News Articles
- May 16, 2008
LG, Samsung to Create Mobile DTV Standard
LG and Samsung said they will cooperate on a jointly developed mobile DTV broadcast system for the North American technology standard.The relationship is expected to give the resulting broadcasting system a stronger voice along other mobile video broadcast systems. The companies vowed to...
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- May 16, 2008
U.S. Builder Confidence Edges Downward in May
Home builders remained considerably downbeat as market conditions continued to erode in May, according to the NAHB/Wells Fargo Housing Market Index (HMI). The HMI fell a single point to 19, bringing it within one point of the record low 18 set in December 2007 (the series began in January of...
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- May 16, 2008
HRAI Announces New Staff Appointment
Grace Moreland was named Inside Sales Representative, Contractors Division of the Heating, Refrigeration, and Air-Conditioning Institute of Canada (HRAI). She will have responsibility for membership recruitment, retention of members, and marketing of members programs.
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- May 15, 2008
JVC, Kenwood to Merge
Victor Company of Japan (JVC) and Kenwood announced they will merge under a holding company on Oct. 1, pending stockholder approval. The deal would establish JVC Kenwood Holdings, Inc. through a share transfer and it is subject to the approval of their respective general shareholders’...
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- May 15, 2008
Sony Reports 4Q Profit
For the fiscal fourth quarter 2008, Sony posted a profit of 29 billion yen (approx. $277 million), a reversal from a loss of 67.6 billion yen in the same period last year. For the financial year through March, Sony earned a profit of 369.4 billion yen ($3.5 billion), a record for the company....
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