Kodak shares sink 22% on big loss, job cuts
January 29, 2009 at 10:41 AM EST
SAN FRANCISCO (MarketWatch) -- Eastman Kodak Co. shares fell 22% Thursday after the company swung to a big loss in the fourth quarter, bruised by slumping sales of its digital cameras and other photography equipment, and said it will cut up to 4,500 jobs.
