|Bid||2.1000 x 1100|
|Ask||2.4500 x 3100|
|Day's Range||2.2300 - 2.3300|
|52 Week Range||2.2000 - 5.5300|
|Beta (3Y Monthly)||4.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Eastman Kodak Company (KODK) today announced that it has closed the previously announced issue and sale of $100 million aggregate principal amount of its 5.00% Secured Convertible Notes due 2021 (the “Convertible Notes”) to funds managed by Southeastern Asset Management, an employee-owned, global investment management firm. Kodak shareholders who are not affiliated with the purchasers of the Convertible Notes holding a majority of the outstanding shares of Kodak common stock not held by the purchasers of the Convertible Notes have entered into support agreements agreeing to execute written consents approving the conversion feature of the Convertible Notes and the issuance of shares of Kodak common stock upon conversion of the Convertible Notes.
Eastman Kodak Company (KODK) today announced that it has entered into an agreement for the issue and sale of $100 million aggregate principal amount of its 5.00% Secured Convertible Notes due 2021 (the “Convertible Notes”) to funds managed by Southeastern Asset Management, Inc., an employee-owned, global investment management firm (“Southeastern”). Kodak intends to use the net proceeds of the issuance and sale of the Convertible Notes to prepay in full its outstanding first lien term loans, and the remainder for general corporate purposes. To facilitate the Convertible Notes issuance, Kodak expects to enter into an amendment to its asset based revolving credit facility to permit the incurrence of the Convertible Notes.
MIAMI (AP) — The Rolling Loud Music Festival celebrating global hip-hop artists in South Florida did not go so well for Kodak Black and Lil Wayne.
On a per-share basis, the Rochester, New York-based company said it had a loss of 54 cents. Losses, adjusted to account for discontinued operations, came to 40 cents per share. The commercial and packaging ...
Eastman Kodak Company today reported financial results for the first quarter 2019, including a net loss of $18 million on revenues of $291 million and continued growth in key product areas.
Eastman Kodak Company will release its first-quarter 2019 financial results on Thursday, May 9, at 4:15 p.m. Eastern Daylight Time over Business Wire and kodak.com Investor Relations webpage.
LEWISTON, N.Y. (AP) — Kodak Black was arrested on drug and weapons charges as the rapper tried to cross from Canada into the United States near Niagara Falls, law enforcement officials said Thursday.
Today Eastman Kodak Company and Montagu Private Equity LLP announced the completion of the sale of Kodak’s Flexographic Packaging Division (FPD). The net proceeds from the transaction will be used by Kodak to reduce outstanding term debt. Over the past five years, FPD has grown and thrived within Kodak and become a significant player in the package printing industry.
Eastman Kodak Company (NYSE:KODK) reported its latest earnings results, which included a sales decline in its fiscal 2018 that played a role in KODK stock declining after hours.The Rochester, New York-based imaging firm said that for its fourth quarter of its fiscal 2018, it brought in sales of $366 million, a slight decline from what it brought in last year due in part to lower sales from its Print Systems brand. Net income for the period was a bright sign for the period at $19 million, considering the amount was a $46 million loss during the same period a year ago.For its fiscal 2018, Kodak brought in sales of $1.32 billion, a drop of 4.4% when compared to its fiscal 2017, due in part to a decline in sales from its Print Systems Division, which is its largest one. Every other division also experienced a dip in sales or flat revenues during 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe business' operational EBITDA for the year took a turn for the worse, falling 90% to $1 million due in part to lower margins from its Print Systems segment. This was also Kodak's first quarter reporting earnings under its new CEO Jim Continenza, who replaced Jeff Clarke after the latter resigned from the company.KODK stock was surging about 5.2% during regular trading hours Monday in anticipation of the company's quarterly results. Underwhelming figures sent Kodak shares declining 6.7% after the bell. More From InvestorPlace * The Elite 8 Stocks to Buy for Massive Outperformance * 7 Reasons to Buy Housing Stocks in 2019 * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos Compare Brokers The post Eastman Kodak Company Earnings: KODK Stock Sinks as 2018 Sales Down 4% appeared first on InvestorPlace.
Eastman Kodak Company today reported financial results for the full year 2018, including a net loss of $16 million on revenues of $1.3 billion and continued growth in key product areas.
NEW YORK, NY / ACCESSWIRE / April 1, 2019 / Eastman Kodak Company (NYSE: KODK ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on April 1, 2019 at 5:00 PM Eastern ...
Eastman Kodak Company will release its fourth-quarter and full-year 2018 financial results on Monday, April 1, at 4:15 p.m. Eastern Daylight Time over Business Wire and kodak.com Investor Relations webpage.
The Board of Directors of Eastman Kodak Company (KODK) ("the Company" or "Kodak") today announced the appointment of Jim Continenza as the company's new Executive Chairman, effective immediately. Continenza, who has served as Chairman of Kodak's Board of Directors since 2013, will continue as Board Chairman while also assuming the responsibilities of Jeffrey J. Clarke, who is stepping down after nearly five years as Chief Executive Officer.