) --

Bank of America

(BAC) - Get Report

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.

Eastman Kodak


, 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.


(BKU) - Get Report

is choosing to remain independent after receiving bids that didn't satisfy the bank's board.

Shares were plunging 12.2% to $21.90.

Morgan Stanley

(MS) - Get Report

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.


(EBAY) - Get Report

, the online auctioneer,

topped analysts' quarterly earnings estimates


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.


(BMY) - Get Report



(AZN) - Get Report

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.

Tech giants


(GOOG) - Get Report



(INTC) - Get Report



(MSFT) - Get Report



(IBM) - Get Report

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.



(UNH) - Get Report

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

>To contact the writer of this article, click here:

Andrea Tse


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Related links:

Investors Place Bets on Value vs. Growth in 2012

Apple Shares Hit All-Time High

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