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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General Electric Co. GE, + 2.68% said Wednesday, reporting the second quarter results, that it is launching a program to fully monetize its ownership position in oil services company Baker Hughes Co. BKR, -2.81% for about three years. GE revealed Wednesday that it owned 377.4 million Baker Hughes shares, which …
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Text size Defense sales stood out in the quarter. Mario Tama / Getty Images Defense and aerospace giant Raytheon Technologies crushed Wall Street’s profit expectations, but the stock fell anyway on Tuesday morning. The commercial aerospace sector is not improving fast enough for investors. Raytheon (ticker: RTX) earned 40 cents …
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Apple Inc. shares AAPL, -0.24% They rose 1% in pre-market trading on Monday after JP Morgan analyst Samik Chatterjee raised his price target on the stock to $ 425 from $ 365. “We believe investors looking for more upside potential should focus on the longer-term earnings trajectory rather than expecting …
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Text size Courtesy of Nikola. Batman versus Superman. Yankees vs. Red Sox. Nikola Tesla against Thomas Edison. These are some of the greatest rivalries of all time. There’s another rivalry in the burgeoning electric truck sector: Nikola versus Tesla. Tesla (ticker: TSLA) is now the most valuable automotive company in …
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