Kodak Digital Sales Rise; Shares Climb
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Eastman Kodak Co.EK.N on Wednesday  said fourth-quarter sales of its digital photography products  rose 40 percent, sending shares up on evidence of the early  success of its move away from film.
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U.S. stocks rose on Thursday, extending a rebound from last week's sharp sell-off, as investors snapped up financial shares and strong monthly sales from key retailers overshadowed concerns about the subprime mortgage lending market.
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Shares of Apple Computer Inc. rose more than 10 percent in early trade on Thursday, boosted by its report that quarterly profit and revenue jumped on robust sales of its iPod digital music players, and optimism for results in the current quarter.
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Adobe Systems Inc.  on Monday reported a sharp rise in quarterly profit, driven by robust demand for its Photoshop and document-sharing software.
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Adobe Systems Inc.  said on Thursday quarterly profit rose on higher sales of its computer programs used for design, photo editing and document sharing.
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Adobe Systems Inc. on Monday reported a sharp rise in quarterly profit, driven by robust demand for its Photoshop and document-sharing software.
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(Rochester, NY) 09/22/04 -- Bold statements came from the Eastman Kodak company today. Investors learned digital sales are soaring beyond the company&#39;s expectations.
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Adobe Systems Inc.  reported on  Thursday that quarterly profit grew 16 percent, meeting  forecasts on higher sales of design software, and it reassured  investors that new products are on schedule, sending its shares  up 6 percent.
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The Nasdaq Composite Index rose on Thursday, helped by higher-than-expected sales at coffee chain Starbucks Corp. , while the Dow and the S&P 500 inched higher.
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Xerox Corp , the leading  provider of digital printers and document management services,  on Thursday posted sharply higher quarterly profit, fueled by  solid sales of higher-margin color systems.
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Eastman Kodak Co. on Wednesday backed its near and long-term profit forecasts, saying sales of digital products are growing faster than expected and helping to offset
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Lexmark International Inc.LXK.N on  Monday posted a 12 percent jump in quarterly profit, fueled by  strong sales of laser printers and replacement toner.
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Xerox Corp , the leading provider of digital printers and document management services, on Thursday posted a higher quarterly profit, fueled by solid sales of higher-margin color systems.
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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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Stocks edged higher on Thursday after data showed an unexpected rise in sales of new homes in September, while earnings from tech companies Motorola Inc  and EMC Corp  helped eased worries about third-quarter profits.
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Kodak enjoys a rise in profits thanks to strong sales of digital cameras but its traditional film business continues to struggle.
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Motorola Inc. , the No. 3 worldwide maker of cell phones, on Tuesday said quarterly earnings rose, helped by robust holiday sales.