Sony introduces two digital still cameras with low-light sensors
Sony Electronics Inc., San Diego, Calif., announced two Cyber-shot cameras, DSC-TX1 and DSC-WX1 models, featuring Sony’s new “Exmor R” back-illuminated CMOS sensor. The sensor offers “unprecedented advances in low-light performance with approximately twice the sensitivity of cameras with traditional image sensors,” the company says. “With these new Exmor R CMOS sensor cameras, Sony has vastly [...]
Consolidated Graphics posts first-quarter loss
Consolidated Graphics Inc. posted a first-quarter net loss of $0.31 million or $0.03 per share versus a profit of $9.6 million or $0.84 per share in the prior year period. Adjusted net loss for the quarter was $0.34 million, compared with a profit of $9.6 million in the year-ago period. Revenues for the quarter declined [...]
Target, Costco, BJ’s Wholesale report July sales declines
Target Corp., Minneapolis, Minn., reported net retail sales for the four weeks ended Aug. 1, 2009, were $4,418 million, a decrease of 3.2 percent from $4,566 million for the four weeks ended Aug. 2, 2008. On this same basis, July comparable-store sales decreased 6.5 percent. Costco Wholesale Corp., Issaquah, Wash., reported net sales of $5.41 [...]
Japan’s Kitamura launching digital camera rental services
Kitamura Co. Ltd., Japan’s largest chain of specialty photographic stores with some 1,000 locations, said it will launch the new business of renting out video cameras, digital SLR cameras and related products including interchangeable lenses, according to JPEA Photo Electro News. The new business will be launched in September at its 70 key stores in [...]
Fujifilm launches new net print service, begins printing 3-D in Japan Aug. 8
Fujifilm Holdings Inc., Tokyo, Japan, kicked off a new online print service by refreshing its site July 29, according to JPEA Photo Electro News. The new service is meant to offer an easy-to-use platform for its users to create and to order personalized photo products on the Internet. At the same time, the company unified [...]
Pentax unveils new waterproof, Optio compacts
The Optio WS80 is a new waterproof digital camera from Pentax Imaging Co., Golden, Co. The camera has a 10-megapixel CCD and a 5X internal optical zoom in a body that is less than an inch thick. It also has a 2.7-inch LCD with 230,000 dot resolution. With construction that can withstand submersion to five [...]
Leica announces high fiscal year losses
Leica Camera AG, Solms, Germany, has announced a loss of Euro 4.8 million (US-$ 6.9 million) for the fiscal year 2008/2009, which ended March 31, 2009. In the previous year, the company recorded a profit of Euro 3.0 million. Total sales of the group were Euro 156.2 million (US-$ 224.5 million), a decrease of 14.1 [...]
AmericanGreetings.com launches new services to help consumers connect from anywhere
AmericanGreetings.com, the online division of American Greetings Corp., Cleveland, Ohio, is introducing several new ways for consumers to reach more people from more places. These introductions include an e-card application for the iPhone; an original service that gives shoppers the ability to send high quality e-cards directly to Facebook accounts; and a toolbar that visitors [...]
CVS Caremark reports record 2Q 2009 results
CVS Caremark Corp., Woonsocket, R.I., announces net revenues for the second quarter of 2009, increased $3.7 billion to $24.9 billion, up from $21.1 billion during the second quarter of 2008. Earnings from continuing operations for the second quarter ended June 30, 2009, increased 8.0 percent to $889.1 million, compared with earnings from continuing operations of [...]
Nikon announces Q1 profit, but predicts larger full-year loss
Nikon Corp., Tokyo, Japan, announces an unexpected surprise quarterly profit after offsetting weak demand for its chip equipment with cost cuts, but still forecasts bigger losses this year. Operating profit was 730 million yen ($7.68 million) for the first quarter, compared to last year’s 28.7 billion yen profit. For the full financial year ending in [...]








