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BUSINESS BRIEFS.(TO THE POINT)
FINANCE
Morgan Stanley dispute deepens
Shareholders and former senior execs of the investment bank, broker and lender pushed the board to replace CEO Philip Purcell with Robert Scott, a former chief operating officer and chief financial officer at Morgan Stanley, where he worked 33 years. The investors have been waging a public battle vs. Purcell after he ousted several senior execs and replaced them with two managers seen as loyalists, who were quickly named to the board. Shares fell 3% to 56.45.
RETAIL
Critical report hits Sharper Image
The electronics retailer fell 8.5% to 14.32 after Consumer Reports magazine ran an article saying Sharper Image's Ionic Breeze Quadra Silent Air Purifier and 4 similar devices failed to significantly clean the air and also released potentially unhealthy levels of ozone. Two months earlier, Sharper Image paid Consumer Report's publisher $525,000 in legal costs after a judge dismissed a libel suit over earlier articles critical of the machine. Sharper Image has sold more than 2 mil of the $350 units.
** Burlington Coat Factory will ...
- Banks' losses could put $900 billion squeeze on consumers.(USA)(Sharper Image...
- Newspaper article from: The Christian Science Monitor Trumbull, Mark March 5, 2008 700+ words
...Science Monitor The retailer Sharper Image offers a stark image of how the...Goldman Sachs, David Greenlaw of Morgan Stanley, Anil Kashyap of the University...faltering revenues, such as Sharper Image, deserve more credit. The losses...
- Sharper Image Signs Five New Licensees.
- Press release article from: Business Wire October 23, 2007 700+ words
...Rilliant Systems, Inc. SAN FRANCISCO -- Sharper Image Corporation (NASDAQ: SHRP) today announced...agreements make a total of eight licenses for Sharper Image's Brand Licensing Division. Sharper Image announced in February 2007 that it had...
- Sharper Image and OfficeMax Announce Licensing Partnership.
- Press release article from: Business Wire March 29, 2007 700+ words
First licensing agreement for Sharper Image's Brand Licensing Division OfficeMax to offer Sharper Image Office([R]) home office furniture...FRANCISCO & NAPERVILLE, Ill. -- Sharper Image Corporation (NASDAQ: SHRP) today...
- Sharper Image and MerchSource Sign Licensing Partnership.
- Press release article from: Business Wire June 14, 2007 700+ words
...Products SAN FRANCISCO -- Sharper Image Corporation (NASDAQ:SHRP...the second license signed by Sharper Image's Brand Licensing Division...agreement, MerchSource will offer Sharper Image branded electronic and gift...
- Sharper Image Reports Record Business-to-Business Sales in Fiscal 2000.
- Press release article from: Business Wire March 1, 2001 700+ words
...FRANCISCO--(BUSINESS WIRE)--March 1, 2001 Sharper Image Corporation (Nasdaq:SHRP) reported record...an increase of 27% for its two B2B units, Sharper Image Rewards and Sharper Image Wholesale. Sharper Image Rewards, Sharper...
- Sharper Image Creates Brand Licensing Division.
- Press release article from: Business Wire February 12, 2007 700+ words
...to Head Division SAN FRANCISCO -- Sharper Image Corporation (NASDAQ: SHRP) today...licensing division that will license The Sharper Image brand to leading manufacturers and...including patents and trademarks. Sharper Image will license unique, innovative items...
- Sharper Image Selects Empirix to Test Its Web Applications in Prepration for...
- Press release article from: Business Wire July 25, 2005 700+ words
...announced today specialty retailer Sharper Image has again selected Empirix's hosted...shopping season. eLoadExpert allows Sharper Image to ensure that its customers have the...optimal performance. The Internet is Sharper Image's fastest growing sales channel...
- Sharper Image Launches Online Shopping ``Galleria''.
- Press release article from: Business Wire July 24, 2001 700+ words
...BUSINESS WIRE)--July 24, 2001 Sharper Image Corporation (Nasdaq:SHRP) today announced the launch of its Sharper Image "Galleria," a collection of...from leading online retailers. Sharper Image customers will earn a 5% reward...
- Sharper Image to launch division for women. (retailer specializing in menswear...
- Magazine article from: San Francisco Business Times Carlsen, Clifford January 6, 1995 700+ words
...drive Spa sales to $10 million in '95 Sharper Image Inc., building on the strength of...to introduce a line of stores called Sharper Image Spa that will specialize in products...annual sales the company reaps from its Sharper Image stores. The company, which expects...
- Sharper Image E-Commerce Site Receives Perfect Ranking for Business Model and...
- Press release article from: Business Wire March 27, 2001 700+ words
...BUSINESS WIRE)--March 27, 2001 Sharper Image Corporation (Nasdaq:SHRP) was recently...support through multiple touch points "Sharper Image is considered well positioned for 2001...simultaneously is not an easy task, but The Sharper Image has done an impressive job in each...