Tag Archives: Kodak

Kodak shares surge on news of DFC loan investigation (access required)

kodak-tower

Eastman Kodak Co. shares surged on Monday on news that regulators had found no wrongdoing in a loan process that would have had the company manufacturing chemicals for COVID-19 and generic drugs. Following a report from the Wall Street Journal ...

Read More »

Kodak reports Q3 loss (access required)

kodak-from-cacade-web

After the bell on Tuesday, Eastman Kodak Co. reported a third-quarter decline in sales of $63 million and a net loss for the quarter of $445 million. Shares of company stock (NYSE: KODK) were down roughly 2 percent to $6.55 ...

Read More »

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

kodak-from-cacade-web

An independent legal review of Eastman Kodak Co.’s actions during and ahead of a July announcement that the Rochester manufacturer was in line to receive a massive loan to produce pharmaceuticals has concluded that the company and its executives broke ...

Read More »

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

kodaktower300

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 ...

Read More »

Kodak’s losses widen in Q1 (access required)

kodak logo

Eastman Kodak Co. on Tuesday reported a $111 million net loss in the first quarter, a $93 million decline from the photo giant’s $18 million net loss in the first quarter last year. For the quarter ended March 31, Kodak ...

Read More »

Kodak’s losses improve in first quarter (access required)

kodak-logo-resized

Eastman Kodak Co. after the bell on Thursday reported a first-quarter loss of $18 million, a $7 million improvement from the same quarter last year. For the quarter ended March 31, Kodak posted revenues of $291 million, compared with $318 ...

Read More »