Al Root

Kodak stock jumped Tuesday after it found a lot of cash—in the company’s pension plan. Monday, Kodak said in a filing with the Securities and Exchange Commission that its pension plan sold “illiquid” assets worth about $764 million for about $551 million. There’s more: Kodak is also considering ending its retiree pension plan, the Kodak Retirement Income Plan, and taking the excess cash.

Coming into Wednesday trading, Tesla stock was up about 35% since the Nov. 5 presidential election and up about 36% year to date.

Prices wars have many casualties, including suppliers who get squeezed by customers looking to save money.

Carl Icahn is adding to a position in fertilizer producer CVR Partners. Falling costs would be one good reason to do that.

The Trump name and Elon Musk’s preference for drones relative to traditional jet fighters are helping to send the shares of a maker of unpiloted aircraft into the stratosphere. Lockheed’s loss appears to be a gain for a tiny drone manufacturer: Unusual Machines The stock rose about 34% on Monday and continued to power ahead. Through midday on Wednesday, shares of Unusual Machines were up about 130% for the week.

Carl Icahn is adding to a position in fertilizer producer CVR Partners. Falling costs would be one good reason to do that.

The Trump name and Elon Musk's preference for drones over traditional jet fighters helped send the shares of a drone maker into the stratosphere.

The Trump name and Elon Musk’s preference for drones over traditional jet fighters helped send the shares of a drone maker into the stratosphere. Lockheed’s loss appears to be a gain for a tiny drone manufacturer: Unusual Machines The stock rose about 34% on Monday and continued to power ahead. Adding to the fervor was news Wednesday that Donald Trump Jr. agreed to become an advisor to the company.

There isn’t much news to pin on the Tesla stock move; there are no analyst upgrades or downgrades. President-elect Donald Trump on Monday said he would put 25% import tariffs on Canada and Mexico until “such time as drugs, in particular Fentanyl, and illegal aliens stop this invasion of our country.” Later that day, California Gov. Gavin Newsom said his state would implement a $7,500 EV purchase tax credit if Trump killed the federal credit worth up to $7,500 for qualifying EV purchases, as is widely expected.

There isn't much news to pin on the Tesla stock move; there are no analyst upgrades or downgrades.