Text size Photograph by JOSEPH PREZIOSO / AFP via Getty Images The Modern biotechnology company, which has received commitments of nearly $ 1 billion from the federal government to develop its Covid-19 vaccine, seeks to sell the vaccine for between $ 25 and $ 30 per dose, the Financial Times …
Read More »Kodak’s shares triple when the company announces a pandemic plan to start manufacturing pharmaceutical ingredients.
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, + 203.05% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
Read More »Bill Gates on Elon Musk’s controversial coronavirus comments: Stick to Electric Cars and Rockets
“ Elon’s position is to maintain a high level of outrageous comment, he is not heavily involved in vaccines. Makes a great electric car. And their rockets work well. Then you are allowed to say these things. I hope he doesn’t confuse areas that he’s not too involved in. ‘ …
Read More »Tesla plans a $ 780 million bond deal linked to vehicle leases, its first offer of its kind during the pandemic
Telsa Inc., after reporting a surprising second-quarter profit, plans to raise $ 779.53 million this week in the asset-backed bond market. The Palo Alto, California-based electric vehicle maker is offering eight classes of bonds to investors maturing in 2.7 years or less and most of which have the best AAA …
Read More »Albertsons shares are falling because strong earnings were not enough
Text size Digital candles increased 276% in the quarter, while sales in the same store rose 26.5%. Matthew Staver / Bloomberg News Albertsons Cos. He released an optimistic first-quarter fiscal report on Monday, but his shares were falling because investors may have been waiting for more from the supermarket operator, …
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