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Kodakco

Federal agency finds no wrongdoing in Kodak loanFederal agency finds no wrongdoing in Kodak loan The inspector general for the U.S. International Development Finance Corp (DFC), which was administering the loan, told Democratic lawmakers he found no evidence that agency officials had any conflicts of interest in the plans, the report said. It is unclear whether the agency will now move forward with the loan. Shares of the once iconic photography company surged in September when an earlier review by law firm Akin Gump, also cleared company executives of wrongdoing. finance.yahoo.com
NYSE:KODK
by AlenCiken
KODK LONG SET UP (Kodak Co)TITLE/(DATE)- KODK stock ASSET- STOCK PLATFORM-Robinhood ORDER TYPE- BUY Time Frame-1hr ENTRY PRICE 1- $9.00 (market) ENTRY 2- $5.00 (pending) STOP LOSS- $2.00 TAKE PROFIT 1-$14.00 TAKE PROFIT 2- $18.00 TAKE PROFIT 3- $24.00 TAKE PROFIT 4- $30.00 TAKE PROFIT 5- $34.00 TAKE PROFIT 6- $40.00 STATUS: Active BRIEF-DFC To Provide $765 Mln Loan To Eastman Kodak Co To Support Launch Of Kodak Pharmaceuticals July 28 (Reuters) - U.S. International Development Finance Corporation: * U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION - TO PROVIDE $765 MILLION LOAN TO EASTMAN KODAK CO TO SUPPORT LAUNCH OF KODAK PHARMACEUTICALS * DFC - KODAK PHARMA TO MAKE CRITICAL PHARMACEUTICAL COMPONENTS IDENTIFIED AS ESSENTIAL BUT HAVE LAPSED INTO CHRONIC NATIONAL SHORTAGE, AS DEFINED BY FDA * DFC - DFC’S LOAN TO ACCELERATE KODAK’S TIME TO MARKET BY SUPPORTING COSTS NEEDED TO REPURPOSE & EXPAND EXISTING FACILITIES IN NEW YORK & MINNESOTA Sector: Electronic Technology Industry: Electronic Equipment/Instruments Employees: 4922 Eastman Kodak Co . engages in the provision of analog and digital innovations. It operates through the following segments: Print Systems; Enterprise Inkjet Systems; Kodak Software; Brand, Film and Imaging; Advanced Materials and 3D Printing Technology; Eastman Business Park, and All Other. The Print Systems segment comprises of prepress and electrophotographic printing Solutions. The Enterprise Inkjet Systems segment includes prosper and Versamark business. The Brand, Film and Imaging segment involves includes industrial film and chemicals, motion picture, and consumer products. The Advanced Materials and 3D Printing Technology segment offers kodak research laboratories and associated business opportunities and intellectual property licensing. The Eastman Business Park segment includes the operations of the Eastman Business Park, an acre technology center and industrial complex. The All other segment composes RED utilities variable interest entity. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.
NYSE:KODKLong
by MavRich_Trading