Before the opening bell today, Eastman Kodak Co. (EK) posted struggling results for the third quarter in comparison to the year-ago quarter. The company reported a third-quarter loss from continuing operations of $111 million, or 41 cents per share, compared with earnings on the same basis of $101 million, or 35 cents per share in the year-ago period.   The company’s third quarter results demonstrate the success of continued focused investments that Kodak is making in new products and core growth businesses, especially consumer and commercial inkjet. Cost containment and more tightly focused spending on research and development also positively contributed to the company’s third quarter results.   Sales worldwide totaled $1.8 billion, a decrease of 26% from $2.4 billion in the prior-year period, including 2% of unfavorable foreign exchange impact. Revenues from digital businesses totaled $1.2 billion, a 26% decline from $1.6 billion in the prior-year quarter, ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Acuity Brands Inc (AYI) Anthracite Capital Inc (AHR) Build-A-Bear Workshop Inc (BBW) C&D Technologies Inc (CHD) Cavco Industries Inc (CVCO) China Precision Steel Inc (CPSL) CNOOC Ltd (CEO) CoBiz Financial Inc (COBZ) Corn Products International Inc (CPO) Cumulus Media Inc (CMLS) Cybex International Inc (CYBI) Discover Financial Services (DFS) Eastman Kodak Co (EK) Electronics For Imaging Inc (EFII) Entertainment Properties Trust (EPR) Erie Indemnity Co (ERIE) Fastenal Co (FAST) First Advantage Corp (FADV) First M & F Corp (FMFC) FirstService Corp (FSRV) Gray Television Inc (GTN) Kaman Corp (KAMN) KVH Industries Inc (KVHI) Legacy Bancorp Inc (LEGC) Mercantile Bank Corp (MBWM) Meridian Bioscience Inc (VIVO) MetroCorp Bancshares Inc (...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

A-Power Energy Generation Systems Ltd (APWR) Aon Corp (AOC) The Bank of New York Mellon Corp (BK) Blyth Inc (BTH) Build-A-Bear Workshop Inc (BBW) Callaway Golf Co (ELY) Cincinnati Financial Corp (CINF) Cleco Corp (CNL) CONMED Corp (CNMD) Daimler AG (DAI) Domtar Corp (UFS) DRI Corp (TBUS) Eastman Kodak Co (EK) EMS Technologies Inc (ELMG) Exelon Corp (EXC) Expeditors International of Washington (EXPD) First State Bancorp NM (FSNM) FNB United Corp (FNBN) Gaiam Inc (GAIA) Gran Tierra Energy Inc (GTE) GreenHunter Energy Inc (GRH) Haverty Furniture Companies Inc (HVT) Independent Bank Corp (IBCP) Integra Bank Corp (IBNK) Investment Technology Group (ITG) ITT Corp (ITT) Kaman Corp (KAMN) Kelly ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Actuant Corp (ATU) Argo Group International Holdings Ltd (AGII) The Bank of New York Mellon Corp (BK) Benchmark Electronics Inc (BHE) C&D Technologies Inc (CHP) Cavco Industries Inc (CVCO) Canadian Pacific Railway Ltd (CP) China Security & Surveillance Tech Inc (CSR) Cincinnati Financial Corp (CINF) Cleco Corp (CNL) CONMED Corp (CNMD) CRM Holdings Ltd (CRMH) Dayton Superior Corp (DSUPQ) Domtar Corp (UFS) DRI Corp (TBUS) Eastman Kodak Co (EK) EMS Technologies Inc (ELMG) Exelon Corp (EXC) Expeditors International of Washington (EXPD) Gran Tierra Energy Inc (GTE) Harleysville Group Inc (HGIC) Haverty Furniture Companies Inc (HVT) Helmerich & Payne Inc (HP) Innophos Holdings Inc (IPHS) Insteel Industries Inc (IIIN) JA Solar ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Anthracite Capital Inc (AHR) Blyth Inc (BTH) Build-A-Bear Workshop Inc (BBW) Capital Bank Corp (CBKN) Canadian Pacific Railway Ltd (CP) CNinsure Inc (CISG) Community Bancorp (CBON) Dassault Systemes SA (DASTY) DRI Corp (TBUS) Eastman Kodak Co (EK) Eni SpA (E) Erie Indemnity Co (ERIE) Fairpoint Communications Inc (FRP) First Merchants Corp (FRME) First Security Group Inc (FSGI) The Hain Celestial Group Inc (HAIN) Heritage Financial Corp (HFWA) I-Flow Corp (IFLO) Investment Technology Group (ITG) ITT Corp (ITT) JDA Software Group Inc (JDAS) Kelly Services Inc (KELYA) KVH Industries Inc (KVHI) Legacy Bancorp Inc (LEGC) The Macerich Co (MAC) Marine Products Corp (MPX) MB Financial Inc (MBFI) Mercantile Bank ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Aegean Marine Petroleum Network Inc (ANW) AeroVironment, Inc (AVAV) American River Bankshares (AMRB) Aon Corp (AON) Aventine Renewable Energy Holdings, Inc (AVRNQ) Benchmark Electronics, Inc (BHE) Boise Inc (BZ) BT Group Plc (BT) C&D Technologies, Inc (CHP) Cincinnati Financial Corp (CINF) CLARCOR Inc (CLC) CoBiz Financial Inc (COBZ) Cousins Properties Inc (CUZ) CRH Plc (CRH) Cumulus Media Inc (CMLS) Dayton Superior Corp (DSUPQ) Doral Financial Corp (DRL) Eastman Kodak Co (EK) Echostar Corp (SATS) EMS Technologies, Inc (ELMG) Fresh Del Monte Produce Inc (FDP) GenVec, Inc (GNVC) Helmerich & Payne, Inc (HP) HFF, Inc (HF) Hypercom Corp (HYC) Insteel Industries, Inc (IIIN) InterOil Corp (IOC) Keynote Systems, Inc ...

AmEx Cuts 7,000 Jobs; Oil Down on GDP; Governors Lobby Gov. on Auto Industry; Motorola Downsizes; Kodak Results Less Than Picture Perfect; Waste Management Recession Resistant

American Express Co. (AXP) said yesterday (Thursday) that it plans to cut 7,000 jobs, or 10% of its global work force, in an effort to reduce costs by $1.8 billion in next year, The Associated Press reported. The company will also suspend management-level salary increases next year and institute a hiring freeze. American Express has reported four straight quarters of profit declines. Oil prices fell more than 2% yesterday (Thursday), after economic data showed a 0.3% decline in gross domestic product (GDP). Light, sweet crude fell $1.54 at settle $65.96 a barrel, after trading as high as $70.60 earlier in the day. Oil is down 55% from the record high $147.27 a barrel reached in July. It is down 30% in ...

AmEx Cuts 7,000 Jobs; Oil Down on GDP; Governors Lobby Gov. on Auto Industry; Motorola Downsizes; Kodak Results Less Than Picture Perfect; Waste Management Recession Resistant

American Express Co. (AXP) said yesterday (Thursday) that it plans to cut 7,000 jobs, or 10% of its global work force, in an effort to reduce costs by $1.8 billion in next year, The Associated Press reported. The company will also suspend management-level salary increases next year and institute a hiring freeze. American Express has reported four straight quarters of profit declines. Oil prices fell more than 2% yesterday (Thursday), after economic data showed a 0.3% decline in gross domestic product (GDP). Light, sweet crude fell $1.54 at settle $65.96 a barrel, after trading as high as $70.60 earlier in the day. Oil is down 55% from the record high $147.27 a barrel reached in July. It is down 30% in ...