On December 4, 2008, Costco announced November sales results. For the four weeks that ended November 30, 2008, net sales decreased 3% Y/Y from $5.72 billion in 2007 to $5.55 billion in 2008. For the first thirteen weeks ended November 30, 2008, Costco’s net sales increased 3% Y/Y from $16.98 billion in 2007 to $17.52 [...]

Teco Electric & Machinery will invest US$20 million in Syntax-Brillian. Teco is an appliance manufacturer based in Taiwan and Syntax-Brillian is a US-based TV manufacturer. With the $20 million, Teco will own 3.5% equity share in Syntax-Brillian. Another stakeholder is Kolin, also Taiwan-based, that holds 7% of Syntax-Brillian. Kolin is the integrator that makes the [...]