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Kodak admits to poor handling of CEO stock grants prior to announcing its $765 million government loan

Lawyers maintained that the company did not violate securities regulations, but allegations of wrongdoing are under investigation. Reuters / Steve Marcus Kodak admitted to poor handling of.....»»

Category: dealsSource: nytSep 16th, 2020

Kodak shareholders were not the only beneficiaries of the sudden stock surge — holders of convertible bonds also saw tidy gains

Eastman Kodak Co.’s share price rally after news of a $765 million government loan to help it make drug ingredients at its U.S. factories has offered shareholders and executives with stock options a tidy windfall. But they’re not alone......»»

Category: topSource: marketwatchAug 4th, 2020

Kodak"s stock nearly triples after report of $765 million government loan to help produce generic drugs

Shares of Eastman Kodak Co. nearly tripled (up 192%) in very active premarket trading Tuesday toward a 2 1/2-year high, after a report that the print and advanced materials and chemicals company s.....»»

Category: topSource: marketwatchJul 28th, 2020

The Wall Street Journal: Kodak broke no laws with loan announcement, review finds 

A special committee hired by Eastman Kodak Co.’s board found several governance concerns at the company regarding the announcement of a planned $765 million loan from the U.S. government, but said none of them violated the law......»»

Category: topSource: marketwatchSep 15th, 2020

Kodak"s $765 million government loan under investigation by same agency that approved deal, report says

The US International Development Finance Corp's probe joins ongoing investigations by the SEC and congressional committees into the loan. Workers at the KODA.....»»

Category: dealsSource: nytSep 15th, 2020

Kodak raised spending on lobbying government in months before loan awarded

Kodak’s $765 million loan agreement with the U.S. government to produce pharmaceutical ingredients was put on hold on Friday......»»

Category: topSource: foxnewsAug 12th, 2020

Kodak share price crashes almost 40% after US government loan for $765 million gets put on ice

Reuters / Steve Marcus Shares in Eastman Kodak tanked in Monday's trading after the US International Development Corp put its $765 million on hold last week.  On July 28, the company announced it was getting a $765 million loan from the DFC to .....»»

Category: topSource: businessinsiderAug 10th, 2020

Kodak share price crashes in premarket trade more than 40% after US government loan for $765 million gets put on ice

Reuters / Steve Marcus Shares in Eastman Kodak tanked in Monday's premarket trading after the US International Development Corp put its $765 million on hold last week.  On July 28, the company announced it was getting a $765 million lo.....»»

Category: topSource: businessinsiderAug 10th, 2020

Eastman Kodak"s stock plummets after report that government loan being withheld

Shares of .....»»

Category: topSource: marketwatchAug 10th, 2020

Kodak $765M Federal Loan For Generic Drugs Paused Until Allegations Are Probed

The federal government is halting a $765 million loan to Eastman Kodak Company (NYSE: KODK) for its generic drug-making foray until the company is cleared of insider trading allegations. read more.....»»

Category: blogSource: benzingaAug 10th, 2020

House Democrats are investigating Kodak"s $765 million government loan after Elizabeth Warren urged an SEC probe

Reuters / Steve Marcus House Democrats have launched an investigation into Kodak and the government office that issued it a $765 million loan to shift to drug production. Rep. Maxine .....»»

Category: topSource: businessinsiderAug 5th, 2020

Kodak"s $765 million government loan is being investigated by House Democrats after Elizabeth Warren urges probe

Reuters / Steve Marcus House Democrats have launched an investigation into Kodak and the government office that issued it a potential $765 million loan to shift to drug production.  House Financial Services Committee Chairwom.....»»

Category: topSource: businessinsiderAug 5th, 2020

Top House Democrats announce probe into Kodak"s $765 million government loan

D.....»»

Category: topSource: marketwatchAug 5th, 2020

Why Kodak"s Stock Is Trading Lower Today

Eastman Kodak Company (NYSE: KODK) shares are trading lower on profit-taking after the stock rallied earlier this week following news the company received a government loan to manufacture drugs to treat a variety of conditions. read more.....»»

Category: blogSource: benzingaJul 31st, 2020

Kodak Shares Jump 2,441% After Winning Government Loan to Make Drug Ingredients to Fight Coronavirus

Kodak shares tripled on Tuesday on news of a $765 million loan to shift part of its factories to produce drug ingredients Shares of Eastman Kodak Co. have leapt 2,441% higher this week, sending its market valuation .....»»

Category: topSource: timeJul 29th, 2020

Kodak surges 1,900% in 2 days after securing a $765 million government loan to make drug ingredients

Thomson Reuters Kodak shares surged as much as 1,900% in two days after the camera company was awarded a $765 million government loan to make drug ingredients in response to the pandemic. The group plans to launch a pharmaceuticals.....»»

Category: personnelSource: nytJul 29th, 2020

Kodak surged 200% to a 30-month high after securing a $765 million government loan to make drug ingredients

Thomson Reuters Kodak shares surged 200% on Tuesday after the camera company was awarded a $765 million government loan to make drug ingredients in response t.....»»

Category: topSource: businessinsiderJul 29th, 2020

U.S. government to loan $765 million to Kodak to make chemical ingredients for drugs

Under a deal aimed at reducing American reliance on China, Kodak will start a new division that will focus on the building blocks for generic drugs, according to the company and the U.S. International Development Finance Corporation......»»

Category: topSource: washpostJul 29th, 2020

Kodak’s stock triples as company announces pandemic plan to start making pharmaceutical ingredients

The Trump administration’s $765 million loan to the Eastman Kodak Co. to launch a business making pharmaceutical ingredients sent shares of the once iconic camera company soaring......»»

Category: topSource: marketwatchJul 28th, 2020

Ingersoll Rand to award $150 million in stock grants to all employees

Ingersoll Rand Inc. said Monday that it is awarding $150 million in equity grants to its near 16,000 employees worldwide. The industrial technolog.....»»

Category: topSource: marketwatch19 hr. 49 min. ago

Column: How a botched COVID "loan" to Kodak made the company and government look like idiots

How a half-baked COVID loan to Kodak blew up in everyone's faces How a half-baked COVID loan to Kodak blew up in everyone's faces.....»»

Category: topSource: latimesSep 18th, 2020