Kodak's stock nearly triples after report of $765 million government loan to help produce generic drugs

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Kodak shares nearly triple on news of government assistance for drug production

Shares of Eastman Kodak Co.

nearly tripled in very active premarket trading Tuesday toward a 2 1/2-year high, after a report that the print and advanced materials and chemicals company secured a $765 million government loan to help with the production of drugs to treat a variety of medical conditions. Trading volume ballooned to 10.3 million shares, compared with the full-day average of about 272,000 shares, and enough to make the stock the most actively traded in the premarket.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

brings new meaning to--'They give us those nice bright colors They give us the greens of summers Makes you think all the world's a sunny day, oh yeah. Don't take my Kodachrome away'

Kodak Is the the cameras company?

Time to look for insider trading on this news.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSJ News Exclusive | Kodak Lands $765 Million U.S. Loan in Start of Medical Supply Chain FixEastman Kodak has won a government loan under the Defense Production Act to help expedite domestic production of drugs that can treat a variety of medical conditions and loosen the U.S. reliance on foreign sources. So they are 'developing' a vaccine? 😉 Yet, Congress is fighting about giving Americans $200 more per month to help with their utilities. It is the similarly case of Fuji film in Japan. Good luck!
Source: WSJ - 🏆 98. / 63 Read more »

WSJ News Exclusive | Kodak Lands $765 Million U.S. Loan in Start of Medical Supply Chain FixEastman Kodak has won a government loan under the Defense Production Act to help expedite domestic production of drugs that can treat a variety of medical conditions and loosen the U.S. reliance on foreign sources. So they are 'developing' a vaccine? 😉 Yet, Congress is fighting about giving Americans $200 more per month to help with their utilities. It is the similarly case of Fuji film in Japan. Good luck!
Source: WSJ - 🏆 98. / 63 Read more »

Pfizer Sales Fall as Company Races Toward Covid-19 VaccinePfizer reported growth in its biopharma division in the latest quarter, but overall sales fell amid increased competition in its generic-drug business. The generic drug laws were devised to encourage competition and keep prices down. Tough sh!t Pfizer. Everything that happens happens as it should, and if you observe carefully, you will find this to be so.
Source: WSJ - 🏆 98. / 63 Read more »

Nearly three billion animals killed or displaced by Australia's firesNearly three billion animals were killed or displaced by Australia's devastating bushfires, a report found. The figure includes an estimated 143 million mammals, 2.46 billion reptiles, 180 million birds and 51 million frogs. Greta Thunberg, where are you? what we have done ☹☹☹
Source: CNN - 🏆 4. / 95 Read more »

4.5 million Americans expected stay jobless for six months or more: NBERAround 4.5 million Americans may not be able to find a job for more than six months, while nearly 2 million will need more than a year, a new paper found. Shocked, not one bit. xscoutie DavidTexBrandon
Source: YahooNews - 🏆 380. / 59 Read more »

France's Tereos secures 230 million euros state-guaranteed loanFrench sugar and ethanol group Tereos said it had secured a state-guaranteed loan of 230 million euros ($269 million), which should help it meet heavy challenges posed by the COVID-19 crisis. Macron, How does one apply for one of those?
Source: Reuters - 🏆 2. / 97 Read more »