Tag: Company
GoPro Sells $200 Million Stake to Foxconn – Hon Hai Precision
San Mateo, CA—Hon Hai Precision Industry Co., Ltd. (also known as Foxconn), among the world’s largest electronics manufacturing companies, acquired an 8.88% full-diluted stake...
Best Buy Appoints New Chief Administrative Officer & Chief Financial Officer
Richfield, MN—Best Buy Co. announced that Sharon McCollam, the retired director, executive vice president, chief operating and chief financial officer of Williams-Sonoma, Inc., joined...
Leica Camera Promotes Vice President, Marketing and Corporate Retail
Allendale, NJ—Leica Camera promoted Roland Wolff to vice president of Marketing and Corporate Retail, effective immediately. The announcement was made by Roger Horn, president...
Ritz Camera & Image Files for Chapter 11 Bankruptcy Protection
Beltsville, MD—Ritz Camera & Image, among the nation’s largest photography retail chains, filed again for Chapter 11 bankruptcy protection, not three years after emerging...
Sony Reported to Be in Final Talks to Buy 10% Stake...
Tokyo, Japan—Following months of rumors regarding potential investors for financially beleaguered Olympus Corp., it’s now reported that Sony is in the final stages of...
Matan Digital Printers Unveils New Branding
Williamsville, NY—Celebrating its 20th anniversary this year, Israel-based wide-format printer manufacturer Matan Digital Printers introduced a new brand identity. Matan's new branding reflects the...
Best Buy to Close 50 U.S. Big Box Stores by Year’s...
Richfield, MN—Best Buy plans to close 50 U.S. stores as part of a number of key initiatives for 2012. To date, they have closed...
Seven Arrests Made in Olympus Financial Scandal
Tokyo, Japan—Plagued by leadership woes and financial uncertainty since it fired its CEO/president, Michael C. Woodford, last October after he brought to light $1.5...
Olympus to Select New Management for Shareholders to Approve in April
Tokyo, Japan—Having posted a quarterly loss and predicting a loss for the year, scandal-ridden Olympus Corporation announced it will put in place the names...
Micron Technology Announces Retirement of Durcan as President and COO
Boise, ID—Micron Technology, parent company of Lexar, announced that D. Mark Durcan, president and chief operating officer, will be retiring at the completion of...
