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Tag: Kodak
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(3) Kodak Pictures of CSX Coal Train at OH Route #304 Crossing Hubbard Ohio
Two plead guilty to insider trading in Kodak before Trump loan announcement
By Jonathan Stempel NEW YORK (Reuters) – A former pharmaceutical executive and his cousin pleaded guilty on Wednesday to insider trading in Eastman Kodak, based on tips that the company was arranging a surprise $765 million loan from the Trump administration to make drug ingredients. Andrew Stiles and Gray Stiles each admitted to one count […]
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Kodak Pension Riches Point to $137 Billion Opportunity
(Bloomberg) — Inside Eastman Kodak Co., the once-iconic camera maker, a small pension investment team reaped such large gains in recent years that they windfalled themselves out of a job. Most Read from Bloomberg The group, managing a pool of retirement assets for more than 37,000 people, poured money into hedge funds and private equity […]
Kodak explores tapping pension fund’s $1.2 billion surplus, Bloomberg reports
Feb 29 (Reuters) – Eastman Kodak Co is contemplating a move to unlock gains created by its overfunded pension system, Bloomberg News reported on Thursday, citing people with knowledge of the matter. Shares of the company closed about 52.6% higher, after the report. Kodak was once a key player in the photography and film industry, […]
Kodak Disbands Team Managing $4 Billion Pension Investments
(Bloomberg) — Eastman Kodak Co. is disbanding a team that manages the firm’s $4 billion of pension investments, according to people with knowledge of the matter. Most Read from Bloomberg The former giant of the photography world, which now also focuses on manufacturing advanced materials and chemicals, has begun notifying its investment managers that it’s […]
Kodak Black admits to violating probation. He’ll be released after two months in jail
South Florida rapper Kodak Black is going to be a free man, thanks to a federal judge’s ruling. Black had been detained in a Miami federal lock-up since December for running afoul of his probation on a gun-related conviction. On Wednesday, he admitted to a technical violation that he failed to contact his probation officer […]
Kodak Black’s oxycodone possession charge dismissed
A Broward County judge dismissed the possession of oxycodone charge against South Florida rapper Kodak Black on Friday, two months after his arrest in December sent him back behind bars. Black, whose legal name is Bill Kapri, was arrested in Plantation in December when police officers found him asleep at the wheel, according to the […]
Kodak Black is behind bars in Miami. If he’s released, a Broward judge wants him in jail
Rapper Kodak Black, who’s locked up at the Miami federal detention center, may soon land back in Broward jail. In a Wednesday morning hearing, Broward Circuit Court Judge Barbara Duffy ordered Kodak, whose legal name is Bill Kapri, placed behind bars whenever he’s released from federal custody. Kodak, 26, has been held at the federal […]
Two dead, several injured following crash outside Kodak Center
Two people are dead following a crash outside the Kodak Center on West Ridge Road in Rochester early Monday morning. Rochester police said an SUV traveling eastbound on West Ridge Road struck a Mitsubishi as it was exiting the Kodak Center parking lot. The crash happened about 1 a.m. Two adult passengers in the Mitsubishi […]