TSC Ratings' Updates: Eastman Kodak

The following ratings changes were generated on Monday, Feb. 2.

We've downgraded Acxiom(ACXM Quote), which provides customer and information management solutions for various companies worldwide, from hold to sell, driven by its deteriorating net income, disappointing return on equity, weak operating cash flow, generally weak debt management and decline in the stock price during the past year.

Net income decreased significantly, by 120.8%, compared with the same quarter last year, underperforming both the S&P 500 and the IT services industry. Return on equity also greatly decreased, a signal of major weakness within the corporation. Net operating cash flow decreased to $78.9 million, or 39.3%. Acxiom's debt-to-equity ratio is weak, but its 1.2 quick ratio is somewhat strong, demonstrating its ability to handle short-term liquidity needs. ...