Kodak posts loss as transition costs increase (Reuters)

by Yahoo! News: Digital Photography

The Kodak EasyShare V570 camera. Photography company Eastman Kodak on Monday posted a smaller quarterly net loss on strong demand for digital products and a tax benefit stemming from a settlement with the Internal Revenue Service. (Handout/Reuters)Reuters - Photography company Eastman Kodak Co. on Monday posted its fifth consecutive quarterly loss and said it may lose up to $1.1 billion more this year, causing Wall Street to lose patience with the slow pace of its switch to digital technology.




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