*NEWS*KODAK’S PROFITS FALL !

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*NEWS*KODAK’S PROFITS FALL !

 user 2003-10-23 at 10:53:00 am Views: 91
  • #7844

    KODAK PROFIT FALLS, CEO DEFENDS STRATEGY

    Eastman Kodak Co. on Wednesday posted a 63 percent drop in third-quarter earnings and defended its plan to shift away from its declining film business and into digital pictures despite an outcry from disgruntled investors.

    Rochester, New York-based Kodak, the world’s top maker of photographic film, which last month announced a dramatic strategy shift toward digital printing and away from traditional film, said profit in its key photography and health imaging segments fell, despite sales gains.   color=#0000ffRead More