January 28, 2010

Kodak posts 1st quarterly profit in more than year (AP)

FILE - In this Jan. 27, 2009 file photo, the Kodak logo is seen on a do-it-yourself picture printing kiosk at a Target Department Store in Tallahassee, Fla. Eastman Kodak Co. posted its first quarterly profit in over a year Thursday, Jan. 28, 2010, lifted by consumer and commercial inkjet printer sales, leaner costs and royalties on digital imaging inventions. Its shares soared almost 16 percent in premarket trading.(AP Photo/Phil Coale, file)AP – Eastman Kodak Co., the remade picture-taking pioneer, broke a series of four straight quarterly losses with a $443 million profit in the last three months of 2009, sending its shares sharply higher.


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