Next to go? Eastman Kodak:
The stock value of EK has sunk from almost 30 four years ago, down to 0.65 today. What a shame because in 1975 Kodak developed the first prototype for a DIGITAL camera...but stayed with celluloid until 2001.
Remember Leigh Steinberg? He, of "Show Me the Money" as Jerry Maguire, representing Ben Rothlisberger, June Jones (changing the University of Hawaii to black, silver and Warriors) and Troy Aikman. He filed for bankruptcy.
The end is also coming to Al Scates (that's him to the right as you probably remembered him--below, today). This is his 50th year as coach of the UCLA men's volleyball team. He will retire at the end of the season. Amazingly enough, he became UCLA's head coach at the age of 21, and is certainly the John Wooden of volleyball, and more, for his teams have won 19 national championships. They play Hawaii Saturday night.
The Dow Jones Industrials rose 22 to 12,471, with world markets mixed. Gold is continuing to climb, up $4/toz to $1646, while while the WTI crude fell below $100 to $99/barrel and the Brent Spot at $112/barrel.