GLG News by Lexmark Printer Experts

Kodak recently reported an after tax lost of $135M (or 42 cents per share), however, on Friday the firm restated the loss to $152M (or 53 cents per share).  While the firm indicated that these changes are due to health care costs and post-retirement benefit increases, and not due to operating results,...

VistaPrint (VPRT) is on a roll. After turning in very solid earnings for Q4 (ending June 31st), the firm announced an agreement with OfficeMax to extend their unique printing model to one of the largest Office Supply Store chains in the United States. This is a very key step in expanding VistaPrint’s...

-With little or no viable indicators that the US economy will rebound in the back half of FY 2007, OfficeMax faces tremendous pressure to quickly "right the ship" in its contract segment which is currently negating gains being made in its retail same store comps. -Weakness in contract further highlights...

1)After a record setting year in 2006, Office Depot finds itself in a most precarious earnings position for full year 2007. 2)Continued pressure will fall on expense reduction if the all important Back To School season does not play out well for ODP. 3)Competitive growth in new store planned openings...

Point one is that Ebay is in financial trouble. The second point is that some of it could have been avoided. The third is - the problem can be partially resolved, but it will take time, money, and will loose Ebay some of its "charm."

Friday 7/27/07, Lexmark announced that Paul Rooke, formerly President of the "Business Printer Division" would assume the role of President of the Consumer Printer Division. Marty Canning is taking over the Business Printer Division. After Lexmark's 2nd quarter earnings announcement some type of action...

Lexmark is actually two very distinct companies.  A highly profitable laser printer business which dominates the market for vertically focused printing applications in large enterprizes, and, an unprofitable inkjet division selling to consumers via retail. Those who are truly knowledgeable...

ESA has pitched it about right, calling it a Media and Business Summit but one suspects most of the business that got done was also media-related.

The change to E3 has absolutely had an impact on the industry and it is for sure a major change. Change that will require the process to evolve. Some industry endemics love the change, others, not so much. Regardless, the industry is not going to die because of this change.

At a time when technology in TV's, home theatre, CPU's, printers, cell phones and personal electronics as at optimum levels and consumer demand for having well-trained, savvy associates is an absolute prerequisite for assisting the buying decision, Circuit City has gone in the opposite direction through...