The Securities and Exchange Commission launched a probe of circumstances surrounding Eastman Kodak (KODK) and a $765 million government loan it received last week to make pharmaceutical ingredients at its U.S. facilities. Questions: What happened to Kodak stock between the announcement of its government loan to make pharmaceutical ingredients and the announcement of the SEC probe? Which… Read more »
Posts Tagged: falling stock prices
But wait…..there’s more………
Already struggling to rebuild its reputation after disclosing the creation of fraudulent bank accounts, the New York Times indicates that Wells Fargo may soon release information about even more fraudulent account creation. Questions: 1. Based on the new investigation, how many accounts were found and over what period? 2. What is the new regulatory issue… Read more »
China Woes
This will be a make-or-break week for the Chinese stock market, after officials rolled out an unprecedented series of steps this weekend to prevent a stock market crash that would hurt the world’s second-largest economy. Questions: 1. What has the Chinese stock market done in the last 3 weeks? 2. What will the suspension of… Read more »