‘We’re more of a chemical company’ than a camera brand

Kodak (KODK) — which vaulted back into the spotlight via a multi-million deal with the federal government to make medical ingredients — associates itself more with chemicals than the cameras and photos that made it famous, CEO Jim Continenza told Yahoo Finance on Wednesday.

The company’s stock skyrocketed by over 500% intraday, taking Wall Street by surprise after mostly flatlining in recent years. Kodak was once a household name, but the digital revolution that turned smartphones into…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *