Recs

6

Rumor Report: Kodak Talks Bankruptcy With Citigroup

By Tamara Rutter | More Articles
January 13, 2012 | Comments (2)

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Eastman Kodak (NYSE: EK  ) is reportedly in talks with Citigroup (NYSE: C  ) on a possible bankruptcy financing arrangement.
  • Bank of America (NYSE: BAC  ) could take drastic measures to secure additional capital if the bank's financial situation worsens.
  • Apple (Nasdaq: AAPL  ) sees a near-riot in China from frustrated customers who had waited all night for a chance to buy the newly released iPhone 4S.

Iconic American companies like photography pioneer Eastman Kodak sometimes fail as a result of the innovator's dilemma. Luckily for investors, there are other great American companies that are increasing profits and enjoying massive growth, both in the U.S. and abroad. I encourage you to read The Motley Fool's special free report from our Stock Advisor newsletter titled: "3 American Companies Set to Dominate the World." The report details three winning companies set to dominate emerging markets. This free report is only available for a limited time; click here now for your free copy of the report.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool contributor Tamara Rutter owns shares of Apple. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Bank of America, Citigroup, and Apple. Motley Fool newsletter services have recommended buying shares of and creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 17, 2012, at 11:17 AM, jerr1 wrote:

    Is it true rimm has settles with kodak,also what about the new camera /cell phone kodak released at ces

  • Report this Comment On January 17, 2012, at 11:19 AM, jerr1 wrote:

    also has apple settled with kodak ,is suite dropped between apple an kodak

Add your comment.

Compare Brokers

Fool Disclosure

DocumentId: 1757909, ~/Articles/ArticleHandler.aspx, 5/27/2012 3:19:03 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 12,454.83 -74.92 -0.60%
S&P 500 1,317.82 -2.86 -0.22%
NASD 2,837.53 -1.85 -0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/25/2012 4:00 PM
C $26.47 Down -0.19 -0.71%
Citigroup Inc CAPS Rating: ***
EKDKQ.PK $0.18 Down -0.01 -4.89%
Eastman Kodak Comp… CAPS Rating: *
AAPL $562.29 Down -3.03 -0.54%
Apple CAPS Rating: ***
BAC $7.15 Up +0.01 +0.14%
Bank of America Co… CAPS Rating: ***

Advertisement