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BMC Maintains Hold on Eastman Kodak (EK)
Friday, April 29, 2011 - 6:51am | 120BMC is out with its report today on Eastman Kodak (NYSE: EK), maintaining Hold. In a note to clients, BMC writes, "Both Mar Q revenue and EPS of $1.32B and ($1.13) were below Street estimates of $1.38 and ($0.58). Kodak didn't generate any IP income in the Mar Q and GM of 10.5% missed by a wide...
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Canary in the Coal Mine 04-28-11
Thursday, April 28, 2011 - 2:27pm | 1025Cusick's Corner The Base Metals sector (take DBB ETF for example) can be used as the canary in the coal mine. These metals -- Copper, Zinc and Aluminum are the backbone of a thriving economy and the ETF DBB is drifting to March lows. If there is weakness in Copper or the group in general, this...
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Eastman Kodak Reports EPS of $(0.92) vs. $(0.58) Estimate; Revenues $1.322B vs. $1.38B Estimate (EK)
Thursday, April 28, 2011 - 6:23am | 22Eastman Kodak (NYSE: EK) Reports EPS of $(0.92) vs. $(0.58) Estimate; Revenues $1.322B vs. $1.38B Estimate
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Earnings Scheduled For April 28 (MSFT, AET, VIA, XOM, CL, PEP, BMY, MMI, TWC, PG, DOW, S, TYC, CCE, SWY, HOT, EK, EXPE, D, VRSN, EMN)
Thursday, April 28, 2011 - 1:33am | 559Microsoft Corp (NASDAQ: MSFT) is expected to post its FQ3 earnings at $0.56 per share on revenue of $16.20 billion. Aetna Inc (NYSE: AET) is projected to report its Q1 earnings at $0.97 per share on revenue of $8.38 billion. Viacom Inc (NYSE: VIA) is projected to report its FQ2 EPS at $0.61 on...
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Kodak Closes On Amended And Restated Credit Agreement (EK)
Tuesday, April 26, 2011 - 3:14pm | 112Eastman Kodak Company (NYSE: EK) today successfully closed on a five-year Amended and Restated Credit Agreement. The Amended Facility provides enhanced financial flexibility for the company as it works to complete its historic business transformation. The previous credit agreement was scheduled to...
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Kodak Reports Significant Progress on Sustainability Goals (EK)
Monday, April 18, 2011 - 7:33am | 127Eastman Kodak Company (NYSE: EK) today reported that it has reduced greenhouse gas emissions by 49%, closing in on its goal for a 50% reduction by the end of 2012 under its current set of Sustainability Goals. Since the baseline year of 2002, Kodak has achieved a GHG reduction of more than 1.5...
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M&A News: eBay Buys GSI Commerce, Salesforce Picks Up Radian6
Monday, April 4, 2011 - 11:52am | 878By Damian Thompson No, CSI is not developing a third offshoot of its show to feature Commerce, California. And no David Caruso isn't taking his “talents” away from South Beach. It is GSI not CSI, as eBay (EBAY) purchased GSI Commerce this week in its second-largest acquisition ever and Salesforce...
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Benzinga's Top Pre-Market NASDAQ Losers (OVTI, CYTX, AMTD, LOGI)
Monday, April 4, 2011 - 7:28am | 137OmniVision Technologies Inc (NASDAQ: OVTI) dipped 4.64% to $34.51 in the pre-market session. OVTI purchased Eastman Kodak (NYSE: EK) patents for $65 million. Cytori Therapeutics Inc (NASDAQ: CYTX) fell 3.92% to $7.60 in the pre-market session. CYTX's trailing-twelve-month ROE is -286.17%. TD...
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Market at Point of Indecision 03-28-2011
Monday, March 28, 2011 - 2:15pm | 893Cusick's Corner The market is at a point of indecision, especially with the market digesting quite a move to the upside, hitting resistance at the very point in February where there was a glut of congestion and finally the lack of volume. Also the proverbial Canary in the coal mine is chirping,...
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Small Victory For Kodak (EK, AAPL, RIMM)
Monday, March 28, 2011 - 11:43am | 193After Kodak (NYSE: EK) won another small victory in patent dispute, its stock rose 20%. Kodak has been in dispute with Apple (NASDAQ: AAPL) and Research In Motion (NASDAQ: RIMM) over Kodak's patent on a digital previewing technology. Kodak shares had dropped 37% this year, but climbed to $4.02 at...
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Options Brief: Eastman Kodak Company (EK)
Monday, March 28, 2011 - 9:35am | 93Shares of Eastman Kodak Company (NYSE: EK) are higher on the session by 11.76%, trading at $3.80. Overall call volume is now running at 2.40x the daily average, wit 19% of all calls traded being purchases on the offer. 1,359 contracts have traded on the session so far. Eastman Kodak Company is...
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Eastman Kodak Up 14% (EK)
Monday, March 28, 2011 - 8:41am | 59Eastman Kodak Company (NYSE: EK) shares are off their pre-market highs, but are still up 14% on news that the company may be getting close to receiving royalty payments from Apple and Research in Motion for patent infringements. At last check, shares of Eastman Kodak were up 48 cents to $3.88, a...
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BMC Maintains Hold on Eastman Kodak (NYSE: EK)
Monday, March 28, 2011 - 7:25am | 139BMC is out with its report today on Eastman Kodak (NYSE: EK), maintaining Hold. In a note to clients, BMC writes, "We remind investors that any compensation Kodak could receive remains contingent on negotiations & settlement between Kodak and Apple (NASDAQ: AAPL) & RIMM (NASDAQ: RIMM) –...
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Brean Murray Comments On EK Patent-Infringement Complaint Against AAPL, RIMM
Monday, March 28, 2011 - 7:23am | 149Friday after the market close, the International Trade Commission (ITC) announced its intent to review Eastman Kodak's (NYSE: EK) patent-infringement complaint versus Apple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM), Brean Murray reports. “We remind investors that any compensation that...
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Time To Look At Eastman Kodak? (EK, AAPL, RIMM)
Monday, March 28, 2011 - 7:14am | 288Shares of Eastman Kodak (NYSE: EK) sharply rallied in after-hours on Friday, gaining around 20% after a U.S. trade panel agreed to review the company's claims that Research in Motion (NASDAQ: RIMM) and Apple (NASDAQ: AAPL) are infringing on some of the company's patents. If this is proven to be...