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Yesterday (7/28/20), President Trump surprised a LOT of people announcing that via the Defense Production Act ((DPA)) the US government is going to give Kodak (KODK) $765 million to make pharmaceuticals. The tie to current COVID-19 pandemic issues, for which the Act was invoked, is at best ten...
Shares of Eastman Kodak (NYSE: KODK) plummeted on Friday after rising as much as 28 times in value earlier in the week. By the close of trading, Kodak's stock was down 27%. Eastman Kodak shares surged on Tuesday and Wednesday after the company said it would receive a $765 million Def...
On Wednesday the Trump administration announced the award of a loan to Kodak ( KODK ) which lead to a sharp rise in the stock price. For the reasons set forth below, I want to explain why the underlying transaction doesn't support a high valuation, carries risk of revision or reversal and the ...
Alpha TALKS is a weekly video covering what moved markets this week (WMMTW), featuring a panel of Seeking Alpha editors. Hosted by Nathaniel E. Baker, Contributing Editor, and this week featuring: Bradley Olesen, VP News; Stephen Alpher, Managing Editor News, co-host of Seeking Al...
Gainers: Sonnet BioTherapeutics (NASDAQ: SONN ) +97% . More news on: Sonnet BioTherapeutics Holdings, Inc., Zion Oil & Gas, Inc., Fluidigm Corporation, Stocks on the move, , Read more ...
On July 29, Eastman Kodak (NYSE: KODK) announced it received a $765 million loan from the U.S. government under the Defense Production Act to manufacture active pharmaceutical ingredients in generic drugs as part of a broader response to the coronavirus pandemic. After the news broke out, i...
Taoping (NASDAQ: TAOP ) -23% . More news on: Taoping Inc., Precipio, Inc., Socket Mobile, Inc., Stocks on the move, , Read more ...
There are a number of things that investors are nervous about, but that hasn't stopped stock market benchmarks from remaining relatively strong even in the face of uncertainty. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) were lower on Thursday, bu...
FSD Pharma (NASDAQ: HUGE ) +130% . on decision to surrender health Canada licenses for subsidiary FV Pharma. More news on: FSD Pharma Inc., Kandi Technologies Group, Inc., Edesa Biotech, Inc., Stocks on the move, , Read more ...
On Tuesday, shares of ailing former photography giant Eastman Kodak ( KODK ) went on a massive rally after the company announced the signing of a letter of interest with the U.S. International Development Finance Corporation ("DFC"): At the direction of President Donald J. Trump, U.S. In...
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ROCHESTER, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Kodak will host the First-Quarter 2024 Earnings call on Thursday, May 9 th 2024, at 5:00 pm ET. Executive Chairman and Chief Executive Officer James Continenza and Chief Financial Officer David Bullwinkle will host a conference call with finan...
Prinics launches a new 'KODAK ERA' product line up PR Newswire SEOUL, South Korea , March 30, 2024 /PRNewswire/ -- Prinics, a Korean-based printing technology company specializing in photo printers, launched its 'ERA' line with 6 products - Kodak MiniShot 4 ERA, ...
HANOVER PARK, Ill., March 20, 2024 (GLOBE NEWSWIRE) -- FUJIFILM North America Corporation, Graphic Communication Division today announced that F...