Kodak Profits on Discontinued Operations
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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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The business in which Kodak made its name, film processing and conventional photography, is in decline.
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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. EK.N on Wednesday  raised its growth forecast on digital products and services,  the areas the photography company is depending on to offset a  rapid decline in its traditional film business.
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Eastman Kodak Co. EK.N on Wednesday  said fourth-quarter sales of its digital photography products  rose 40 percent, evidence of the early success of its move away  from film.
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Eastman Kodak Co., the world's largest maker of photographic film, said Tuesday it will restructure manufacturing plants in Britain and France as part of the company's three-year program to reduce worldwide employment by 12,000 to 15,000 and cut total facilities square footage by one-third.
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Eastman Kodak Co. EK.N on Wednesday  backed its near and long-term profit forecasts, saying sales of  digital products, such as cameras and medical imaging, are  growing faster than expected and helping to offset rapidly  declining sales of its traditional film business.
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The microstock business balances attracting customers, making money, and keeping photographers happy. iStockphoto is adjusting its formula for 2008.
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THE photo-equipment maker Kodak yesterday announced plans to axe 600 jobs in the UK and close a factory in Nottinghamshire, in a move in line with the giantâs global restructuring strategy unveiled last January.
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Is Eastman Kodak (NYSE: EK) getting close to being picture-perfect? It hasn&#39;t been hard for anyone to get the fact that Kodak needs to do some pretty fancy footwork to survive
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Eastman Kodak, tens of thousands of jobs lighter than it was three years ago, is struggling for a toehold in a competitive digital world.
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Eastman Kodak Co., boosted by the sale of a remote sensing business and gains in digital photography, recorded a sharply higher profit in the third quarter and beat Wall Street forecasts by a wide margin.
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LONDON : Eastman Kodak said it would axe 870 job cuts across Britain and France as part of a global cull blamed on the increasing popularity of digital photography.
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The rising use of digital cameras results in Kodak deciding to close a photo finishing lab in Glasgow.
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Eastman Kodak Co., the world&#39;s biggest photographic company, said it will shed about 870 jobs in Europe to concentrate on the digital market as demand for film declines.
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Photographic equipment manufacturer Kodak today blamed the rise of digital photography for 600 job losses and a factory closure. Kodak said declining demand for traditional
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Eastman Kodak Co., the world's  top maker of photographic film, on Wednesday posted a quarterly  profit as lower costs and strength in its kiosk business helped  overcome a 25 percent drop in sales of digital cameras and  accessories.