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Kodak on the verge of bankruptcy
Kodak, the company that revolutionized photography over a century ago with the world's first practical film camera is reportedly on the verge of filing for bankruptcy. In trouble for some time now thanks to declining sales, Kodak was openly looking to
Updated: 10/01/2011 12:36P
Moo & Oink, iconic Chicago meat store, in bankruptcy, closes after 150 years
AP CHICAGO — An iconic Chicago meat store is in bankruptcy and has shut its doors after 150 years. The Chicago Sun-Times reports (http://bit.ly/qUUtPZ ) that all four Moo & Oink stores closed Friday after a judge placed the company in Chapter 7
Updated: 10/01/2011 12:27P
Shares sink even as Kodak denies bankruptcy
Investors for the company have been up in arms about everything from its share price decline to its management. One shareholder had asked the company's board on Thursday to start a sales process while others sharply criticized Chief Executive Antonio
Updated: 10/01/2011 12:10P
Kodak orporate headquarters in Rochester, New York. Gary Wiepert/Reuters
Investors for the company have been up in arms about everything from its share price decline to its management. One shareholder had asked the company's board on Thursday to start a sales process while others sharply criticized Chief Executive Antonio
Updated: 10/01/2011 12:02P
US hands out last of loan aid to solar energy projects
US President Barack Obama's administration on Friday approved more than US$4.7 billion in loan guarantees for major solar projects as the government closes an incentive program embroiled in controversy over the bankruptcy of one of its biggest projects
Updated: 10/01/2011 12:00P
Money gone, but winery and resolve remain
Her strategy was similar, attract equity investors to pay off the debt, make the business cash-flow positive and then sell. Over a decade, she bet more than $65 million, using her own money at first and then borrowing more, on the winery, a notoriously
Updated: 10/01/2011 11:57A
Kerry Katona Balloons In Weight After TV Show Is 'Axed'
After bravely battling bipolar disorder and facing the brink of bankruptcy, Kerry was back at her best on the opening night of the infamous show. Pals insist that the downwards spiral of her weight started whilst locked up in the house.
Updated: 10/01/2011 11:53A
Kodak: Bankruptcy not an option
Kodak's fortunes in the stock market suffered a blow with the confirmation that it hired the law firm Jones Day and with the recent news that it had drawn $160 million from a line of credit. Kodak's cash on hand was listed at $957 million June 30,
Updated: 10/01/2011 11:35A
Man charged with murder after body found in Perinton home
4:58 am Eastman Kodak said it has no intention of filing for bankruptcy protection from its creditors, but acknowledged it's being counseled on options regarding its "transformation."- 4:35 am Learn who your representatives are with district maps and
Updated: 10/01/2011 11:34A
Earning Freedom with Debt Consolidation
Some individuals go for the bankruptcy option. But I'd not suggest you that, for the main reason that your credit structure collapse when you announce bankruptcy, so all that you've worked hard for is lost. Bankruptcy leads you to create your whole
Updated: 10/01/2011 11:21A