Kodak develops a Wall St. buzz

An Eastman Kodak news release saying the giant photographic, chemicals and health products giant would make a significant announcement this morning set off a round of guessing and speculation Thursday on Wall Street.

Analysts said the usual talk is making the rounds, including the naming of a new chief financial officer, more restructuring news or some other management changes.

Smith Barney Harris Upham analyst Peter Enderlin’s best guess: the appointment of a new chief financial officer.

The former finance head, Christopher Steffen, resigned in late April after clashing with Kodak chairman Kay Whitmore.

Kodak shares gained 3/8, or 0.7%, to 55 3/8 in quiet trading Thursday.

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