Eastman Kodak moves to 2nd Q loss as sales slide 29%

Publication date: Sun, 08/09/2009
Chicago Tribune July 30

Eastman Kodak said it lost $189M in the 2nd-Q, its 3rd consecutive quarterly deficit, as the global economic downturn hurt sales of digital cameras, film & other photography products. The results missed Wall Street expectations, & its stock fell more than 4%. The photography pioneer lost the equivalent of 70