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2 mins read
Kodak admits an internal error allowed former executives to make more than $5 million selling stock options they never owned
In July, the struggling camera company's stock price soared more than 2,100% after a now-highly scr…
Ben Winck
2 mins read
Kodak rockets 65% after hedge fund scoops up nearly 4 million shares
The purchase represents a 5.2% stake in Kodak and boosts shares to their highest level since mid-Au…
Ben Winck
2 mins read
More than 63,000 Robinhood traders piled into Kodak shares during its 2,100% rally
On Tuesday morning, about 9,300 Robinhood investors held Kodak shares. By Wednesday at noon, that n…
Ben Winck
2 mins read
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 c…
Ben Winck
2 mins read
Sen. Elizabeth Warren unloads on the 'fiasco' around Kodak's $765 million government loan, calls for new investigation, report says
The loan "raises larger questions about corruption, nepotism, and mismanagement in the Trump Admini…
Carmen Reinicke
2 mins read
Kodak soars 84% 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 its practi…
Matthew Fox
2 mins read
House Democrats are investigating Kodak's $765 million government loan after Elizabeth Warren urged an SEC probe
In a letter, Democratic leaders asked the government agency responsible for the Kodak loan for all …
Carmen Reinicke
3 mins read
Dow slides 420 points as US economy posts largest contraction in history
US GDP shrank at an annualized rate of 33% in the second quarter as coronavirus lockdowns put econo…
Ben Winck
2 mins read
Kodak's CEO engaged in insider trading when he purchased stock in the company while negotiating with the White House for a $655 million loan, NY AG says
New York Attorney General Letitia James said Kodak CEO unlawfully purchased company stock while neg…
Emily Graffeo
1 min read
Trump officials, while painting a rosy picture in public, warned conservative allies that coronavirus could harm economy
On television, Larry Kudlow was optimistic. "We have contained this," President Donald Trump's top …
Charles Davis
2 mins read
Kodak stock surges 88% after federal watchdog finds no problems with halted $765 million government loan
The camera company's stock soared as much as 2,190% in two days after news of the funding broke in …
Theron Mohamed
2 mins read
Kodak surges 1,900% in 2 days after securing a $765 million government loan to make drug ingredients
President Trump described the agreement with the camera company as "one of the most important deals…
Theron Mohamed
2 mins read
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 wron…
Shalini Nagarajan
2 mins read
Kodak will issue 30 million shares for convertible-bond holders following last week's 940% rally
Kodak's outstanding shares will increase 60% to 75.5 million after the debt is converted into equit…
Matthew Fox
2 mins read
Kodak surges 34% after skyrocketing 1,200% in 2 days
The remarkable rally was sparked by the camera company securing a $765 million government loan to m…
Theron Mohamed
2 mins read
Kodak's CEO stands to make $135 million after the camera company's stock surged 1,200% in 2 days
Jim Continenza's shares have skyrocketed in value after Kodak secured a $765 million government loa…
Theron Mohamed
2 mins read
US stocks drop as investors weigh inflation concerns against reports Biden may pare tax hikes
US stocks pared earlier losses but closed lower on Thursday as investors mulled a new report that B…
Emily Graffeo
3 mins read
The SEC is investigating Kodak's recent 2,190% stock spike following Elizabeth Warren's calls for action
Kodak's rally is "just the latest example of unusual trading activity involving a major Trump admin…
Ben Winck
2 mins read
Investing legend Jeremy Grantham sounds the alarm on a stocks bubble, blasts bitcoin, and says the dollar's still king
Stocks are historically expensive, bitcoin is a tool for criminals, and the era of dollar dominance…
Theron Mohamed
2 mins read
Kodak share price crashes almost 40% after US government loan for $765 million gets put on ice
The US International Finance Development Corp has frozen a $765 million loan it initially granted t…