The unusual upward swing of Kodak stock is followed by an equally large downward move on the stock.
Eastman Kodak Co. KODK -27.89% shares lost more than a quarter of their value Monday after news that a planned $765 million loan to the company was put on hold as the deal has come under congressional and regulatory scrutiny.
(Bloomberg) — Chinese electric-car startup Xpeng Motors has filed for a U.S. initial public offering, right behind rival Li Auto Inc. which raised $1.1 billion last month. Read More
Chinese Electric-Vehicle Maker XPeng Files for U.S. IPO — Financial Post
TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2020 (“Q2 2020”). Read More
Timbercreek Financial Announces 2020 Second Quarter Results — Financial Post
(Bloomberg) — With the polls and the betting markets showing Joe Biden can beat Donald Trump in November’s presidential election, some money managers are buying European assets in anticipation of the region emerging as a big winner should there be a change of guard at the White House. Read More
Here’s How a Biden Victory Could Give European Assets a Boost — Financial Post
Eastman Kodak Co’s $765 million loan agreement with the U.S. government to produce pharmaceutical ingredients has been put on hold due to “recent allegations of wrongdoing,” the U.S. 8 more words
Eastman Kodak’s $765 million U.S. loan agreement on hold after recent allegations — Financial Post
Twitter Inc has held preliminary negotiations about a potential combination with TikTok, the Wall Street Journal reported on Saturday, citing sources. Read More
Twitter, TikTok held preliminary talks about potential combination – WSJ — Financial Post
PARIS — French wine production is likely to rise this year and harvesting could start early after warm weather, the country’s farm ministry forecast, just as Italy and France try to curb premium output to support prices. Read More
Grape expectations as France forecasts more wine to flow in 2020 — Financial Post
The gap in the U.S. jobless rate between whites and Blacks widened for a third straight month in July, making the gulf between the races the widest in more than five years, Labor Department data released on Friday showed. Read More
U.S. Black-white unemployment rate gap widens again in July — Financial Post
Gold dipped nearly 2% on Friday, snapping its record-breaking rally, after a slightly better-than-expected U.S. jobs report boosted the dollar, but a worsening pandemic kept prices on track for their longest streak of weekly gains in about a decade. Read More
Gold’s record breaking rally halts as dollar strengthens — Financial Post
the Java Exchange 