FujiFilm Pops on New Product Introductions at the Consumer Electronics Show

Japanese camera maker, FujiFilm, was one of the best performers on the day today in Asia as it gained 3.8% even amid a broad decline in Japanese shares. The catalyst was clearly its new product offerings just announced at the ongoing Consumer Electronics Show in Las Vegas this week. The company will begin selling four new cameras this spring that range from a professional weather resistant model with super-high resolution to amateur point shoot models and the new lineup is expected to boost sales. It seems the stock caught wind of the likely sales improvement awhile back as the trend has clearly changed from negative to positive.