Eastman Kodak Co
Industrials News Industrials Company & Industry Overviews
On January 17, 2018, Overstock (OSTK) moved higher as its subsidiary tZERO announced that it had chosen KODAKCoin as the first offering for its security token platform.
Tech & Comm Services
Outperforming the market Among top ETFs tracking Bitcoin’s performance is the ARK Web x.0 ETF (ARKW) (ARKK). As shown in the chart below, this fund has steadily seen its price rise. Whereas it was trading at $48.70 on January 9, 2018, it had fallen from a high of ~$50.50 on December 18, 2017. In comparison, the S&P 500 […]
Company & Industry Overviews
Gross margins narrow In 2Q17, GoPro’s (GPRO) gross margin narrowed to 36% from 42% in 2Q16. However, GoPro’s operating expenses fell 36% YoY (year-over-year) to $116.5 million, to offset the gross margin contraction. GoPro will need to reduce costs faster than its gross margin contracts to achieve profitability. Last December, GoPro announced the reduction of […]
GoPro (GPRO) expects revenue from the Karma drone to rise in 2Q17. The drone is priced higher than competitor products.
Earlier this month, GoPro (GPRO) announced the first pilot shipment of its Fusion camera.