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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, the Associated Press reported. It is forecasting a loss of $200 million to $400 million. The company will be relying on cash generated by high-margin products, such as digital cameras and retailer kiosks.
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- Companies:
- Eastman Kodak Co.
- People:
- Antonio Perez
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