Kodak May Cut Losing Businesses
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If Eastman Kodak Co. focused just on packaging printing, inkjet printing and print industry workflow software, it might be healthy and growing. Those lines of business were among the few bright spots in what was otherwise a struggling 2010 for the photo and imaging company. Kodak plans to shed some of its less successful operations this year, CEO Antonio M. Perez said Wednesday.
“What you will see is a very aggressive strategy in abandoning segments that are not profitable and staying on the segments where we can make money,” Perez told Wall Street analysts in a conference call.
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