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kodak

Federal Investigations Shadow Kodak's $765 Million Government Manufacturing Loan

Kodak faces mounting federal scrutiny over the sudden approval of a $765 million government loan intended to produce pharmaceutical ingredients. The ongoing investigations raise serious questions about the deal's timing and potential insider trading.
21 Sep 2020 1 min read
kodak

Federal Government Lends Struggling Kodak $765 Million to Produce Drug Ingredients

The Trump administration provides a massive loan to Eastman Kodak to manufacture pharmaceutical ingredients, aiming to reduce US reliance on foreign supply chains. Lawmakers question whether this new domestic focus distracts from the agency's original international mission.
28 Jul 2020 1 min read
kodak

Kodak Stock Surges Over 1,300% After Securing Government Drug Manufacturing Loan

Eastman Kodak sees its stock skyrocket after receiving a $765 million federal loan to produce generic drug ingredients under the Defense Production Act. The historic photography company plans to leverage its chemical manufacturing expertise to address critical national shortages.
28 Jul 2020 1 min read
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