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Kodak to begin making generic drugs; stock price triples (access required)

Photo giant receives $765 million loan to start Kodak Pharmaceuticals

Eastman Kodak Co. shares (NYSE: KODK) tripled Tuesday on news that the photo giant will receive a $765 million loan from the U.S. International Development Finance Corp. to begin producing pharmaceuticals. Kodak stock closed at nearly $8 Tuesday, up from Monday's close of $2.62 a share. At the direction of President Trump, DFC CEO Adam Boehler ...

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After investigation, legal experts conclude Kodak, executives did not violate any laws (access required)

Eastman Kodak Co. shares (NYSE: KODK) tripled Tuesday on news that the photo giant will receive a $765 million loan ...