Eastman Kodak Co. (NYSE: EK) swung to a loss for the fourth quarter of 51 cents per share compared with earnings of 75 cents per shares last year and will cut up to 4,500 positions as sales plummeted. The stock price plunged $2.08 to close at $4.99.
Kodak Swings To Loss
January 29, 2009 at 18:11 PM EST