NEW YORK (CNN/Money) - Eastman Kodak's announcement of a 20 percent staff reduction and up to $1.7 billion in charges will draw Wall Street's attention Thursday, as investors also consider earnings from Ford Motor and AT&T as well as the jobless claims and leading indicators reports.

At 8:31 a.m. ET, futures pointed to a mixed start for the major indexes.

Kodak (EK: Research, Estimates) said early Thursday that it will cut 20 percent of its work force, between 12,000 and 15,000 jobs, and take between $1.3 billion and $1.7 billion in charges over the next three years. The company, which is in the process of shifting to printer and digital photo services from its traditional developing business, posted an operating profit of 70 cents a share, up from 65 cents a year earlier and above the 51-cent consensus of analysts surveyed by First Call.

Ford (F: Research, Estimates), the No. 2 automaker, posted operating earnings of 31 cents a share, above the estimate of 28 cents a share.

Among U.S. stocks trading in Europe, Ford was more than 1 percent higher.

AT&T (T: Research, Estimates), the long-distance service provider, posted income of 43 cents a share, compared with a loss of 79 cents in the 2002 period. The figure topped estimates.

Also before the open, the government said weekly jobless claims came in at 341,000 for the week ended Jan. 17 from a revised 342,000 a week earlier

Economists surveyed by Briefing.com expected the number to rise to 345,000.

For details of Wednesday's mixed session, click above

After trading begins, the Conference Board issues its index of leading indicators for December. It's seen rising 0.2 percent, after a 0.3 percent gain in November.

The Dow Jones industrial average starts the day at a 22-month high after rising 0.9 percent Wednesday. The Nasdaq composite index was down by about a quarter percent (see chart for details).

Tokyo stocks were little changed, with the Nikkei index just to the downside of breakeven; several Asian markets were closed for the lunar new year celebration. European stocks were mixed in early trading. (Check the latest on world markets)

Treasury prices rose in early trading, sending the 10-year note yield down to 4.01 percent from 4.02 percent late Wednesday. The dollar continued its tumble against the euro and yen.

Brent oil futures rallied 22 cents to $31.08 a barrel in London, where gold rose.