Eastman Kodak Co. said that its loss narrowed in the fourth quarter, though both of the company's segments posted a decline in net sales, the Wall Street Journal reported today. For 2014, Kodak forecast full-year revenue between $2.1 billion and $2.3 billion, and said that it expects between a $40 million loss and break-even earnings from continuing operations. The Rochester, N.Y.-based company emerged from chapter 11 restructuring in September. Kodak, which struggled as physical film was largely replaced by digital photography, filed for bankruptcy protection in January 2012, reducing its head count and shedding unprofitable business units during the process. Now the company is focused on commercial imaging.
