AP - Canon Inc. reported a 16 percent jump in quarterly profit and record annual earnings for the seventh straight year amid strong sales of its digital cameras, copiers and printers.

Reuters - Canon Inc. said on Monday it expects profit to rise 8.2 percent this year on robust sales of digital cameras and color copiers, but the forecast was below the market consensus and growth is expected to slow from 2006, when it benefited from a weaker yen.

AP - Eastman Kodak Co. is selling its health-imaging business, created after the discovery of X-rays in 1895, to Canadian investment firm Onex Corp. for up to $2.55 billion as the picture-taking pioneer bets its future on digital photography and commercial printing.

Reuters - Eastman Kodak Co. said on Wednesday it will sell its medical imaging business to a unit of Canada's Onex Corp. for up to $2.55 billion, a key step in the photography company's strategy to focus on digital products and services.

Reuters - Online photo site Shutterfly Inc. said on Monday that Chairman Jim Clark, co-founder of Web pioneer Netscape Communications, had resigned, saying securities regulations had "gone too far."