Kodak posts wider 1Q loss, suspends dividend (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 says its loss widened to $353 million in the first quarter on plunging sales and restructuring charges. (AP Photo/Phil Coale, file)AP – Eastman Kodak Co. scrapped its dividend and trimmed the salaries of top executives Thursday, blaming the global economic downturn for a wider first-quarter loss and sliding sales of digital cameras and other photography products. Its stock fell 15 percent.

Share

Related posts:

  1. Eastman Kodak posts 2Q loss, sales and shares drop (AP) AP - Eastman Kodak Co. said Thursday it lost $189...
  2. Kodak posts fourth straight quarterly loss (AP) AP - Eastman Kodak Co. lost money for a fourth...
  3. Kodak posts wider-than-expected quarterly loss (Reuters) Reuters - Eastman Kodak Co posted a bigger-than-expected quarterly loss...
  4. Kodak posts narrower 1Q loss, sales edge up (AP) AP - Eastman Kodak Co. said Thursday its first-quarter loss...
  5. Kodak posts 4Q loss, plans up to 4,500 job cuts (AP) AP - The digital revolution did away with 40,000 jobs...