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Stock Market News for Dec 13, 2010 - Market News
Monday, December 13, 2010 - 9:06am | 1049On Friday, the markets ended slightly higher on positive economic data and better-than-expected rise in consumer sentiment. However, the markets' upward movement was subdued somewhat due to investors' cautious attitude towards European debt crisis, tensions between the two Korean nations and...
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News Lifts Major Averages Friday 12-10-2010
Friday, December 10, 2010 - 6:25pm | 746Cusick's Corner Rates at 0%, bond yields plummeting, cash is in the market and the Bull is fully vested at this stage. While you will still hear the word “oversold” for weeks to come, that's positive for the market, especially since we settled at levels not seen since '08. Hit the blog www....
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Eastman Kodak Retains Yesterday's Gains (EK)
Friday, December 10, 2010 - 1:45pm | 120Shares of Eastman Kodak (NYSE: EK) had a huge day yesterday, seemingly out of the blue. The stock was flying on massive volume, yet no one knew why. In this market that can only mean one thing - M&A rumors. Looking at the performance of EK shares on Friday, one can surmise that these market...
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Watch Relationships 12-09-2010
Thursday, December 9, 2010 - 6:23pm | 882Cusick's Corner There are relationships that you watch -- bonds & equities, strength in offensive sectors, XLF, that help traders and investors position. While these relationships often change, faster than my wife's mind about whether she still likes me or not, they are important to watch....
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Quiet Action 12-09-2010
Thursday, December 9, 2010 - 3:05pm | 853Cusick's Corner In an effort to increase interest in our daily market commentary to those who had lost contact, we sent an email to more people than we intended on December 9, 2010. We apologize for any inconvenience that this may have caused. If you get and read Xpound already, you will still get...
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Huge Move In Eastman Kodak (EK)
Thursday, December 9, 2010 - 12:52pm | 98Some very unusual activity is taking place in Eastman Kodak (NYSE: EK) on Thursday. The shares have surged 14.88% to $5.48 on massive volume. More than 19.44 million shares have already changed hands compared to a daily average of 5.77 million. There is no news out on Kodak (EK), making this...
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Eastman Kodak Skyrocketing
Thursday, December 9, 2010 - 12:50pm | 135Barry Ritholtz was on CNBC's Fast Money and he said he has been buying Eastman Kodak Company (NYSE: EK), as the stock is exploding to the upside. There is no news out on the stock today, but Ritholtz believes that someone like a Hewlett-Packard (NYSE: HPQ), or a Dell (NASDAQ: DELL) could be looking...
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Picture Perfect Break Out in EK; Call Volume Surges (EK)
Thursday, December 9, 2010 - 11:32am | 159Shares of Eastman Kodak Company (NYSE: EK) are screaming higher this morning, currently up by 11.11%, trading at $5.30. Perhaps it's some of that 17.96% short interest getting jittery? The stock has been consolidating around $4.75 for the past two months, gaining support above the 50-day and 200-...
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Eastman Kodak Surges Higher on Increased Volume (EK)
Thursday, December 9, 2010 - 10:26am | 27Eastman Kodak (NYSE: EK) surges higher on increased volume. At last check, EK was trading at $5.19, up 8.81% from yesterday.
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Kodak's Product Launch - Analyst Blog
Friday, December 3, 2010 - 2:30pm | 574Eastman Kodak Company (EK) introduced PYNK Smart Print System at 5,000 CVS/pharmacy stores worldwide. The PYNK Smart Print System will help print photos in a manner so that they exactly fit the frames. It will facilitate in removing problems in the collage photo frame products and will help in...
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Kodak's Product Launch - Analyst Blog
Friday, December 3, 2010 - 2:12pm | 581Eastman Kodak Company (EK) introduced PYNK Smart Print System at 5,000 CVS/pharmacy stores worldwide. The PYNK Smart Print System will help print photos in a manner so that they exactly fit the frames. It will facilitate in removing problems in the collage photo frame products and will help in...
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Shutterfly Upgraded to Outperform - Analyst Blog
Tuesday, November 30, 2010 - 8:30am | 634We recently upgraded our rating on Shutterfly Inc. (SFLY), a leading provider of Internet-based social expression and personal publishing service, from Neutral to Outperform. The rating was upgraded on a host of factors including better-than-expected third quarter results, seasonality of demand,...
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Shutterfly Upgraded to Outperform - Analyst Blog
Tuesday, November 30, 2010 - 2:47am | 634We recently upgraded our rating on Shutterfly Inc. (SFLY), a leading provider of Internet-based social expression and personal publishing service, from Neutral to Outperform. The rating was upgraded on a host of factors including better-than-expected third quarter results, seasonality of demand,...
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Mad Money Lightning Round: Jim Likes Joy Global, Advises Investors To Sell Eastman Kodak (T, UXG, AEM, EGO, EK, DFT, FFIV, EMC, JOYG)
Monday, November 8, 2010 - 5:08am | 208On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he still likes AT&T (NYSE: T). For US Gold Corp (NYSE: UXG), he said, "There are so many great gold companies.” He advises the investors to buy Agnico-Eagle Mines (NYSE: AEM) or Eldorado Gold (NYSE: EGO). He added, “You need a...
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Earnings Scorecard: Eastman Kodak - Analyst Blog
Friday, November 5, 2010 - 1:33pm | 558Eastman Kodak Company (EK) reported improved numbers in the third quarter of fiscal 2010 on October 28. Management has reiterated its sales guidance for fiscal 2010 and expects it in the range of $7.5 billion to $7.7 billion, flat compared to the previous year. Kodak expects losses from continuing...