Reuters - Sony Corp (6758.T) slashed its annual operating profit forecast by 57 percent to far below market expectations, citing a firmer yen and tough price competition in the flat TV and digital camera markets.

AP - Eastman Kodak Co. said Thursday its third-quarter profit more than doubled, driven by sales of digital cameras and inkjet printers, but warned of a shortfall in full-year operating earnings and revenue that will likely result in targeted job cuts.