Facebook (FB) Analyst Ken Sena upgraded shares to "overweight," boosting the price target to $75 from $69, as Facebook monetizes its mobile initiatives and its 1 billion...
Buying Group Profiles, from March 2009 issue
Gary Yacoubian, Myer-Emco, Gaithersburg, Md.: “We were profitable, in 2007, and succeeded in places we didn’t expect to, especially with our residential networking initiatives and with custom. Of course, we were hit by declining ASPs in flat panel and the disappearance of rear projection, but we finished out the year stronger than it began. “At CES, we’re not on a search and destroy mission but rather, are looking for any interesting convergence technologies. “I feel that there’s a limit to what the economic and housing downturn can do to us. People will still be getting married, having kids, and needing to
Dealerscope: How long has Paulson’s been around? And how did your interest in this industry start? Dan Paulson: We have one store, and we’re in our 15th year. My dad, Ken, is the owner, and started in the business about 40 years ago, in TV/appliance retailing. So I’ve grown up with electronics. Dealerscope: Talk about the community of clients you serve—is it an affluent area? Paulson: It’s an affluent community—there are lots of Big Three families here (Paulson’s is near the auto manufacturing center of the U.S.). Oakland County is one of the wealthiest counties around. There’s a lot of ‘old money’ here—lots
By Janet Pinkerton OLYMPIC VALLEY, Calif.—A forest fire burned 20 miles in the distance, and the impact of an uncertain economy remained only a phone call away, but the Consumer Electronics Association's fifth annual CEO Summit gave industry manufacturing and retailing executives some needed creative downtime. This year's summit was sponsored in part by Dealerscope and other media and business companies. CEA sought to increase retail participation in the CEO Summit, held June 20-22 and attended by about 75 industry executives plus their spouses. Retail representation included executives from 800.com, Best Buy, Circuit City, Computer Renaissance, Crutchfield, Ken Crane's, NARDA, Paradyme, RadioShack, Sound