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Tandy Corporation was an American family-owned leather -goods company based in Fort Worth, Texas, United States. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby market, making leather moccasins and coin purses, making huge ...
In 1963, Tandy Corporation acquired management control of the Radio Shack Corporation and, after two years, Charles Tandy had turned the company's $4 million loss into a profit. During that time of recovery, the Tandy Corporation purchased common stock until they owned 85% of the outstanding Radio Shack common stock. [8] In 1975, the Tandy ...
Company stock had declined 81 percent since 2010 and was trading well below book value. [90] The stock reached an all-time low on April 14, 2012. [113] [114] In September 2012, RadioShack's head office laid off 130 workers after a US$21 million quarterly loss. [115]
Model 100 line. In addition to the above, Tandy produced the TRS-80 Model 100 series of laptop computers. This series comprised the TRS-80 Model 100, Tandy 102, Tandy 200 and Tandy 600. The Model 100 was designed by the Japanese company Kyocera with software written by Microsoft.
The company then brought in former IBM and other computer industry executives in an attempt to remake the company as a leading producer of personal computers. [2] By 1989, nearly all (90 percent) of its personal computer sales were in Europe, and its stock price had fallen from a 1983 peak of $34.25 to $0.50. [2]
At the company’s Investor Day in June, Tavares cited weaknesses in at least two of its U.S. plants, but declined to name them. For more CNN news and newsletters create an account at CNN.com Show ...
LONDON (Reuters) -Stock markets around the world were on firmer ground on Thursday, continuing to recover from an early August rout, on optimism that the U.S. Federal Reserve would start to cut ...
The RadioShack TRS-80 Color Computer, later marketed as the Tandy Color Computer, is a series of home computers developed and sold by Tandy Corporation.Despite sharing a name with the earlier TRS-80, the Color Computer is a completely different system and a radical departure in design based on the Motorola 6809E processor rather than the Zilog Z80 of earlier models.