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.