All Entries Tagged With: "Fitch"
Eastman Kodak moves towards bankruptcy, hires Jones Day.
Eastman Kodak Co’s move to hire law firm Jones Day triggers a speculative wave in the stock market that photography giant might look at the option of filing for bankruptcy, leading to a huge plunge in Kodak’s share prices.
Jason Miller | Oct 01, 2011 | Comments 0
Dow Responds to U.S Downgrade By Plunging Over 600 Points
In response to Standard & Poor’s first-ever downgrade on the outlook for the U.S economy from a triple-A rating to AA+, the Dow Jones Industrial Average reacted dramatically on Monday by falling more than 600 points; its worst-ever drop since the 2008 financial crisis. The 5.5% drop in the market, driven by a day of [...]
Jason Miller | Aug 09, 2011 | Comments 4
