Shares of Eastman Kodak Co. KODK, -6.71% rose more than 10% in the extended session on Tuesday after the company reported a second-quarter loss of $ 5 million. This is in contrast to a profit of $ 201 million in the period from last year, but came when the company …
Read More »Kodak Insider generates $ 116 million in share capital donation to religious charity he started
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 …
Read More »Kodak’s shares skyrocket. How high can stocks go?
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 …
Read More »Trump promotes Kodak loan and EPP acquisition, defends hydroxychloroquine video
President Donald Trump speaks during a press conference at the White House on Tuesday. Associated Press President Donald Trump confirmed Tuesday that the administration was using the Defense Production Act to provide a $ 765 million loan to support Eastman Kodak’s efforts to produce the active ingredients necessary to manufacture …
Read More »Kodak shares nearly triple after report of $ 765 million government loan to help produce generic drugs
Eastman Kodak Co. KODK Shares, + 275.95% It nearly tripled (up to 192%) in very active pre-market trade on Tuesday to a maximum of 2.5 years, after a report that the print and advanced materials and chemicals company obtained a government loan of $ 765 million to help with the …
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