1..Earnings Growth in Sectors Post Tax Cut.
SPX EPS estimate for 2018 has increased by 2.2% since Congress passed the tax bill on December 20, says FactSet
From Dave Lutz at Jones.
From Dave Lutz at Jones.
Shares of Eastman Kodak Co. KODK were rising 64% in premarket trading on Wednesday following a jump of 119% in the previous session after the photo company said it would shift its focus toward blockchain technology and enter the world of initial coin offerings.
Kodak said Tuesday it would launch its own form of cryptocurrency, KODAKCoin, that would “empower photographers and agencies to take greater control in image rights management” inside its existing KODAKOne platform.
Shares in the group surged more than doubled in Tuesday trading following the release, rising to a three-month high of $6.80 each.