Kodak Shares Jump on Buzz of HP Interest

Shares of Eastman Kodak Co. rose the most in more than a year Thursday on renewed speculation among traders that the company might be purchased by Hewlett-Packard Co.

Shares in the world's largest photography company jumped $1.20, or 4.9% to $25.57, the biggest increase since July 21, 2004. Before Thursday, they had fallen 24% this year.

Source: LA Times


Posted: Fri - September 2, 2005 at 08:08 AM