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Eastman Kodak Seeks to Extend Reorganization Plan

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Wal-Mart.

I'm -- burns and -- Fox Business reap what Wall Street cops session lows after Spanish -- stress test results.

-- the things aren't as bad as some thought.

Disappointing reports on the US economy had sent stocks plunging in earlier trading.

And bankrupt Eastman Kodak is looking for more time to file its reorganization plan.

The company submitting a motion in bankruptcy court today to extend it until the end of February.

More layoffs are on the way for the struggling Kodak company.

It will further reduce its workforce by at least 12100 employees 200 more than it said it would cut earlier this month.

And -- set to become Olympus is biggest shareholder the 645.

Million dollar investment will give Sony and eleven and a half percent states.

In the cash strapped Olympus -- companies are also planning a joint venture to develop medical devices.

That's the latest from the Fox Business Network can -- the power to prosper.