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Kodak soars 83% after special committee it hired finds no violations of law related to government loan announcement

In a statement, Kodak said it would take actions recommended in the report to strengthen i.....»»

Category: dealsSource: nytSep 16th, 2020

Kodak soars 83% after special committee it hired finds no violations of law related to government loan announcement

In a statement, Kodak said it would take actions recommended in the report to strengthen i.....»»

Category: dealsSource: nytSep 16th, 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 stock rockets on heavy volume after committee hired by company finds no laws broken with loan announcement

Shares of Eastman Kodak Co. rocketed 51.9% on very heavy volume in premarket trading Wednesday, after a special committee hired by the digita.....»»

Category: topSource: marketwatchSep 16th, 2020

Eastman Kodak committee finds federal loan disclosure was legal, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 16th, 2020

Kodak Shares Jump 24% As Independent Review Finds It Violated No Law

Eastman Kodak Company’s (NYSE: KODK) shares jumped in pre-market session Wednesday as the special committee appointed by its board declared the outcome of its independent review on the company’s handling of stock options to the CEO. read more.....»»

Category: blogSource: benzingaSep 16th, 2020

Kodak addresses controversial halted $765M loan amid SEC probe, says "more work is necessary"

Kodak executives face allegations of wrongdoing related to a government loan to produce pharmaceutical supplies......»»

Category: topSource: foxnewsAug 11th, 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

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

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

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

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"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

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

D.....»»

Category: topSource: marketwatchAug 5th, 2020

Kodak"s $765M Federal Loan Disclosure For Drug Venture Under SEC Investigation: WSJ

Eastman Kodak Company (NYSE: KODK) is under investigation by the United States Securities and Exchange Commission surrounding the announcement of a $765 million federal loan for its foray into pharmaceuticals last month, the Wall Street Journal read more.....»»

Category: blogSource: benzingaAug 4th, 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