New York, NY -- (ReleaseWire) -- 05/01/2013 --Lot78 (OTC:LOTE) has seen a significant growth in its on-line store. Ollie Amhurst, President of Lot78, Inc. said “People from many different markets can access our products 24 hours a day from anywhere in the world. We believe the on-line purchasing option will be a big part of our revenue growth model going forward and is especially attractive for our brand. Even though our e commerce capability is in the early stages we have already experienced a great deal of interest and expect this to gain momentum throughout the coming quarters.”
Lot78, Inc. offers design, marketing, distribution, and sale of urban apparel, retailing in six continents, including North America, Europe, Asia, Australia, Africa, and South America.
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Eastman Kodak Company (OTC:EKDKQ) reported $283 million in consolidated net earnings in the first quarter of 2013, compared to a $366 million loss in the prior-year quarter. The profitable quarter reflects improved results of the Commercial Imaging segments and includes a $535 million gain recorded on the sale of Kodak’s digital imaging patent portfolio, partially offset by a $77 million non-cash goodwill impairment charge related to the patent sale.
Both of the company’s Commercial Imaging segments recorded significant improvements in segment earnings. The Digital Printing and Enterprise (DPE) segment reported a segment loss of $8 million for the quarter, an improvement of $81 million from the $89 million segment loss in the prior year quarter.
Eastman Kodak Company engages in commercial imaging business.
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