Polaroid’s earnings more than doubled in the...

Polaroid’s earnings more than doubled in the second quarter on a 29% sales gain that the company attributed in part to its new Spectra camera and Eastman Kodak’s withdrawal from the instant-photography market. Polaroid earned $24.2 million in the April-June quarter, up from $9.9 million a year earlier, the company said. The earnings gain would have been smaller except for a pretax charge of $9 million in the year-earlier quarter to cover costs associated with the company’s selective voluntary severance plan, Polaroid said.