"WASHINGTON – President Donald Trump returned to the briefing room Tuesday to tout his administration's deal with camera company Kodak to manufacture pharmaceuticals and dismissed Senate Republicans' economic stimulus proposal as "semi-irrelevant.
Shares of Eastman Kodak (NYSE:KODK) more than tripled on Tuesday, following news that the technology company would receive a $765 million loan from the U.S. government to … "He's got this high approval rating, so why don't I have a high approval rating with respect – and the administration – with respect to the virus?" Hedge Funds Are Selling Eastman Kodak Co. (KODK) finance.yahoo.com - June 12 at 11:35 PM: Eastman Kodak Co. www.barrons.com - May 28 at 8:03 PM: Eastman Kodak Company (KODK) on Q1 2020 Results - Earnings Call Transcript seekingalpha.com - May 13 at 1:15 AM: Eastman Kodak Company 2020 Q1 - Results - Earnings Call Presentation
Right? It can only be my personality," he added. The S&P also rose, gaining … "It sort of is curious – a man works for us, with us very closely, Dr. Fauci and Dr. (Deborah) Birx, also highly thought of – and yet they're highly thought of, but nobody likes me. Get the latest Eastman Kodak Company (KODK) stock news and headlines to help you in your trading and investing decisions. "It's a breakthrough in bringing pharmaceutical manufacturing back to the United States," Trump told reporters, adding that members of his administration are in Rochester, New York, where the camera company is based, to "finalize this groundbreaking deal. "Treasury Secretary Steve Mnuchin and Trump's chief of staff Mark Meadows, the two White House officials tasked with negotiations, have spent the last week meeting with congressional leaders to hash out the details of the GOP plan to ensure it addresses the president's demands.Mnuchin and Meadows appeared to make little progress in their meeting with Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi.
Last week he canceled the Jacksonville, Fla., leg of the convention, which would have hosted party festivities, including his speech. The four are due to meet again on Wednesday, according to Pelosi. It's the first such loan under the Defense Production Act (DPA) and an executive order issued by President Donald Trump, which authorizes the DFC to work with the Department of Defense to bolster the nation's response to COVID-19.At this point, however, much of the upside to the deal is likely already priced into Kodak's shares.Later on Tuesday, President Trump touted the deal as a way to strengthen the country's pharmaceutical manufacturing capabilities, particularly as they relate to the production of generic drugs.
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