Recommender

Kodak soars 83% after special committee it hired finds no violations of law related to government loan announcement

4 monthes ago   |   By

Plus49/Construction Photography/Avalon/Getty Images
Kodak soared on Wednesday after a special committee it hired found that it did not violate any laws related to its announcement that it received a $765 million loan from the US government. The report found that Kodak executives did not violate insider trading laws because throughout the loan process, Kodak general counsel told executives that the government loan application process was "at a highly uncertain stage." In a statement, Kodak said it would take actions recommended in the report to strengthen its practices, policies, and...
Read more ...

 

Kodak admits to poor handling of CEO stock grants prior to announcing its $765 million government loan

4 monthes ago   |   By

Reuters / Steve Marcus
Kodak admitted to poor handling of a stocks grant process for its chief executive prior to disclosing a surprise $765 million government loan. The camera company released a legal review that showed Kodak was not thoroughly briefed by legal counsel on the stock options process to its CEO and chairman, Jim Continenza, before the loan disclosure. Kodak's lawyers maintained the company did not violate securities regulations, but allegations of wrongdoing are under investigation by the same agency that awarded the loan. The company agreed to execute the committee's...
Read more ...

 


Search by Tags

   Recommender      Photography      Business      Markets      Kodak      Kodak stock price      Mover      Movers      Stocks      Stock Market      Finance      Investors      Trader      Traders      Stock Options      Government funding      Trump      Coronavirus      COVID-19  


Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

It's Full Steam Ahead with Family Fun in 2021 at Four Seasons Resort The Nam Hai

It's Full Steam Ahead with Family Fun in 2021 at Four Seasons Resort The Nam Hai

Connection is always high on the agenda at Four Seasons Resort The Nam Hai, Hoi An, but 2021 sees it taking centre stage with a fun-filled focus on family time. Fabulous offers... Read more ...

Fall in Love with This Valentine's Package at Four Seasons Hotel Las Vegas

Fall in Love with This Valentine's Package at Four Seasons Hotel Las Vegas

Right in time for the holiday of love, Four Seasons Hotel Las Vegas launches the Cupid's Cabana and Spa Experience for this Valentine's weekend. Known for offering serenity on... Read more ...

How to get a Covid-19 Test in Los Cabos

How to get a Covid-19 Test in Los Cabos

As of January 26, 2021, all travelers flying to the US from Mexico, including from the picturesque destination of Los Cabos, will be required to present proof of a negative... Read more ...

Even optimistic scenario for tourism this year is 26% fewer visitors than 2019

Even optimistic scenario for tourism this year is 26% fewer visitors than 2019

The arrival of international tourists will increase by 33.7 per cent in 2021 compared to last year in a best-case scenario, according to the federal Tourism Ministry of Mexico... Read more ...

Where Exactly Does Joe Biden Plan To Put 550,000 EV Charging Stations?

Where Exactly Does Joe Biden Plan To Put 550,000 EV Charging Stations?

There has been a lot of talk today about President Joe Biden's first day executive orders. One EO that has long been promised paves the way forward for mass electric vehicle... Read more ...

China steps up COVID-19 vaccine drive ahead of Lunar New Year

China steps up COVID-19 vaccine drive ahead of Lunar New Year

When American restaurant worker Simon Sunwoo was offered a Chinese-made COVID-19 vaccine in Shanghai this month through his employer he jumped at the chance. “They wouldn't... Read more ...

Volkswagen Announces The Name For Their New EV Flagship And Some Very...

Volkswagen Announces The Name For Their New EV Flagship And Some Very Confusing Details

Volkswagen is planning an all-new halo electric car, and today VW brand emperor Ralf Brandstätter announced the name, Trinity , and some details about the car that are using... Read more ...

Engineer Who Compared Tesla Model 3 Quality To 'A Kia In The '90s' Buys...

Engineer Who Compared Tesla Model 3 Quality To 'A Kia In The '90s' Buys Another Model 3. Here's What He Found

Sandy Munro, the manufacturing expert who once said an early Tesla Model 3 had fit and finish issues similar to “a Kia in the '90s” now has a new Model 3. Munro just gave his... Read more ...

Trump Pardoned The Uber Engineer Who Wanted To Make An A.I. God

Trump Pardoned The Uber Engineer Who Wanted To Make An A.I. God

Trump managed to wedge in a pardon for Anthony Levandowski, the engineer charged with fleeing Google for Uber with trade secrets in tow and got caught up in a massive lawsuit... Read more ...

Valentine's Day 2021: Luxury Gifts For Her

Valentine's Day 2021: Luxury Gifts For Her

As Valentine's Day creeps closer, it's clear that 2021 celebrations will be unlike any before. However, staying home shouldn't mean that the gifts are any less special. To help... Read more ...