Tag: bets

(Reuters) - With investors placing bets on whether Eastman Kodak (EK.N) will file for bankruptcy, there is not so much a sense of crisis as a feeling of resignation and fatigue among the residents in its hometown.

At one point, the company employed more than 60,000 people in Rochester in upstate New York, where it was born more than 130 years ago. Now, that number is closer to 7,000 - and it has been decades since the company, once synonymous with photography, began its downward slide.

RIM executives play the blame game and find excuses for disappointing sales of smartphones and tablets.

If one didnt see Research In Motions fiscal second quarter results before the investors call, then it would be easy to believe all of the excessively positive guidance offered by RIMs CEOs on Thursday afternoon.

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