Nick Woodman, founder and CEO of GoPro, from the company’s IPO in 2014 Getty Images GoPro Inc. after third-quarter profit growth. Shares of No advanced to a three-year high on Friday, beating Wall Street expectations by a huge margin. Andrew Yurkwitz, an analyst at Oppenheimer, raised its share price target …
Read More »
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 »
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 …
Read More »
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 »
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 »