Barclays (BCS), German bank (DB) and Santander Bank (SAINT) According to earnings reports released Wednesday, nearly $ 6.6 billion was collectively set aside in the second quarter for expected credit losses from the coronavirus pandemic. That adds to the large sums they set aside in the spring, bringing the total …
Read More »Kodak’s shares skyrocket nearly 300% and over a dozen circuit breakers trip
On Tuesday, President Donald Trump announced that the company would receive a $ 765 million loan to launch Kodak Pharmaceuticals, which will produce generic active pharmaceutical ingredients to reduce the United States’ dependence on foreign drug manufacturers. The company’s shares have soared in the news. After a jump of more …
Read More »US stocks rise as investors analyze earnings, await Fed decision
Shares were moderately higher on Wednesday as investors awaited the conclusion of a Federal Reserve policy meeting, watched conversations about a coronavirus aid package in Congress, and continued to advance through an avalanche of corporate earnings reports first order. Market participants also braced themselves for possible fireworks on Capitol Hill, …
Read More »Kodak increased 200% to a maximum of 30 months after obtaining a government loan of $ 765 million to manufacture ingredients for medicines
Thomson Reuters Kodak’s shares rose 200% on Tuesday after the camera company obtained a $ 765 million government loan to manufacture drug ingredients in response to the pandemic. The group plans to launch a pharmaceutical division that will produce essential drug components currently in “chronic national shortage.” President Trump touted …
Read More »Here are five stock picks of securities that set up your portfolio for a pandemic recovery
If you really want to call yourself a counter investor, it’s time to take a closer look at what hasn’t worked so far this year: value stocks and dividend stocks. Value stocks have underperformed growth stocks (especially Tesla Inc. TSLA, -4.09% and the most popular tech names) amid the economic …
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