Fastsigns hosts contest for makeover

Fastsigns hosts contest for makeover

boardman

Fastsigns, a graphics, visual-communications and sign company in Boardman, is hosting its third “Metamorphosign” contest.

The program takes place online and provides businesses and organizations with an opportunity to win one of three visual- communications makeovers.

Up to $10,000 will be awarded to a traditional brick-and-mortar business, up to $5,000 will be awarded to a nonprofit organization and up to $5,000 will be awarded to a vehicle-based business.

Such businesses and organizations can go to www.metamorphosign.com to learn more or upload a “before” photo and explain in 250 words or less why they need a transformation. The makeover submission entry period ends June 28.

Wal-Mart plans $15B stock buyback

FAYETTEVILLE, Ark.

Wal-Mart’s biggest news at its annual meeting Friday was that the world’s largest retailer will repurchase up to $15 billion of its shares at a time when the behemoth faces increased scrutiny from investors over its business overseas.

The buyback replaces the current $15 billion share repurchase program that Wal-Mart began in 2011. About $712 million is left under that program, according to the company.

The program comes as Wal-Mart encounters concerns over how it handled bribery allegations that surfaced last year at its Mexican unit. The company also is being pressured to increase its oversight of factories abroad after a building collapse in April in Bangladesh that killed more than 1,100 garment workers. Wal-Mart wasn’t using any of the factories in the building at the time of the collapse, but it is the second-largest retail buyer of clothing in Bangladesh.

Vindicator staff/wire reports