At this time of year, when Americans step on the post-holiday scale and wince, they often end up calling on weight loss companies to help them return to their svelte […]
Austin, Texas-based EZCORP filed documents with the SEC announcing a series of changes. Gone are former CEO Paul Rothamel and several directors. EVP and CFO Mark Kuchenrither was named acting president and CEO. He joined EZCORP in 2010 from Sun Capital Partners and was promoted to additional positions through the years. Former Merrill Lynch M&A specialist Lachlan Given, previously a consultant to EZCORP, was elected to the board as chairman.
July 21, 2014
In an update last week, D&B Editor Tracey Panek discussed how the oil and gas industry is greasing the wheels for infrastructure construction contractor MasTec’s success. The company reported 2013 revenue of $4.3 billion, up 16% year-over-year, primarily powered by new business from the oil and gas industry. MasTec believes it is well-positioned for what it anticipates will be increased demand for natural gas pipelines and plants and alternative energy projects. Acquisitions in recent years have also supported this oil and gas focus, including 2014′s purchase of Canadian infrastructure contractor Pacer Construction.
July 21, 2014
Citing declining demand, Samsung SDI plans to shut down its plasma TV display business by November 2014, according to Reuters. Samsung’s decision mirrors that of Panasonic, which announced its intention to cease plasma display production late last year. LG Electronics is also expected to exit the plasma market. While many experts believe plasma-based devices offer better picture quality than TVs with liquid crystal displays (LCDs), LCDs have been more popular with consumers. LCD advantages include larger screens, greater energy efficiency and brightness, and a thinner, lighter form factor. See more trends in our Audio & Video Equipment Manufacturing profile.