Eastman Kodak was fired on Tuesday after President Donald Trump announced an agreement to work with the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic. Kodak shares soared over 60% in extended trading. The shares tripled during Tuesday’s regular exchange for its best day …
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Copies of the Financial Daily newspaper with a front-page report on Goldman Sachs Group Inc. are on sale at a stand in Kuala Lumpur, Malaysia on Tuesday, December 18, 2018. Nadirah Zakariya | Bloomberg | fake pictures Goldman Sachs said Friday that it resolved a key part of an international …
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Pershing Square Capital Management founder Bill Ackman said his new special-purpose acquisition company is the “investor-friendly SPAC in the world.” “What’s new in our structure is that it is the first SPAC where we are not receiving compensation: no management fees, incentive fees … we are not buying cheap stocks. …
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Chevron announced Monday that it will buy from independent oil and gas producer Noble Energy, in a move that Chevron CEO Michael Wirth said would be “good business” for shareholders of both companies. “These are high-quality assets at a very fair price,” Wirth said Monday on CNBC’s “Squawk on the …
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A woman walks past the New York Stock Exchange (NYSE) on July 13, 2020 on Wall Street in New York City. Johannes Eisele | fake pictures These are the companies that appear in the headlines of the trade at noon: Morgan Stanley – The bank’s shares rose 4% after it …
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