(News) – A tweet Friday hit Kodak hard on Monday. “Recent allegations of crime have raised serious concerns,” the U.S. International Development Finance Corp. said. placed. “We will not proceed unless these allegations are dispelled.” It was a reference to a planned $ 765 million government loan that Kodak could …
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TOPLINE Shares of Eastman Kodak, which initially swore at an announcement that the government would provide a $ 765 million loan to help shift its efforts in the drug industry, thanked on Monday afternoon for news that the deal would are held as regulators look to accusations of wrongdoing. Kodak’s …
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Thomson Reuters Kodak’s shares rose 200% on Tuesday after the camera company obtained a $ 765 million government loan to manufacture drug ingredients in response to the pandemic. The group plans to launch a pharmaceutical division that will produce essential drug components currently in “chronic national shortage.” President Trump touted …
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(Reuters) – Eastman Kodak Co (KODK.N) will obtain a $ 765 million loan from the US government to produce pharmaceutical ingredients in the country, which will help reduce dependence on other countries by strengthening national supply chains. The company’s shares were trading at $ 8.80 after closing at $ 2.62 …
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