Shares of Eastman Kodak dove 28.3 per cent to US$10.67 in afternoon trading. — Reuters pic
The US International Development Finance Corporation's said Friday it will halt further action following controversy that has surrounded its July 28 announcement of a US$765 million loan to Kodak. has reported that the Securities and Exchange Commission is investigating Kodak's disclosures about the loans and is expected to probe the company's awarding of stock option grants to executives on July 27.