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citizen snips Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-30-08 02:09 PM
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83. Eastman Kodak 4Q Profit Rises
ROCHESTER, N.Y. (AP) -- Eastman Kodak Co., wrapping up a four-year digital makeover, hauled in a much higher $215 million profit in the fourth quarter, lifted by a 15 percent bump in digital sales and a jump-start in the lucrative inkjet printer market.

The photography products maker said Wednesday it earned the equivalent of 71 cents a share in the October-December quarter, up from $16 million, or 6 cents a share, a year earlier.

Sales rose 4 percent to $3.22 billion from $3.11 billion a year earlier.

Excluding one-time items of $28 million, or 9 cents a share, operating profits came to $120 million, or 40 cents a share. That was below the 52 cents a share forecast by analysts polled by Thomson Financial. But the sales topped analysts' consensus estimate of $3.1 billion.

Kodak shares, which had skidded to a 30-year low of $16.66 in mid-January, lost 85 cents, or 4.2 percent, to $19.60 in late morning trading.

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http://biz.yahoo.com/ap/080130/earns_eastman_kodak.html
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  -STOCK MARKET WATCH, Wednesday January 30 ozymandius  Jan-30-08 05:05 AM   #0 
  - Market WrapUp: All Eyes on the Fed  ozymandius   Jan-30-08 05:09 AM   #1 
  - That's a Harsh Assessment--Is He Correct?  Demeter   Jan-30-08 05:30 AM   #5 
  - Well we are the world's biggest consumer market by far  dmallind   Jan-30-08 07:47 AM   #39 
  - On the Other Hand, If the US Market Collapses, As It Appears Likely To Do  Demeter   Jan-30-08 07:54 AM   # 
  - You might want to look at US imports from Europe  dmallind   Jan-30-08 08:10 AM   #47 
     - But Europe Is Drowning In US Fraud  Demeter   Jan-30-08 08:33 AM   #48 
        - "Might" includes all possibilities so I'll agree  dmallind   Jan-30-08 09:42 AM   #52 
           - I Thought the Bush Disease Had Been Spreading Like Plague!  Demeter   Jan-30-08 09:48 AM   #53 
              - Well not in Bushland of course  dmallind   Jan-30-08 09:50 AM   #54 
  - ...  Ghost Dog   Jan-30-08 09:17 AM   #50 
     - Yes very deep and angsty, but not all that applicable  dmallind   Jan-30-08 09:39 AM   #51 
     - Morning Marketeers....  AnneD   Jan-30-08 10:04 AM   #55 
        - Morning AnneD...  Prag   Jan-30-08 10:16 AM   #58 
        - No shit (all three).  Ghost Dog   Jan-30-08 10:31 AM   #60 
        - And I'm...  AnneD   Jan-30-08 10:49 AM   #62 
           - Mayflower Families  TalkingDog   Jan-30-08 01:52 PM   #76 
              - Sweet...  AnneD   Jan-30-08 04:00 PM   #105 
        - "How the cow ate the cabbage"--one explanation  Maeve   Jan-30-08 12:14 PM   #69 
  - The problem is that the consumer market in the US will sink with it  Warpy   Jan-30-08 01:33 PM   #74 
  - CNBC guest fluffer: Corporate insiders are bullish (and he says they're mostly right)  Roland99   Jan-30-08 06:49 AM   #22 
     - Who knows? We might get a brief reprieve.  TalkingDog   Jan-30-08 07:44 AM   #38 
        - Well now... Tha was a nice little fluff piece.  Roland99   Jan-30-08 07:54 AM   #42 
        - There Are Things Even Bush and His Minions Cannot Control  Demeter   Jan-30-08 07:56 AM   #43 
  - Today's Reports  ozymandius   Jan-30-08 05:12 AM   #2 
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     - And Grossly Inflated By Bogus Estimates, as Usual  Demeter   Jan-30-08 11:41 AM   #67 
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  - Federal Reserve expected to cut rate  ozymandius   Jan-30-08 05:16 AM   #4 
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     - better analogy  kineneb   Jan-30-08 04:58 PM   #110 
  - A helpful suggestion for the Fed / Willem H. Buiter  Demeter   Jan-30-08 05:52 AM   #7 
