hearing
A Delaware judge presiding over the Los Angeles Dodgers bankruptcy issued an order Friday scheduling a hearing that could determine the fate of the team and said he expects baseball commissioner Bud Selig and Dodgers owner Frank McCourt to testify
Updated: 10/01/2011 04:55A
Kodak bankruptcy feared
Eastman Kodak Co. shares fell almost 70 per cent on Friday on concerns the photography pioneer could file for bankruptcy. Kodak has hired Jones Day for restructuring advice, the Wall Street Journal reported, citing people familiar with the matter.
Updated: 10/01/2011 04:55A
Kodak shares plunge as bankruptcy fears rise
A Jones Day partner who oversees the firm's business reorganization and restructuring practice didn't immediately return a message. "As we sit here today, the company has no intention of filing for bankruptcy," Kodak spokesman Gerard Meuchner told the
Updated: 10/01/2011 04:05A
Twin River bankruptcy case closes
Despite his frustration over public statements made by the owners of Twin River, the Lincoln, RI, slots parlor, a federal judge has officially closed the Chapter 11 bankruptcy case the facility's former owners opened in 2009.
Updated: 10/01/2011 04:02A
Bingham McCutchen LLP | “Living Wills” Rules Adopted for Large Bank Holding
Such a resolution would be conducted not under the Bankruptcy Code, but under the Federal Deposit Insurance Act (the “FDI Act”) pursuant to which the FDIC acts as receiver for the CIDI. The resolution plans of CIDIs must enable the FDIC to resolve the
Updated: 10/01/2011 03:51A
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