New York, NY -- (ReleaseWire) -- 05/03/2013 --Nestle SA Reg Shs. Ser. B Spons (ADR) (Pink:NSRGY) traded at $ 70.89 in the last session, which is -0.30 (-0.42%). The stock has a Range of 70.55 - 70.91. The stock has a 52 week low and high of 55.50 - 73.90 respectively. The stock has a Market Cap of 229.57B. The stock traded a volume of 463,631.00. The stock has a 30 day average volume of 480,130.00.
Nestle SA is a Switzerland-based holding company of the Nestle Group (the Group) and is principally engaged in the development and production of food and beverage. The Group manages its Food and Beverages business through three geographic zones (Zone Europe, Zone Americas and Zone Asia, Oceania and Africa) and globally for Nestle Waters, Nestle Nutrition and Other Food and Beverages.
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Eastman Kodak Co. (OTC:EKDKQ) announced, earlier this week, a comprehensive settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, with respect to its Chapter 11 Plan of Reorganization. Under the agreement, which will be filed with the U.S. Bankruptcy Court, Kodak’s Personalized Imaging and Document Imaging businesses will be spun off under new ownership to KPP.
The settlement agreement provides, among other things, for the spin-off of Kodak’s Personalized Imaging and Document Imaging businesses to KPP for cash and non-cash consideration of $650 million. Certain proceeds will be used to support the emergence of Kodak from Chapter 11 and the growth of its Commercial Imaging business. The agreement also settles approximately $2.8 billion of claims by KPP against Kodak and certain of its affiliates.
Eastman Kodak Company engages in commercial imaging business.
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