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Article: Imation Strategy Focuses on Transformation to Brand and Product Management Company.
- Article from:
- PR Newswire
- Article date:
- May 22, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Recently Announced Acquisitions Push 2007 Revenue Outlook to $2 Billion; Company Targets 10 - 15 Revenue and Earnings Compound Annual Growth over Next Five Years; Announces $100 Million 10b5-1 Stock Buy-Back Plan under Existing Authorization; Company Targets $1.41 to $1.54 in EPS for 2007 including $0.44 to $0.53 per share Restructuring Charges
NEW YORK, May 22 /PRNewswire-FirstCall/ -- Imation Corp. today unveiled its strategy of increasing its presence in the fast growing and evolving consumer storage and product arena, through brand acquisition and extensions, while keeping a solid foundation in its profitable commercial data storage tape market. Imation ...