An Eastman Kodak news release saying the giant photographic, chemicals and health products giant would make a significant announcement this morning set off a round of guessing and speculation Thursday on Wall Street.
Analysts said the usual talk is making the rounds, including the naming of a new chief financial officer, more restructuring news or some other management changes.
Smith Barney Harris Upham analyst Peter Enderlin’s best guess: the appointment of a new chief financial officer.
The former finance head, Christopher Steffen, resigned in late April after clashing with Kodak chairman Kay Whitmore.
Kodak shares gained 3/8, or 0.7%, to 55 3/8 in quiet trading Thursday.