« Kodak posts lower 2Q profit, revises outlook | Main | All-in-One Printers target wireless offices. »

August 01, 2008

Eastman Kodak posts lower second-quarter profit, revises outlook

ROCHESTER, N.Y. - Eastman Kodak Co. said Thursday its second-quarter profit fell 14 per cent as digital inkjet-printer investments and higher costs for raw materials offset a hefty tax settlement gain. It also warned that full-year operating earnings will come in at the lower end of its previous forecast, sending its already depressed stock down more than seven per

From Eastman Kodak posts lower second-quarter profit, revises outlook

Posted by Perry at August 1, 2008 12:40 PM