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        - Yay! It's Fleetwood Mac day on the SMW!  Prag   Jan-30-08 11:12 AM   #63 
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  - Writedowns By European Banks  Robbien   Jan-30-08 06:48 AM   #21 
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  - FBI investigates sub-prime crisis  Ghost Dog   Jan-30-08 06:46 AM   #19 
     - I was hearing about this...  AnneD   Jan-30-08 11:18 AM   #65 
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  - Yes, I think that is increasingly, de facto, so.  Ghost Dog   Jan-30-08 06:55 AM   #24 
  - The new ASEAN group of countries  Robbien   Jan-30-08 07:17 AM   #29 
  - But, hey, good news for us then.  TalkingDog   Jan-30-08 07:27 AM   #33 
     - Reminds me of a skit Bill Cosby use to do....  AnneD   Jan-30-08 12:58 PM   #70 
        - Careful, AnneD: No flamebait allowed...  Ghost Dog   Jan-30-08 03:57 PM   #103 
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  - Just wait for the fed cut, then it will get ugly.  Roland99   Jan-30-08 07:14 AM   #26 
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  - Both great reading, DemReadingDU.  Prag   Jan-30-08 11:15 AM   #64 
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  - Ruh-roh  JNelson6563   Jan-30-08 10:08 AM   #57 
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  - Its a half point  Capn Sunshine   Jan-30-08 01:15 PM   #71 
  - How long before pundits start clamoring, "It's not enough. should have been 75bps"  Roland99   Jan-30-08 01:19 PM   #72 
  - I give it less than an hour.  Prag   Jan-30-08 01:41 PM   #75 
     - Cramer is on now  Robbien   Jan-30-08 01:55 PM   #78 
        - Wonder what his excuse will be when foreign investment screeches to a halt?  Roland99   Jan-30-08 02:35 PM   #95 
  - US stocks up sharply on aggresssive Fed move  Ghost Dog   Jan-30-08 01:57 PM   #79 
  - Dollar falls vs euro as Fed cuts rates half point  Ghost Dog   Jan-30-08 02:00 PM   #80 
  - Boeing Boosts 4Q Profit on Plane Sales  MATTMAN   Jan-30-08 02:08 PM   #81 
  - Eastman Kodak 4Q Profit Rises  MATTMAN   Jan-30-08 02:09 PM   #83 
  - Long-Term Bonds Drop As Fed Cuts Rates  MATTMAN   Jan-30-08 02:10 PM   #84 
  - Sector Glance: Gold Producers  MATTMAN   Jan-30-08 02:12 PM   #85 
  - Sector Glance: Conglomerates  MATTMAN   Jan-30-08 02:13 PM   #86 
  - Sector Glance: Utilities Rise After Cut  MATTMAN   Jan-30-08 02:14 PM   #87 
  - Gold Surges on Fed Decision  MATTMAN   Jan-30-08 02:15 PM   #88 
  - Wow.  Bushwick Bill   Jan-30-08 02:20 PM   #92 
  - Damn....  AnneD   Jan-30-08 04:10 PM   #106 
  - Sector Glance: Telecom  MATTMAN   Jan-30-08 02:17 PM   #89 
  - Sector Glance: Mortgage Insurers  MATTMAN   Jan-30-08 02:18 PM   #90 
  - Sector Glance: Oil Stocks Up on Rate Cut  MATTMAN   Jan-30-08 02:19 PM   #91 
  - Seeing US Slowdown, Mexico Cuts Growth  MATTMAN   Jan-30-08 02:20 PM   #93 
  - The rate cut party didn't last long  Robbien   Jan-30-08 03:12 PM   #96 
  - Closing numbers: Whoops-a-daisy  Roland99   Jan-30-08 03:20 PM   #97 
  - Fitch cuts FGIC (Bond Insurer) rating to AA from AAA  Roland99   Jan-30-08 03:25 PM   #98 
  - "It's not enough. should have been 75bps"  Prag   Jan-30-08 03:27 PM   #99 
     - Sorry, been being a anti-feminist feminist for the past coupla hours  TalkingDog   Jan-30-08 03:57 PM   #104 
        - Eat that...  AnneD   Jan-30-08 04:14 PM   #107 
        - Nice... Does it come as a hybrid?  Prag   Jan-30-08 04:43 PM   #109 
           - Hybrid: It runs on hot air and vitriol. I fuel it with Politicians and fumes from GD:P  TalkingDog   Jan-30-08 05:16 PM   #113 
  - *** Wanna know how spot-on we are in this here thread? ***  Roland99   Jan-30-08 05:12 PM   #112 
     - ...  Prag   Jan-31-08 08:42 AM   #114 
     - Cheers to the SMW thread!  DemReadingDU   Jan-31-08 08:52 AM   #115 
 

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