TOPLINE Shares of Eastman Kodak, which initially swore at an announcement that the government would provide a $ 765 million loan to help shift its efforts in the drug industry, thanked on Monday afternoon for news that the deal would are held as regulators look to accusations of wrongdoing. Kodak’s …
Read More »Lift, Uber, Occidental Petroleum and more
A Lyft logo has been installed on a Lyft driver’s car next to an Uber sticker in Pittsburgh. Gene J. Puskar | AP Check out the companies that make headlines around the clock: Lyft, Uber – Shares of the ride-healing duo deteriorate after a San Francisco Superior Court judge ruled …
Read More »Shares of Buffett’s Berkshire Hathaway stand after conglomerate buys a record amount of stock
Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Berkshire Hathaway stock went up in pre-market trading on Monday, after the conglomerate announced over the weekend that it had bought a record amount of its own stake in the second quarter. Berkshire, led by chairman and …
Read More »Xpeng Motors, Chinese Tesla rival, files for IPO of New York
Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese startup electric car Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange, according to an official statement. While the company did not disclose how many Class A common shares it would …
Read More »Action futures are flat after Trump signs orders to extend coronavirus supply
Trader Michael Urkonis works on the floor of the New York Stock Exchange, January 28, 2020. Bryan R Smith | Reuters US stock futures opened Sunday night flat after President Donald Trump signed several executive orders to extend coronavirus relief. Dow Jones Industrial Average dipped just 22 points, as 0.1%. …
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