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Eastman Kodak Co. (EKDKQ.PK) will cease the sales of inkjet printers to concentrate selling on ink while it continues to reconfigure its bankruptcy plans. The firm views the move as helping it to beef up cash flow in the first half of next year.
Limited Brands (NYSE:LTD) intends to open a Victoria’s Secret at the Cowboys Stadium in Dallas through which a theory that sports fans will shop for women’s wear, lingerie, and beauty products to a test.
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Green Mountain Coffee Roasters (NASDAQ:GMCR) will lower prices on its Keurig brewer in an attempt to remain competitive. Its new Keurig Vue model will be introduced at $209.99 at the same time that the original Vue model’s price is reduced by $20 to $229.99. In the meantime, Starbucks Corporation (NASDAQ:SBUX) lists its single-serve brewing machine, the new Verismo 580 model, at $199 on its website.
Earlier allegations that pilots at American Airlines (AAMRQ.PK) were told to delay departures and call in sick has been contradicted by a memo from Allied Pilots. The group says anew that operational difficulties such as the availability of spare parts along with increased FAA scrutiny are the reasons for the carrier’s mysterious rise in cancellations and delays.
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