Kodak to cut more jobs, complete overhaul in 2007
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Eastman Kodak Co.  said on  Thursday it expected to cut up to 3,000 additional jobs and  complete a three-year restructuring program by the end of 2007  that it says will help sustain profitability.
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ROCHESTER, NYâEastman Kodak will acquire the imaging business of National Semiconductor Corp., which develops and manufactures metal oxide semiconductor image sensor devices.
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Eastman Kodak Co. announced Tuesday it will cut nearly 900 jobs at three of its manufacturing facilities in Europe as part of the company's shift from traditional film production to digital photography.
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The camera company plans to shift its remaining digital camera production to China and cut an unspecified number of jobs.
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Motorola Inc. , the world&#39;s  second-biggest mobile phone maker, said it expects to cut an  additional 4,000 jobs, bringing the total to 7,500 this year,  as it works to reduce costs to return to profit.
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A year from now, capturing a crisp, clear image of a candlelit birthday party could be a piece of cake &#151; even with a camera phone. Eastman Kodak Co. said Thursday it has developed a color-filter technology that at least doubles the sensitivity to light of the image sensor in every digital camera, enabling shutterbugs to take better pictures in poor light.
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Eastman Kodak Co. EK.N, the world's  top maker of photographic film, on Wednesday said its third  quarter profit rose, boosted by discontinued operations. Sales  were boosted by the weaker dollar and its key growth area of  digital photography.  Rochester, New York-based Kodak, which one year ago announced a  dramatic strategy shift toward digital cameras and printing and  away from film, posted net income of $479 million, or $1.67 a  share, including $1.51 from discontinued operations. A year  earlier its profit was $122 million, or 42 cents a share.     Multimedia versions of Reuters Top News are now available for:   * 3000 Xtra    : visit http://topnews.session.rservices.com  *  BridgeStation: view story .134  For more information on Top  News, visit  http://topnews.reuters.com
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Eastman Kodak Co. EK.N on Wednesday  posted a fourth-quarter loss on restructuring costs,  but  strong sales of digital photography products showed its  strategy shift is taking root.
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Photography company Eastman Kodak Co.  EK.N on Wednesday raised its growth forecast on digital  products and services, such as cameras and medical imaging, key  areas it is depending on to offset rapidly declining sales in  its traditional film business.
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Eastman Kodak Co.  posted a better-than-expected quarterly profit on Wednesday due to lower costs and its photo kiosk business, which offset a 25 percent drop in sales of digital cameras and accessories.
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Sprint Corp. (FON.N: Quote, Profile, Research) on Friday said it plans to cut up to 700 jobs as it realigns its business to focus on wireless and Internet services and takes a non-cash network impairment charge.
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Eastman Kodak Co., the world&#39;s largest maker of photographic film, said Wednesday it expects sales of digital products and services to grow at an annual rate of 36 percent between 2003 and 2007, above prior growth rate estimates of 26 percent between 2002
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Eastman Kodak Co.  said on Thursday it expected to cut up to 3,000 additional jobs and complete a three-year restructuring program by the end of 2007 that it says will help sustain profitability.
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The Eastman Kodak Company reported a fourth-quarter profit of $215 million, a big increase from a year earlier.
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Eastman Kodak Co.  said on Thursday it expected to complete a three-year restructuring program by the end of 2007, including additional job cuts, that will help it sustain profitability.
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Eastman Kodak Co.  said on Thursday it expected to complete a three-year restructuring program by the end of 2007 that will help it sustain profitability.
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Sprint Corp. FON.N on Friday said it  plans to cut up to 700 jobs as it realigns its business to  focus on wireless and Internet services and takes a non-cash  network impairment charge.