EK

EK Articles

Earnings season is still running strong and the economic readings keep coming out as well. As we come to the end of October, there is going to be plenty of news coming down the pipe. We also have...
Short sellers moved out of stocks that have fallen recently. Perhaps they believe there will be a large rally in the market. There is little else to make the shares of companies with poor earnings...
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35%...
Eastman Kodak (NYSE: EK) is in talks to raise $900 million from investors. It is a perfect chance for financiers and the board to replace CEO Antonio Perez, who has run the company since 2005. That...
Obama to announce aid for student and home loans. Home loan proposals will include refinancing for underwater mortgages. (Reuters) EU leaders press Italy for more austerity measures. (Reuters)...
The Obama Administration will release a plan on Monday to help people with underwater mortgages and good credit to get new refinanced home loans at present rates which are the lowest in decades. This...
Slow sales of Windows keeps Microsoft’ s (NASDAQ: MSFT) revenue low. (Reuters) The Murdoch family will face voters angered about the UK paper hacking scandal at today’s annual meeting. (Reuters)...
Eastman Kodak Co. (NYSE: EK) is a troubled company where any bit of good news can help.  News is out on Monday that IMAX Corporation (NYSE: IMAX) will broaden the application of digital cinema...
Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters) Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250 million in the merger....
You know the Wall Street rumor mill goes into overdrive from time to time.  This is not so much of a “today” issue but an “all of them, right now!” issue.  There are too many takeover and...
Updated throughout the day. A whistle blower named Grant Wilson tracked currency trades at BNY Mellon, trades which may have harmed pension funds returns (WSJ) News Corp (NYSE: NWS) is under further...
CEOs from General Electric (NYSE: GE), Intel (NASDAQ: INTC), Boeing (NYSE: BA) and other companies tell Obama in their President’s Council on Jobs and Competitiveness report that he must get more...
Sprint-Nextel (NYSE: S) does not deserve the money it soon will request from Wall St. The company caused consternation among investors last week when its management said the firm would need more...
Some companies that are rumored to file for Chapter 11 do not. That appears to be the case with Eastman Kodak (NYSE: EK) and AMR (NYSE: AMR), parent of American Airlines. But that did not stop the...
AMR Corporation (NYSE: AMR) is in trouble.  That is at least what the rumor mill is trying to signal.  What may seem like aggressive reporting over the weekend has added fuel to the fire of the...