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
officially filed for bankruptcy protection and arranged for bankruptcy financing from Citigroup. (NYSE: EK)
- AutomakerGeneral Motors
is revamping its Chevrolet Volt to try to meet California emissions requirements, which would grant buyers a $1,500 state rebate. (NYSE: GM)
- Bank of America
showed up strong in the fourth quarter, reporting a profit for the period. (NYSE: BAC)
Despite beating estimates for its fourth quarter, B of A faces challenges going forward as it attempts to boost capital levels and streamline the business. If you're looking for a more clear-cut investment, I invite you to learn about "The Motley Fool's Top Stock for 2012." This special report is absolutely free but only available for a limited time. Click here for instant access to this free report.