NEW YORK (
Bank of America
reported fourth-quarter earnings of 15 cents a share, meeting estimates. A year earlier, the bank posted a loss of 16 cents a share.
Shares were jumping 6.3% to $7.23 in premarket trading Thursday.
, the 131-year-old photo film maker, filed for Chapter 11 bankruptcy protection.
Kodak, of Rochester, N.Y., said it obtained a $950 million, 18-month credit facility from
to keep it in business.
Shares were plummeting 29.7% to 39 cents.
is choosing to remain independent after receiving bids that didn't satisfy the bank's board.
Shares were plunging 12.2% to $21.90.
reported a fourth-quarter loss of 14 cents a share, narrower than the loss of 58 cents a share expected by analysts.
Shares were gaining 4.4% to $18.11.
, the online auctioneer,
During the quarter, the online giant earned 60 cents a share on revenue of $3.4 billion. Wall Street was calling for a profit of 57 cents on revenue of $3.32 billion.
Shares were rising 2.6% to $31.14.
failed to secure the U.S. Food and Drug Administration's approval to sell their new diabetes drug.
AstraZeneca was sliding 1.9% to $47.31.
are scheduled to report earnings after the closing bell Thursday.
Analysts believe these tech companies can shake off the debt fears in Europe.
Google is expected by analysts to post quarterly earnings of 96 cents a share; Intel is expected to earn 61 cents; Microsoft is seen earning 76 cents; and IBM is likely to earn $4.62, according to analysts.
Google shares were up 0.7% to $637.60; IBM shares were up 0.2% to $181.47; Intel shares were up 0.4% to $25.49; and Microsoft shares were trading sideways at $28.25.
reported fourth-quarter profit of $1.17 a share, beating the average analyst estimate of $1.04. The company reaffirmed its full-year earnings forecast of between $4.55 to $4.75 a share.
Shares were up 0.2% to $54.05.
-- Written by Joseph Woelfel and Andrea Tse
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