NEW YORK (Standard&Poor's) April 23, 2008--Standard&Poor's Ratings Services today said it revised its outlook on Eastman Kodak Co. to stable from negative. At the same time, we affirmed the ratings, including the 'B+' corporate credit rating. "The outlook change reflects our opinion that a near-term downgrade is unlikely," explained Standard&Poor's credit analyst Tulip Lim. Kodak has substantial liquid resources. Additionally, we believe that absent significant acquisitions or sharp earnings deterioration, leverage is not likely to increase in the near-term. We also expect that the company's discretionary cash flow generation will improve this year because it will be making less cash restructuring payments than it did last year. We believe that Kodak may be starting
