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Six months after the failed tilt at HP, activist investor Carl Icahn has bought another 1.8 million Xerox shares at an average price of USD$16.31, and sold out of HP.

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After 15 years with HP, many of which were spent abroad in various senior executive roles, Rob Mesaros - most recently HP's Head of 3D Printing & Digital Manufacturing for Asia Pacific & Japan - has joined Currie Group in Melbourne in the newly created position of Strategic Executive Advisor. 

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“With so many UV Inkjet presses already installed in Australia, we needed to find a UV Inkjet press that would make us stand out from the competition,” says James Malone, CEO of Melbourne’s Action Labels & Nameplates.

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Never before has it been such a pleasure to report the latest results of a survey on industry conditions. WFOL, in association with Ascent Partners, is delighted to relay that respondents have indicated that the Covid-19 damage to the Wide format Sign & Display sector is not as bad as first thought and that 'downturn predictions' have eased a little. Our sincere thanks to all who took part in this survey.

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Originally slated to be held in April in Austin, Texas, and then rescheduled to August, the SGIA & NAPCO Wide-format Summit is now going virtual for 2020 and will be held on Sept. 14, 15, 17, and 22. Major sponsors include HP, Fujifilm, Canon, EFI, Durst, Ricoh, Roland, Memjet, Summa, Fisher Textiles, tilia labs and swissqprint.

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Nazdar Ink Technologies says its new 565 Series inkjet inks - ideal for banner material, flexible and pressure-sensitive vinyl, blue back paper and backed mesh - have been designed specifically for use in Oki Colorpainter M-64s inkjet printers using Oki SX IP6 inks.

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SIGN CHINA 2020, Shanghai from 17-19 September, will go ahead as both a physical and virtual trade fair. International travel restrictions due to Covid-19 mean that visitor numbers on the ground will be down, but live webcasts, interactive chats with exhibiting personnel and online product searches will enable virtual visitors to get maximum value over the show's 3 days - and before.

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“Although the performance of some of our business was significantly affected under the COVID-19 pandemic, we have minimized the negative impacts," the company said. 

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The ACCC’s Scamwatch has received a “staggering” 24,000 reports of stolen personal information this year alone, an increase of 55% compared with the same time last year. The ACCC has launched a podcast series for this year’s National Scams Awareness Week to provide Australians with tips on how to protect their personal and financial details.

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“There’s no doubt there’s a few challenges around in the market at the moment but if you stop and look at what’s going on, there’s so much opportunity out there too,” says Tony Bertrand, national marketing manager for Ball & Doggett in this week’s B&D Reset webinar.

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HP’s global users conference Dscoop Edge has been rescheduled to May 16 -18, 2021 in St. Louis, Missouri, and online, following the postponement of Edge Orlando 2020 that was to have taken place in March. “Due to COVID-19, we are excited to bring you the rescheduled event, Dscoop Edge Fusion,” HP said. “Edge Fusion will be a smart blend of in-person and online activities, live and livestreamed, for a global hybrid experience.”

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The Real Media Collective (TRMC) accused Coles Supermarkets of “using the environment” as an excuse for switching from printed to digital catalogues – a move that’s expected to cost printer IVE Group between $35-$40 million.

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Digital textile printing technology manufacturer Kornit Digital says the acquisition of UK-based global software firm Custom Gateway expands its cloud software workflow portfolio for on-demand apparel and home décor production.

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The Trump administration's decision to entrust USD$765 million of taxpayer money to Eastman Kodak has raised several questions about the financial vetting of the inkjet printer and plate company, amid an investigation into potential insider trading.

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Fairview Architectural administrators Grant Thornton have formerly received a DOCA proposal from FVA Group - staffed by former management of Fairview Architectural, under which creditors will be paid in full and all 52 jobs preserved. At least ten other concerns are expected to tender their offers. If any one exceeds the FVA Group offer, sources indicate what is known as an 'Embarassment Clause' can be invoked, giving FVA Group the opportunity to increase its offer.

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The 3M Digital Graphics range includes films, laminates and wraps for multiple applications including signs, display, vehicles, floors, windows, buildings, walls and reflective films. Stocks are now available in all of Starleaton’s seven warehouse locations across Australia. 

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Grant Thornton, voluntary administrator of Fairview Architectural - a leading supplier of ACM panels for Signage and Architectural use - has filed a report with the Federal Court and requested an extension of until October 13^th for the ‘convening meeting’. A second meeting of creditors will take place on August 25^th to vote on this.

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Screen GP Australia’s new Truepress Jet520HD mono, the latest addition to its Truepress Jet520HD series of high-speed roll-fed inkjet presses, is a specialized model for monochrome printing. 

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Roland DG Australia has launched a new section on the company’s website that is designed to assist customers with creating Covid-19 related signage. Free social distancing signage templates can be downloaded. “There has never been a better time to offer these signage services or to consider bringing the production in-house."

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 Net media revenue for the Out of Home (OOH) industry in the half-year was $289.1 million, down $158.2 million or 35.4% from $447.3 million for the same period in 2019.

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The Signage and Wide format industry survey, in association with Ascent Partners, on the state and future of the sector will close off and share the results after Friday this week. We really value your input for the benefit of all industry participants. Just follow the link below - it won't take long.