With only $600 million of the companies $5 billion in sales coming from broadcasting, it's no wonder their transmitter and studio offerings are far behind everyone else. Time for that Nautel transmitter or Evolution series consoles. It's time for Harris to go and stop blinding broadcasters that their options are realistic.
http://www.rbr.com/media-news/wall-street/harris_vows_to_stay_independent.html
=====
The stock price of Harris Corp. took a dive yesterday as the electronics equipment maker said it was not interested in pursuing a sale or merger. The Wall Street Journal reported that bids for the company came in below expectations. Harris is a major broadcast equipment maker, although that business is now dwarfed by some of its other technology lines.
[EDIT]
"We believe our focus on continuing growth through the introduction of industry-leading new products, expansion of addressable markets, development of new capabilities, international expansion, and strategic acquisitions will deliver significant value going forward for our customers, shareholders and business partners as we have demonstrated in the past," Lance added.
[EDIT]
*EDIT-truncated because citation exceeds fair use standards. In the future please provide a URL (if possible) to the source and paraphrase the content that exceeds fair use.
The content of the post is copyrighted and unauthorized use is a violation of our terms of our terms of service]
http://www.rbr.com/media-news/wall-street/harris_vows_to_stay_independent.html
=====
The stock price of Harris Corp. took a dive yesterday as the electronics equipment maker said it was not interested in pursuing a sale or merger. The Wall Street Journal reported that bids for the company came in below expectations. Harris is a major broadcast equipment maker, although that business is now dwarfed by some of its other technology lines.
[EDIT]
"We believe our focus on continuing growth through the introduction of industry-leading new products, expansion of addressable markets, development of new capabilities, international expansion, and strategic acquisitions will deliver significant value going forward for our customers, shareholders and business partners as we have demonstrated in the past," Lance added.
[EDIT]
*EDIT-truncated because citation exceeds fair use standards. In the future please provide a URL (if possible) to the source and paraphrase the content that exceeds fair use.
The content of the post is copyrighted and unauthorized use is a violation of our terms of our terms of service]