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Search resuls for: "Eastman Kodak"


8 mentions found


☆ Dow closes above 40,000 for first time ever
  + stars: | 2024-05-17 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +5 min
New York CNN —The Dow Jones Industrial Average closed above the 40,000 mark Friday for the first time in its 139-year history. To many Americans, “the Dow” simply means the stock market. Dow 100: The Dow first closed in triple digits in January 1906. Crash of 1929: The Dow fell 38 points on Oct. 28 and 31 more points the next day. Dow 30,000: Nov. 24, 2020: Covid sent the stock market plunging in the spring of 2020.
Persons: ”, Ryan Detrick, “, Hogan, Dow, Teddy Roosevelt, Richard Nixon, Trump, Covid Organizations: New, New York CNN, Dow Jones, Federal Reserve, Bureau of Labor Statistics, Carson Group, Dow, Nasdaq, Riley Financial, CNN, Wall, Microsoft, Chevron, Federal, Woolworth, Eastman Kodak Locations: New York, Chevron —
☆ The changing face of the Dow: See the names that have come and gone on the path to 40,000
  + stars: | 2024-05-16 | by ( Alex Harring Nick Wells | Alex Harring | Nick Wells | ) www.cnbc.com   time to read: +8 min
Stock Chart Icon Stock chart icon The Dow, all-timeThe average was created by Charles Dow in 1896 with just 12 industrial stocks. Paired with the Dow Jones Transportation Average , the two were collectively meant to offer a gauge for the broader economy. The sole caveat: No utility or transportation stocks are included, given the existence of the Dow Jones Utility Average and Transportation Average. 1972: Dow hits 1,000It may be hard to imagine given the recent achievement, but the Dow traded below 1,000 until the early 1970s. The Dow saw its worst year since 2008 in 2022, though 2023's rebound allowed the index to erase those losses.
Persons: Spencer Platt, Dow, Charles Dow, There's, Richard Nixon, Alcoa Esmark, Du Pont, Dow didn't, Walt Disney, Eastman Kodak Merck Alcoa ExxonMobil Phillip Morris, T General Motors Sears, Morgan, Phillip Morris, Walmart Du Pont J.P, Morgan Chase Walt, Donald Trump, General Electric Nike American Express Goldman Sachs, Morgan Chase, Johnson, Joe Biden, Trump, Goldman Sachs, Gamble Amgen, — Organizations: New York Stock Exchange, Getty, Dow Jones, Dow Jones Transportation, P Global, Dow, CNBC, General Foods, Harvester, Chevron, Procter, Gamble, Alcoa, Manville, ExxonMobil, Illinois Glass American Tobacco General Electric Procter, General Foods Sears Roebuck AT, T General Motors Texaco Bethlehem Steel, T General Motors Texaco Bethlehem Steel Goodyear Union Carbide Chevron Honeywell United Technologies Chrysler International Harvester US, Nickel Westinghouse Electric Eastman Kodak International, Woolworth, Oasis, Eastman Kodak Merck Alcoa ExxonMobil, Express General Electric Procter, Gamble AT, T General Motors, T General Motors Sears Roebuck Bethlehem Steel Goodyear Texaco Boeing Honeywell Union Carbide Caterpillar IBM United Technologies Chevron International, Walt Disney, Morgan Chase Westinghouse, Apple, Microsoft, Sears and Union Carbide, Eastman Kodak Johnson, Johnson Alcoa ExxonMobil, American Express General Electric Merck AT, T, Goodyear Procter & Gamble Caterpillar Hewlett, Packard Sears, Chevron Honeywell Union Carbide Citigroup IBM United Technologies, Walmart, Morgan Chase Walt Disney, Visa, Travelers, Nike, General Electric Nike American Express, General Electric Nike American Express Goldman Sachs Pfizer Apple Home Depot Procter, Gamble Boeing IBM Travelers Caterpillar Intel United Technologies Chevron, Morgan Chase UnitedHealth, Cisco Systems Johnson, Johnson Verizon, Cola McDonald’s, Du Pont Merck Walmart ExxonMobil Microsoft Corporation Walt Disney, Exxon Mobil, Walgreens Boots Alliance, Goldman Sachs Nike American Express Home Depot Procter, Gamble Amgen Honeywell, Apple Intel Travelers Cos Boeing IBM, Caterpillar Johnson, Johnson Verizon Chevron, Cisco Systems, Walgreens, Alliance Coca Cola Merck Walmart Dow Microsoft Walt Disney Locations: New York City, T General Motors Texaco Bethlehem Steel Goodyear, America
☆ Dow crosses 40,000 for the first time
  + stars: | 2024-05-16 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
New York CNN —The Dow broke past the 40,000 threshold Thursday morning for the first time ever, fueled by an encouraging inflation report. It also highlights a notable contrast between sentiment on Wall Street and Main Street. Dow 100: The Dow first closed in triple digits in January 1906. The Dow nearly matched that in 2017, rising 25%. Dow 30,000: Nov. 24, 2020: Covid sent the stock market plunging in the spring of 2020.
