TOKYO, Sept 17- Sony Corp cut its earnings outlook for the sixth time on Chief Executive Kazuo Hirai's watch on Tuesday as it announced a massive impairment change on its smartphone unit, which it has failed to grow despite a rapidly expanding market.» Read More
FRANKFURT, April 2- Deutsche Post, the world's biggest postal and logistics group, is betting on emerging markets and an e-commerce boom to boost profits through 2020, it said on Wednesday in unveiling its new medium-term financial targets.
TOKYO, April 2- Japan's Nikkei share average rose to a fresh three-week high on Wednesday as sentiment was helped by a weakening yen, while Renesas Electronics Corp jumped on news that it is in talks with Apple Inc and other potential buyers to buy its stake in a smartphone display chip unit.
*Apple interested, could pay 500 bln yen by summer- Nikkei. TOKYO, April 2- Renesas Electronics Corp is talking with Apple Inc and other potential buyers of a stake in a smartphone display chip unit, as the struggling Japanese chipmaker restructures its business around the automotive industry, said a person familiar with the matter.
*Apple interested, could pay 500 bln yen- Nikkei. TOKYO, April 2- Japanese chipmaker Renesas Electronics Corp said it was considering selling a unit that designs display control chips, and media reports said Apple Inc is in talks to buy it for about 50 billion yen. The unit, Renesas SP Drivers, designs chips for Apple's iPhone, according to industry sources.
*Renesas at 3- yr high, Apple reportedly in talks to buy unit stake. TOKYO, April 2- Japan's Nikkei share average bounced back to a three-week high on Wednesday, tracking gains on Wall Street, while Renesas Electronics Corp jumped on a report that Apple is in talks to buy its stake in a chip design unit.
April 2- Apple Inc is in talks to buy Japan- based Renesas Electronics Corp's stake in a unit that designs liquid crystal display chips for iPhones for about 50 billion yen, the Nikkei reported, without identifying a source. Apple expects to complete the stake purchase by summer, the business daily reported on Tuesday.
SHANGHAI, March 31- Chinese fund managers increased their suggested equity allocation for the next three months, after recommendations hit a 10- month low in February, although sentiment remains lukewarm as concerns about China's economy grow, according to a Reuters poll.
BlackBerry won a preliminary injunction to ban Ryan Seacrest's Typo Products from selling a $99 iPhone case.
March 28- BlackBerry Ltd won a preliminary injunction on Friday to ban Ryan Seacrest's Typo Products LLC from selling a $99 iPhone case after a judge agreed that television host's company had likely infringed on BlackBerry's patents. "BlackBerry is pleased that its motion for a preliminary injunction against Typo Products LLC was granted.
TORONTO, March 28- BlackBerry Ltd reported a smaller-than-expected loss on Friday as new chief executive John Chen slashed costs, but a 64 percent drop in revenue underscored the challenge Chen faces in turning around the struggling smartphone maker. "John Chen did what John Chen is known for.
TORONTO, March 28- BlackBerry Ltd reported a smaller-than-expected loss on Friday as new chief executive John Chen slashed costs, but a 64 percent drop in revenue underscored the challenge he faces in turning around the struggling smartphone maker. "John Chen did what John Chen is known for.
"The big question still remains what BlackBerry can do on the demand side," he said. Shares of BlackBerry, whose global smartphone market share was below 1 percent at the end of 2013, climbed around 5 percent in early New York Stock Exchange trade as investors were buoyed by better-than-expected results.
TORONTO, March 28- BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday, sending its shares up nearly 7 percent, even as its smartphone sales continued to slide.
TORONTO, March 28- BlackBerry Ltd reported a quarterly loss on Friday as smartphone sales continued to slide across all regions. The company said during the fourth quarter it recognized hardware revenue on about 1.3 million BlackBerry smartphones compared to about 1.9 million devices in the previous quarter.
TORONTO, March 28- BlackBerry Ltd reported a quarterly loss on Friday as smartphone sales continued to slide across all regions. The Waterloo, Ontario- based company reported a net loss of $423 million, or 80 cents a share, for the fourth quarter ended March 1. Revenue fell to $976 million from $2.68 billion.
March 27- Video game retailer GameStop Corp, forecast full-year earnings below market expectations as it is yet to see an uptick in sagging video game software sales, despite robust hardware sales driven by the launches of Microsoft's Xbox One and Sony's PlayStation 4 consoles.
TOKYO, March 27- Panasonic Corp laid out plans for a rebound to record revenue within five years, while boosting planned spending on a restructuring that is recasting the one-time leading consumer electronics maker as a supplier to other businesses.
TORONTO, March 26- BlackBerry Ltd has received a coveted security clearance that paves the way for U.S. government agencies to use its systems to manage and secure Android- and iOS-powered devices operating on their internal networks, the smartphone maker said on Wednesday.
Sony is counting on the boom in smartphones and the market's voracious appetite for megapixels to drive growth in its image sensor business.
*Strategy informed by early career at Daimler, Permira. *Booming e-commerce shaking up retail. FRANKFURT, March 25- Technology entrepreneur, merger manager and turnaround expert, Olaf Koch believes he has enough experience of big challenges to steer Europe's fourth-biggest retailer Metro through its next one: e-commerce.