Eastman Kodak Co – Charm

5 things to know before the stock market opens Thursday

Cs news11 months ago11 months ago06 mins

Here are five key things investors need to know to start the trading day: 1. September cut? It’s looking more and more likely that the Federal Reserve will soon start cutting rates, and investors are thrilled. After this week’s cooler-than-expected consumer inflation report, Fed funds futures now forecast a nearly 100% chance that the central…

Kodak cautions there’s ‘substantial doubt’ about its ability to stay in business

Cs news11 months ago04 mins

The more than 130-year-old Eastman Kodak Co. is cautioning that there’s “substantial doubt” about its ability to stay in business, saying it may have difficulty meeting upcoming debt obligations. Shares of the photography company slid more than 13% in early trading Tuesday. “Kodak has debt coming due within 12 months and does not have committed…