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In This Issue

Wattles Submits Proxy Statement For Circuit City Elections
Las Vegas — Activist shareholder Mark Wattles, through his investment vehicle Wattles Capital Management, has formally submitted a proxy statement urging Circuit City stockholders to elect his four hand-picked nominees to the company’s board and remove its current directors. Read More

Electrolux Falters On Weak U.S. Majap Market
Stockholm, Sweden — The world’s No. 2 majap maker posted a first-quarter loss due to ongoing weakness in the U.S. white-goods market. Read More
TWICE Blogs
TWICE On Gaming
Last December I took the time to write about how the video game industry has so many end-of-the-year Best and Worst lists. But actually in truth the industry has lists throughout the year. Read More
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Kenwood/Garmin Launch Radio Campaign
Long Beach, Calif. — Kenwood and Garmin in May will launch a radio campaign promoting a $100 rebate on Kenwood’s in-dash navigation devices that use Garmin navigation technology. Read More

GPS, TV Place-Shifting Come To Archos PMPs
Greenwood Village, Colo. — Archos is adding navigation, place-shifting of live TV and more video-streaming options to Wi-Fi-equipped portable media players (PMPs). Read More
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hhgregg Adds Yamaha To Assortment
Indianapolis, Ind. — Multi-regional independent hhgregg has added Yamaha home theater products to its audio assortment. Read More

DXG Bows Low-Cost HD Camcorder
City of Industry, Calif. — DXG is shipping a new SD-card-based HD camcorder to dealers this month. Read More

R’Shack Q1 Sales, Profits Fall
Fort Worth, Texas — RadioShack reported lower first quarter sales and profits on weakness in its Sprint subscription wireless business. Read More

Panasonic Profits Up
Secaucus, N.J. — Panasonic’s profits rose 30 percent for its fiscal year, ending March 30, the company announced today. Read More

Atlantic Raises New Flagship In-Wall
Norwood, Mass. — Atlantic Technology upgraded its flagship THX Ultra2-certified in-wall speaker with the three-way IWTS-30, due in May at a suggested $1,250 each. Read More

Samsung, Sony To Expand 8th-Gen. LCD Production
Seoul, South Korea — Samsung Electronics and Sony said Monday they will add an additional eighth-generation amorphous TFT-LCD manufacturing line (8-2 line) at their joint venture S-LCD plant at its Tangjeong Complex. Read More
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