MT Picture Display Corp., the Matsushita-Toshiba CRT joint venture, pared 25 salaried positions from its Troy, O., CRT plant, amid a 20% drop in tube prices. The job cut leaves the factory, which operates 5 production lines, with 217 salaried and slightly more than 1,000 hourly workers. Matsushita and Toshiba merged tube operations last year to form MT and trimmed 250 salaried and hourly positions at a CRT plant in Horseheads, N.Y., in Dec.
Take-Two Interactive’s Mafia for PS2 was once again the top- rented videogame in the U.S., Rentrak said its preliminary Home Video Essentials data for the week ended Feb. 22 showed Thurs. The game earned $346,392 in its 4th week of availability, boosting earnings to date to $1.03 million. Take-Two’s Manhunt - - for PS2, like every other game in the top 10 once again -- was at #9 (up one) in its 14th week, earning $131,190, for $2.59 million to date. Activision once again had 2 titles in the top 10: True Crime: Streets of L.A. at #5 (down one, 16th week, $198,944, for $4.77 million to date) and Tony Hawk’s Underground at #6 (down one, 17th week, $155,827, for $4.89 million). Rounding out the top 10 were Sony Computer Entertainment’s SOCOM II: U.S. Navy SEALs at #8 again in its 16th week ($135,353, total of $3.69 million) and Atari’s Dragon Ball Z: Budokai 2 at #10 (down 3, 12th week, $124,077, total $2.67 million).
In its first full week of availability, Fox Home Entertainment’s Runaway Jury was the #1-rented title on DVD and VHS in the U.S., Rentrak’s preliminary Home Video Essentials data for the week ended Feb. 22 showed Thurs. Rentrak said the title earned $8.12 million in the week, for $8.23 million to date. On DVD alone, the title earned $6.26 million, for a total of $6.34 million. Runaway Jury knocked Columbia TriStar’s Radio out of the top spot to #2 in its 4th week. Rentrak said Radio earned $4.51 million on DVD and VHS for $28.26 million to date. On DVD alone, it earned $3.36 million for a total of $21.59 million. The only other new title in the top 10 was Paramount’s comedy Dickie Roberts: Former Child Star at #3, earning $4.42 million, and $4.46 million to date. On DVD it earned $3.72 million, for a total of $3.74 million.
In the February 19, 2004 Federal Register, the International Trade Administration (ITA) issued a notice terminating the antidumping (AD) duty investigation of certain processed hazelnuts from Turkey.
The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
The International Trade Administration (ITA) has issued a notice stating that at the request of the petitioner, International Imaging Materials, Inc., the ITA is postponing its final antidumping (AD) duty determination on wax and wax/resin thermal transfer ribbons from South Korea until no later than March 22, 2004 (from February 29, 2004).
(a) Hang Lung continues to have a preliminary de minimis AD rate of 0.12%
(a) preliminary de minimis rate
Audiovox’s move to sell a controlling stake in its wireless unit to S. Korea’s Curitel Communications appears to sharpen further its focus on its growing CE business. Audiovox said late last week that it had signed a preliminary letter of intent to sell a stake in Audiovox Communications Corp. (ACC) to Curitel, Korea’s 3rd-largest mobile phone maker. Terms weren’t released and an Audiovox spokesman declined further comment.
In its 3rd full week of availability, Columbia TriStar’s Radio was again the #1-rented DVD and VHS title in the U.S., Rentrak’s preliminary Home Video Essentials data for the week ended Feb. 15 showed Thurs. Rentrak said the title earned $6.68 million for the week on DVD and VHS for $23.75 million to date. It said the movie earned $5.13 million on DVD alone in the week for $18.23 million to date. The only 2 new movies in the top 10 were Universal’s Intolerable Cruelty at #3 and Columbia TriStar’s In the Cut at #10. Rentrak said Intolerable Cruelty earned $5.78 million in its first full week of availability on DVD and VHS for a total of $5.85 million, while In the Cut earned $2.96 million for $2.99 million to date.