|Bid||2.7600 x 1000|
|Ask||2.7700 x 2200|
|Day's Range||2.5700 - 2.8300|
|52 Week Range||1.8700 - 4.4400|
|Beta (3Y Monthly)||3.48|
|PE Ratio (TTM)||0.71|
|Earnings Date||Nov 7, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Eastman Kodak (KODK) announced today that it has adopted a Tax Asset Protection Plan (with the related rights being issued as a dividend to shareholders of record as of today) and filed an amendment to its certificate of incorporation in order to protect Kodak’s substantial tax assets. The Plan and the amendment have been approved by the written consent of a majority of Kodak’s common and preferred shareholders, and were described in an information statement mailed to Kodak shareholders on or about August 23, 2019. The Plan is designed to reduce the likelihood that Kodak will experience an ownership change that could adversely affect Kodak’s tax assets by discouraging any person from becoming a holder of 10% of Kodak’s common stock and by discouraging existing 10% shareholders from acquiring more than 1,000,000 additional shares.
A look at the shareholders of Eastman Kodak Company (NYSE:KODK) can tell us which group is most powerful. Large...
Eastman Kodak Company today reported financial results for the second quarter 2019, including net earnings of $201 million on revenues of $307 million and continued growth in key product areas.
Today Eastman Kodak Company announced it has reached an agreement with Lucky HuaGuang Graphics Co. Ltd (“HuaGuang”) to establish a strategic relationship in the People’s Republic of China, including Hong Kong SAR, Macau SAR and Taiwan (“China”). The Kodak/HuaGuang relationship will be comprised of an agreement for Kodak to sell its offset printing plates facility in Xiamen, China to HuaGuang, a supply agreement for HuaGuang to help Kodak fulfill its existing customer demand, and an IP agreement under which Kodak licenses its technology to HuaGuang to expand the market in China.
Eastman Kodak Company will release its second-quarter 2019 financial results on Thursday, August 8, at 4:15 p.m. Eastern Daylight Time over Business Wire and kodak.com Investor Relations webpage.
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.