Tag Archives: Kodak

Via press release from New York AG Letitia James: New York Attorney General Letitia James, today, announced a new action taken in her investigation of insider trading by the chief executive officer (CEO) of the Eastman Kodak Company (Kodak). Attorney General James filed a petition with the New York County State Supreme Court to have Kodak CEO Jim Continenza publicly …

Mother Jones reports: In late July, a wild chain of events occurred when the Trump administration decided to give Eastman Kodak, the film giant that went bankrupt in 2012, an unprecedented $765 million government loan through the Defense Production Act. The agreement was officially announced on July 28, but the previous day, the price of Kodak’s stock began to surge, …

CNBC reports: A deal that would have seen Eastman Kodak get funding to produce drug ingredients that could have helped fight the coronavirus has been put on hold. In a tweet Friday evening, the U.S International Development Finance Corporation said it was holding up the deal as regulators reportedly look into trading activity that sent Kodak’s shares surging on news …

The Wall Street Journal reports: The Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co.’s  announcement of a $765 million government loan to make drugs at its U.S. factories, according to people familiar with the matter. News of the loan last week caused Kodak’s shares to rise as high as $60, before falling to about $15 on …

The New York Times reports: At the beginning of this week, the Eastman Kodak Company handed its chief executive 1.75 million stock options. It was the type of compensation decision that generally wouldn’t attract much notice, except for one thing: The day after the stock options were granted, the White House announced that the company would receive a $765 million …

JMG reader Rob tips us to this lovely three-minute clip from Kodak. From the YouTube description: “Director Terry Rayment’s 35mm film “Understanding” poignantly depicts the transformational power of love and happiness. Cinematographer Kate Arizmendi captured all of the emotions beautifully on KODAK VISION3 500T 5219.”