Kodak Struggles to Secure Financing

At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

• Swedish car-maker Saab filed for bankruptcy after the company's former owner, General Motors (NYSE: GM  ) , voted against plans for financing from a Chinese investor.
• Eastman Kodak (NYSE: EK  ) is struggling to secure financing that the company needs in order to avoid potential bankruptcy. A group of hedge funds have reportedly cut the amount they're willing to provide, calling into question whether Kodak will be able to raise enough cash to avoid bankruptcy.
• NATO is accepting bids from leading defense contractors including Lockheed Martin (NYSE: LMT  ) and Northrop Grumman (NYSE: NOC  ) to help expand NATO's cybersecurity abilities. Other potential bidders could include technology companies IBM (NYSE: IBM  ) and Cisco Systems (NYSE: CSCO  ) , although neither has confirmed the reports.

Please enable Javascript to view this video.

So there you have it -- the top financial stories of the day. If you're interested in getting all the news and commentary on these stocks, sign up for My Watchlist -- it's free!

• Add�Northrop�Grumman�to My Watchlist.
• Add�Lockheed�Martin�to My Watchlist.
• Add�Lazard�to My Watchlist.
• Add�International�Business�Machines�to My Watchlist.
• Add�General�Motors�to My Watchlist.
• Add�Eastman�Kodak�to My Watchlist.
• Add�Cisco�Systems�to My Watchlist.