The investment community remains unconvinced that new Sony Corp. CEO Kaz Harai is making meaningful headway in turning around the financial performance at the struggling tech manufacturer. And now Reuters is reporting out of Tokyo that credit rating agency Moody’s … Continue reading
Much has been written about the impact of Hurricane Sandy on the entire East Coast of the United States – particularly in the coastal areas of the New York/New Jersey/Connecticut metropolitan areas. Homes were damaged and destroyed with press reports … Continue reading
Savant Systems, LLC has selected Southeastern Sales Associates, Inc. (SESales) as their sales representatives for the southeastern region. Focusing on the custom integration business, SESales will represent the home automation brand to those installers and dealers in the states of … Continue reading
Thunderball Marketing, Inc., an Avenel, NJ-based distributor of consumer electronics and pro-DJ equipment was hit hard by hurricane Sandy last week, with facilities losing power and two co-located warehouses subjected to a shocking level of water damage. Thunderball’s Alan Henslovitz … Continue reading
Consumer Reports, that venerable organization known for torture testing products, ranking their results, and offering advice to consumers on how to pick the right product for them, announced on Thursday their picks for the Top Ten Electronics products for 2012. … Continue reading
Looking for more “green shoots” of economic recovery? The Conference Board released the latest data from their Consumer Confidence Index showing another monthly increase (it increased in September as well) in the overall level of confidence that consumers have in … Continue reading
Last week, we reported on a rumor out of Japan that Sharp Corp. was about to report a dismal interim net loss that was much worse than anticipated. This Wednesday, Sharp confirmed those rumors announcing an interim (Apr-Sept) operating loss … Continue reading
The appearance of Hurricane Sandy was no surprise – her arrival had been predicted for days. And most area residents took the weather service’s warnings about the storm seriously, as witnessed by the empty grocery store shelves and long gas … Continue reading
BREAKING NEWS… After the close of the market today, Best Buy warned Wall Street that its third quarter earnings and same-store sales will be significantly below the same quarter last year. The company also announced that head of U.S. business … Continue reading
The Nikkei reported today that it has learned from unnamed sources that Sharp Corp. is about to report a surprising interim net loss of ¥400 billion (just over $5 billion). Covering the period of their April-through-September fiscal (interim) semester, this … Continue reading