Wednesday, August 12, 2020

Kodak insider's stock donation raises new concerns around the company's government loan

After news of a massive federal loan caused Eastman Kodak's stock to skyrocket, a company insider donated millions of shares to a religious nonprofit for which he has served as president.
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Kodak insider's stock donation raises new concerns around the company's government loan
After news of a massive federal loan caused Eastman Kodak's stock to skyrocket, a company insider donated millions of shares to a religious nonprofit for which he has served as president. Read more »
 
Health care CEO does 180 Zoom calls in three days to help take company public
Being in charge of a health care company during a pandemic is a ton of work — just ask Eric Hobbs, CEO of Berkeley Lights, who met with 180 investors over Zoom over three and a half days — and lost 10 pounds over the process. Read more »
 
Meat prices are finally falling — except for hot dogs
Americans finally got some relief in the grocery store last month as prices fell. Read more »
 
Stein Mart files for bankruptcy and will close most of its 300 stores
Discount retailer Stein Mart has filed for bankruptcy and plans to close most of its nearly 300 stores. Read more »
 
The pandemic alone doesn't explain Britain's world beating recession
Britons woke up this morning to news that the UK economy shrunk by 20.4% in the second quarter, the worst slump on record and the biggest drop of any major global economy. Read more »
 
Dow stages a comeback
Read more »
 
 
 
 
Dow Nasdaq S&P
+289.93   +229.42   +46.66
27,976.84   11,012.24   3,380.35
+1.05%   +2.13%   +1.40%
YTD -1.97%   YTD +22.73%   YTD +4.63%
 
Biggest Winners
ConocoPhillips +4.91%
 
Invesco Ltd +4.11%
 
Pioneer Natural Resources Co +3.70%
 
Halliburton Co +3.53%
Biggest Losers
Carnival Corp -3.98%
 
Las Vegas Sands Corp -3.78%
 
American International Group Inc -3.25%
 
Franklin Resources Inc -2.91%
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Oil $42.54 -0.13 / -0.30%
Gold $1,927.00 -22.00 / -1.13%
10-yr 0.67% +0.01
Euro $1.18 +0.01 / +0.43%
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