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Eastman Kodak Pops; Bullish Pattern Confirmed
Friday, August 26, 2011 - 9:33am | 136Shares of Eastman Kodak (NYSE: EK) are moving higher this morning; currently, they are up by 4.87%, trading at $2.80. Eastman Kodak is on the high of the day. The stock recently jumped higher on high volume, recently topping at $3.34. Shares consolidated lower, but found support at the 20-day and...
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5 stocks to watch next week
Friday, August 19, 2011 - 6:29pm | 1394( click to enlarge ) Hansen Natural Corporation (NASDAQ:HANS) is flagging right here. If we get a breakout from that flag, this stock could see higher prices quickly. ( click to enlarge ) Eastman Kodak Company (NYSE:EK) has had a strong move up to this point and could be consolidating here...
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Eastman Kodak Continues Higher; Jumps 7%
Thursday, August 18, 2011 - 8:51am | 134Shares of Eastman Kodak (NYSE: EK) are continuing their impressive rally today; currently, shares are higher by 7.06%, trading at $2.88. The stock was off to the races on high volume yesterday, gapping higher from $2.14 to close at $2.69. The move was due to a Bloomberg report that stated Eastman...
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We Have The Patents, You Do The Rest
Wednesday, August 17, 2011 - 12:28pm | 733Eastman Kodak Company (NYSE: EK) came up with the slogan, "You press the button, we do the rest" hundreds of years ago when the company first started. Now it looks like the company's patents are all it has left, and according to Bloomberg, those patents may be extremely valuable. The company had...
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Pre-Market Gainers; Eastman Kodak up on Bloomberg Article
Wednesday, August 17, 2011 - 8:24am | 117Eastman Kodak (NYSE: EK) +14.95% following a Bloomberg article discussing the value of company's patents. Approach Resources (NASDAQ: AREX) +14.14% Clearwire (NASDAQ: CLWR) +8.74% Staples (NASDAQ: SPLS) +8.30% on better than expected Q2 earnings and Q3 guidance. Chico's (NYSE: CHS) +5.08% on...
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Kodak Owns $3 Billion in Patents, according to MDB Capital Group
Wednesday, August 17, 2011 - 7:01am | 89Digital-imaging patents owned by Kodak (NYSE: EK) could be worth $3 billion in a sale according to Chris Marlett, chief executive officer at MDB Capital Group, in an interview with Bloomberg. Potential buyers include Microsoft (NASDAQ: MSFT) and Samsung Electronics. Kodak's technologies are used in...
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Pre-Market Gainers 8/8
Monday, August 8, 2011 - 7:02am | 103Eastman Kodak (NYSE: EK) lost over 20% during pre-market trading after CEO commented on Friday that the company may sell its intellectual property. Cirrus Logic (NASDAQ: CRUS) lost over 14% in pre-market trading today. Northern Oil & Gas (NYSE: NOG) lost over 11% in pre-market trading today...
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Better Yet, Take A Picture Of Me With A Kodak (Patent That Is)
Tuesday, August 2, 2011 - 10:55am | 578According to the Wall Street Journal, Eastman Kodak Company (NYSE: EK) is thinking of selling one of the most important parts of its company: the patent for previewing photographs. This is incredibly important because this is the same patent that has Kodak currently involved in litigation with...
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Kodak Adopts Plan to Preserve Valuable Net Operating Losses
Monday, August 1, 2011 - 7:08am | 154Eastman Kodak Company (NYSE: EK) today announced that its Board of Directors has adopted a Net Operating Loss Shareholder Rights Agreement designed to preserve its substantial tax assets. As of December 31, 2010, Kodak had tax attributes, including net operating losses and tax credit carry-...
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BMC Reiterates Hold on Eastman Kodak
Wednesday, July 27, 2011 - 5:11am | 48BMC reiterated its Hold rating on Eastman Kodak (NYSE: EK). At the same time, the rating agency does not have a price target placed on the company's stock. On Tuesday, EK added 2.58% to its value to finish the day at $2.39.
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Playing Chicken 07-26-2011
Tuesday, July 26, 2011 - 5:46pm | 1029Cusick's Corner We finished right on the lows and the bureaucrats in Washington still think that it is ok to continue to play Deficit Chicken. The pullback in the Buck was something that caught my eye and explained the run in the Commodities, XLE/DBC/FCX, so these are the sectors that investment...
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What's The Dealio? 07-26-2011
Tuesday, July 26, 2011 - 2:08pm | 1112Cusick's Corner This is frustrating, choppy action in the markets today and when they start acting like this you really want to keep your focus and patience on positioning. Gold traders, GLD, are the most frustrated, this market looks like it should just turn over but just has not turned south,...
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Earnings Roundup
Tuesday, July 26, 2011 - 8:32am | 1635Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....
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UPDATE: Eastman Kodak Reports Wider-Than-Expected Q2 Loss; Shares Down In Pre-Market
Tuesday, July 26, 2011 - 8:11am | 66Eastman Kodak Co (NYSE: EK) reported a wider-than-expected second-quarter. Kodak posted a quarterly loss at $179 million, or $0.67 per share, versus a year-ago loss of $168 million, or $0.63 per share. Its sales dropped 4.5% to $1.49 billion. Analysts were expecting a loss of $0.61 per share on...
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Pre-Market Winners and Losers
Tuesday, July 26, 2011 - 7:42am | 202Winners: RadioShack (NYSE: RSH) is up almost 19% after the company announced an agreement to provide Verizon Wireless (NYSE: VZ) products in its stores. Broadcom (NASDAQ: BRCM) is up over 8% after reporting earnings. Ceva (NASDAQ: CEVA) is up over 7% after reporting earnings. Hexcel Corp (NYSE...