Bye Bye Tosh,
As expected, electronics giant Toshiba CEO Hisao Tanaka resigned today over an accounting scandal which overstated profits by more than $1.2 billion.
StoraEnso paper
Stora Enso reported weak sales but flat profits in Q2'15. CEO K-H Sundstrom described transformation plans to cut paper capacity and investment in new growth opportunities...
Lexmark levers
Lexmark International, in spite of growth in strategic services initiatives in Q2'15 continued its downward trend in sales and profits.
Results Preview:
Today 4 tech heavyweights report Q2'15 financial reviews. We will analyse & comment later today
European IT giant DCC/Exertis suffered a revenue decline in first half of 2015 with sagging mobility sales impacting the top line.
SPOT cash:
SPOT, the toxic mix of Spicers wholesale - OfficeTeam direct, has secured a £60m ($100m) loan from Lloyds Bank for expansion into new sectors & product categories. Suspicion mounts about the vulture capitalist's real motives...
Rometty's plan
IBM reported Q2'15 results today with sales continuing to slide as it transforms itself away from legacy businesses...
Apple Watch
Analysts are 'disappointed' over low Apple Watch sales. And yet sales continue to exceed iPhone and iPad post-launch patterns. Moreover, customers are 97% delighted according to latest surveys...
Depot declutters
OfficeDepot today announced the launch of Perch by Urbio, a new line of desk accessories, When will it address core growth strategy, in the absence of Staples merger?
Amazon: Bezos
When Jeff Bezos launched Amazon in 1995, creating TV shows was far from his mind. Here he shares his customer oriented approach with Hollywood Reporter that will drive $105Bn sales in 2015
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