The wild ride of Eastman Kodak Co. produced what could be the largest contribution on record for a religious nonprofit, the product of a well-timed gift from Kodak board member George Karfunkel. In a securities submission last week, Mr. Karfunkel and his wife, Renee Karfunkel, said they donated 3 million …
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Text size Johnson & Johnson became the third western biopharmaceutical company to start a new test of its Covid-19 vaccine this week, but with one difference: in a surprise announcement Thursday morning, the company said it would test its vaccine in a format single dose. Moderna (MRNA) and Pfizer (PFE) …
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The Trump administration’s $ 765 million loan to Eastman Kodak Co. for the launch of a business that makes pharmaceutical ingredients caused the actions of the iconic camera company to skyrocket. Kodak’s stock KODK, + 309.82% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
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Text size Kodak is making a foray into generic drug ingredients Daniel Acker / Bloomberg Eastman Kodak’s shares are enjoying a renaissance. Shares rose 160% on Wednesday morning, taking advantage of the incredible gain of more than 200% on Tuesday. New capital and new business are the reasons for the …
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Text size Spencer Platt / Getty Images Large pharmaceutical company Pfizer announced second-quarter financial results on Tuesday morning that exceeded Wall Street expectations, sending shares of around 3% in pre-trade. The company reported earnings of $ 0.78 per share, beating the FactSet consensus at $ 0.10 and the S&P Capital …
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