Colombo DiSalvatore business highlight topic today is on Kodak. Photography company Eastman Kodak Co. on Thursday said posted a net profit versus a year-ago loss, boosted by a gain from the sale of its health imaging unit. Kodak said its net profit was $592 million, or $2.06 cents a share, compared with a year-earlier loss of $282 million, or 98 cents a share. Revenue fell to $2.51 billion from $2.69 billion. Since late 2003, Kodak has focused on digital devices, hoping to outpace the drop in demand for film, historically its main revenue source. At the same time, it is reducing costs by cutting some 30,000 jobs and trimming manufacturing.
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