Persons: Dow, stoking, ”, Gary Pzegeo, John Williams, Tom Barkin, ” Tyler Schipper, Thomas, Hogan, Teddy Roosevelt, Richard Nixon, Trump, Covid Organizations: New, New York CNN, Markets, Federal Reserve, Bureau of Labor Statistics, CIBC Private Wealth, ”, Walmart, Airlines, Big Tech, York Fed, Reuters, Richmond Fed, Dow, University of Michigan, CNN, CPI, University of St, Riley Financial, Wall, Microsoft, Chevron, Traders, New York Stock Exchange, Getty, Federal, Woolworth, Eastman Kodak Locations: New York, United States, Minnesota, Chevron —, AFP
☆ A secret bomb and ruined film: Why the US government only told Kodak it was going to test nuclear bombs
  + stars: | 2023-07-25 | by ( Maiya Focht | ) www.businessinsider.com   time to read: +6 min
Nuclear fallout from the Trinity Test damaged a batch of the Eastman Kodak Company's X-ray film. In the coming months, 1,111 miles to the northeast, physicists in the Eastman Kodak Company headquarters began following that trail. By testing the particles that settled in one of its manufacturing facilities, Kodak determined that they came from a nuclear bomb. They agreed to give Kodak advance notice of any nuclear testing in exchange for them dropping legal action. It took decades for the rest of the country and the world to find out about the dangers of nuclear fallout.
Persons: they'd, Kodak's, Julian Webb, Webb, Geiger, Sen, Tom Harkin Organizations: Trinity, Eastman Kodak Company's, Kodak, Service, New Mexico Army, Eastman Kodak Company, Atomic Scientists, Atomic Energy Commission, Lions, CDC, Trinity Test Kodak, Manhattan, Trinity Test, Manhattan Project, Corbis, AEC, National Cancer Institute, Iowa Locations: Wall, Silicon, New Mexico, Nevada, Vincennes , Indiana, Alamogordo , New Mexico, Indiana, Rochester , New York, The Rochester , New York, United States, Utah, Idaho
☆ Happy 100th Birthday, 16-Millimeter Film
  + stars: | 2023-04-18 | by ( Devika Girish | ) www.nytimes.com   time to read: +2 min
One hundred years ago, the Eastman Kodak Company introduced a shiny new camera that promised to revolutionize moviemaking. The technical marvel, however, wasn’t just the camera but also the film inside. Until 1923, the film used most commonly in motion pictures was 35 millimeters wide. Until digital video arrived in the late 1990s, 16-millimeter film was the mainstay of the amateur or independent filmmaker, requiring neither the investment nor the know-how of commercial cinema. The third film, “Black Faces” from 1970, was an ebullient, one-minute montage of portraits of Harlem residents.
☆ Carl Icahn wants to bring back Illumina's ex-CEO 'immediately' as proxy fight intensifies
  + stars: | 2023-03-29 | by ( Annika Kim Constantino | ) www.cnbc.com   time to read: +2 min
Carl Icahn on Wednesday said Illumina should bring back its former CEO "immediately," his latest move in a brewing proxy fight with the biotech company. Flatley helmed the company for 17 years before he was succeeded by current CEO Francis deSouza in 2016. Icahn, who owns a 1.4% stake in Illumina, lambasted the company's current management in the interview. He told the Journal that executives are making the mistake of holding onto Illumina's $7.1 billion acquisition of cancer test developer Grail in 2021. He told the Journal that Illumina can't afford to keep Grail under current macroeconomic conditions.
☆ How the market has changed in the 20+ years I’ve covered it
  + stars: | 2023-03-03 | by ( Paul R. La Monica | ) edition.cnn.com   time to read: +6 min
Eastman Kodak (KODK) was a Dow stock. I’ve written about B2B (aka business-to-business) software companies, cloud computing firms, IPOs and SPACs, and cannabis/pot stocks. There have been more flavors of the month in the stock market during my CNN career than at your local Baskin-Robbins. It’s fine to have a lot of your money in S&P 500 ETFs and other funds that will track the broader market. “We still continue to believe that over long periods of time, stocks provide a reasonable hedge against inflation,” Patterson said.
☆ Two charged with insider trading in Kodak before COVID loan announcement
  + stars: | 2023-02-23 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +2 min
The defendants then traded in Kodak stock, resulting in profits of more than $500,000 for Andrew Stiles and more than $700,000 for Gray Stiles, the indictment said. One day before the proposed loan was announced, Andrew Stiles texted his cousin "tmw," prompting Gray Stiles to respond "hot damn," the indictment said. Andrew Stiles was arrested at his Charleston, South Carolina home, and Gray Stiles was arrested in Virginia. Ron Fischetti, a lawyer for Andrew Stiles, said his client's arrest came "out of nowhere" following a year of communications with prosecutors. A lawyer for Gray Stiles did not immediately respond to requests for comment.
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