Struggling Kodak Still Committed to Nexpress
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Kodak is preparing itself for a potential decline of 12 percent to 18 percent in sales for 2009 due to the impact of the recessionary economy. It is forecasting a loss of $200 million to $400 million.
The company also had to beat back a financial newspaper report (later retracted) that suggested Kodak was considering divesting several assets, including its toner-based Nexpress digital printing operation.
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