) announcement of a $765 million government loan to make drugs at its U.S. factories, President Donald Trump said on Tuesday.
“We’ll do a little study on that. We’ll find out. If there is any problem, we’ll let you know about it very quickly,” he told reporters during a briefing. “We’ll see what that’s all about.” U.S. Senator Elizabeth Warren on Tuesday wrote a letter to the SEC asking that it investigate potential insider trading before the loan was announced.
We are bringing back making pharmaceuticals in the USA!! 🇺🇸
GOOD! I am sick of helping Donald Trump line his flipping pockets.
These guys?
Trump manipulating the stock market again...
In my personal mind, this was one of the strangest moves in a huge field of strange moves... Waiting to see how this plays out on many levels. Facts still do matter.
Jared has it under control.
CEO made megabucks on brand new options? I think roughly $58M. That's insider dealing.
Oh, the whole Kodak thing that the dictator-in-chief said he knew nothing about today? 🤷
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US Govt $756 defense loan to Kodak raises eyebrows, stock surges 530% after dealKodak was recently awarded a $765 million loan under the Defense Production Act to produce pharmaceuticals to lessen reliance on international manufacturers. The company’s stock surged by more than 2,300 percent within two days of the announcement, and the company's CEO, Jim Continenza, had received stock options just before the deal was announced, The New York Times reported. SRuhle High end looting in plain sight. I don't want to hear another word about a kid grabbing a flat screen tv and some sneakers SRuhle Like I care what an NBC “reporter” thinks. On that note: “MSNBC producer resigns from network with scathing letter: They block 'diversity of thought' and 'amplify fringe voices'” NBC is garbage. SRuhle I knew this Kodak story sounded very strange. Please stay on SRule!
Source: MSNBC - 🏆 469. / 51 Read more »
Kodak Loan Disclosure and Stock Surge Under SEC InvestigationThe Securities and Exchange Commission is investigating the circumstances around Eastman Kodak’s announcement of a $765 million government loan to make drugs at its U.S. factories, according to people familiar with the matter. I would say Jared Kushneris finished.....But we all know Trump's SEC is useless 😴😴😴 How many Trump family members and GOP politicians will be found out? Gee... You think there wouldn't be any insider trading on this? Seems like something obviously rife w/ insider potential.
Source: WSJ - 🏆 98. / 63 Read more »
SEC Reportedly Probing Kodak For Stock Trades Before Blockbuster Pharmaceutical DealThe day before the deal was announced, trading volume was seven times the average daily volume the previous 30 trading days. rachsandl shocker rachsandl ZimbabweLivesMatter rachsandl 👏👏👏👏👏👏👏
Source: Forbes - 🏆 394. / 53 Read more »
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing dealThe SEC's probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter. They’ll pay like $200,000 fine and move on after fking up bunch of investors.
Source: CNBC - 🏆 12. / 72 Read more »
Elizabeth Warren calls for insider-trading investigation after Kodak shares spike 2,190% | Markets InsiderSen. Elizabeth Warren asked the Securities and Exchange Commission to investigate possible insider trading of Eastman Kodak shares before the pu... One of the few times I agree with her rhonda_harbison Yup. InsiderTrading for sure with $KODK.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Fact check: Another Trump briefing, more Trump falsehoods on coronavirus and mail-in votingPresident Donald Trump's Monday afternoon appearance in the White House briefing room was replete with the now-familiar Trump fare: dishonestly upbeat assessments of the pandemic situation, a series of inaccurate claims related to mail-in ballots and exaggerations about his own accomplishments. Here are the facts. Analysis: CNN is not journalism. They are an advocacy group for the DNC. Just a goof briefing again TDS continues to overwhelm CNN!
Source: CNN - 🏆 4. / 95 Read more »