Kodak posts profit, but digital sales suffer
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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.
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Design software maker Adobe   Systems Inc. ADBE.O on Thursday posted a lower quarterly   profit as expenses rose, but results topped average Wall Street   forecasts and shares rose 8 percent.
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Dow Jones & Co. Inc. , which soon could be bought by News Corp.  for $5 billion, reported on Thursday that quarterly profit fell because of one-time charges, while revenue rose because of strength in its digital businesses.
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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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Motorola Inc  on Thursday posted a quarterly profit from continuing operations in the third quarter but revenue fell.
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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.
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The printer maker said its second-quarter profit declined 16 percent, to $64.2 million, on lower consumer segment sales and higher costs.
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Photobooth operator Photo-Me looks to sell part of its business after seeing first half profits fall by 30%.
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Eastman Kodak&#39;s patent-infringement lawsuit against Sun Microsystems now moves into the penalty phase, as the jury considers whether to award Kodak as much as $1 billion in damages.
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Dow Jones & Co. Inc. , which  soon could be bought by News Corp. (NWSa.N) for $5 billion,  reported on Thursday that quarterly profit fell because of  one-time charges, while revenue rose because of strength in its  digital businesses.
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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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While digital revenues were up 41 percent from last year, Warner Music's overall profits dropped 45 percent and revenues remained stagnant.
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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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Kodak said the reductions are because of the increasing popularity of digital photography. The cutbacks are part of the three-year program Kodak announced in January to reduce its
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For the first time since they entered the marketplace, sales of digital cameras have dropped, according to market research firm IDC. In the fourth quarter of 2006, shipments fell 3 percent to 12.1 million cameras; 12.4 million were shipped in 2005.
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Software maker Adobe Systems  Inc.ADBE.O on Thursday posted a quarterly profit that rose  more than one-third from a year ago, but shares fell 3 percent  after the maker of Photoshop and Acrobat software did not raise  forecasts for fiscal 2005.
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Warner Music Group Corp on Friday  posted a fourth quarter profit helped by gains from litigation  against online music service Kazaa, but sales fell due to a  weak release schedule compared with a year ago.