2 posts and columns on lenders

Are Investors Finally Ready for an Internet Porn IPO?

in Media on January 11, 2010 at 3:30 am PT

There are a lot of folks rooting for an IPO from the likes of Facebook, LinkedIn or even Zynga. And then there’s FriendFinder Networks, a money-losing collection of porn sites and social networks that announced its IPO a year ago but never pulled the trigger. FriendFinder is back, but looking for less cash this time around.
adult-friendfinder

Kodak Cutting Staff by Up to 4,000; Posts Q4 Loss

in News on January 29, 2009 at 8:29 am PT

Kodak this morning said it will cut its staff by 3,500-4,000 jobs in 2009, reducing its workforce by 14-18 percent. The company also said it will pay no executive bonuses in 2008 and that it will not issue pay increases this year. The company is struggling enough, in fact, to have opened talks with lenders to assure continued access to its revolving credit line.