1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Kodak finds new partner; stock rises 6.7%

February 17, 2006 | About:

Eastman Kodak Co. has chosen an important new partner to help develop pioneering technology for display screens in consumer electronics.

And today, Eastman Kodak Co. stock surged 6.7 percent following news that a key investor has increased its stake in the company.

Legg Mason Value Trust, run by legendary fund manager Bill Miller, now owns 23 million shares of the company, up from 21.5 million at the end of the third quarter. That amounts to about 8 percent of Kodaks outstanding shares.

http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/20060215/NEWS01/602160312/1002/rss01

Millers fund has outperformed the Standard and Poors 500 index for 15 straight years. Kodak stock closed at $26.54, up $1.64.


Rating: 5.0/5 (1 vote)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


kw1123Non_S&P Buy
kw1123S&P Buy
dpostelBook Appreciation
nmccutcheonMID CAP
DANGORDON*
DANGORDONBOOK VAL GROWTH RATE 2-12-17
nmccutcheonMid-cap value
Marty Fletcher10% ROE ROC 12 PE
milesahead04smallCap AllAround2
milesahead04smallCap AllAround
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK