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*Sony surges as U.S. fund calls on company to spin off unit. TOKYO, May 15- Japan's Nikkei average rose 2.3 percent on Wednesday, breaking above 15,000 for the first time since January 2008, with Sony Corp surging after an activist U.S. fund called on the company to spin off and list its lucrative entertainment unit.
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TOKYO, May 14- Billionaire hedge fund investor Daniel Loeb on Tuesday called on Sony Corp to spin off its lucrative entertainment arm, setting the stage for a clash between his activist Wall Street fund and management at the Japanese electronics maker.
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*Sony surges as U.S. fund calls on company to spin off unit. TOKYO, May 15- Japan's Nikkei share index rose 2.3 percent on Wednesday, breaking above 15,000 for the first time since January 2008, with Sony Corp surging after an activist U.S. fund called on the company to spin off and list its lucrative entertainment unit.
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*Sony surges as U.S. fund calls on to spin off unit Exporters lead the gains on further weakening of yen. TOKYO, May 15- Japan's Nikkei share index rose 2.2 percent to break above 15,000 on Wednesday, with Sony Corp surging after a proposal from a U.S. activist fund to list its entertainment unit sent its U.S.-listed shares soaring 10 percent.
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TOKYO, May 15- Japan's Nikkei share average is expected break above 15,000 and hit fresh 5-1/ 2 year highs on Wednesday, with Sony Corp likely to surge after a proposal from an activist fund to list its entertainment unit sent its U.S.-listed shares soaring 10 percent.
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*India is largest beneficiary in U.S. trade benefit program. WASHINGTON, May 14- A U.S. think tank on Tuesday recommended Congress suspend trade benefits for India, in the latest sign of U.S. frustration over Indian policies that block American exports and "free ride" on costly U.S. research to develop new medicines and other forms of valuable intellectual property.
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ORLANDO, Fla., May 14- BlackBerry announced plans on Tuesday to offer its popular instant messaging system on rival devices and introduced a new mid-tier smartphone targeted at countries where its faded brand remains strong.
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BlackBerry, renamed from Research In Motion, had been the market leader but over the past few years has bled market share to Apple Inc's iPhone and Samsung Electronics Co's popular line of Galaxy devices powered by Google's Android operating system.
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ORLANDO, Fla., May 14- BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard on Tuesday, the feature that still sets it apart from most rivals, and said its make-or-break new devices had put the company back on "solid ground."
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LONDON/ HELSINKI, May 14- Nokia unveiled a lighter, metal model in its Lumia smartphone range, as it tries to catch the eye of buyers to close the huge market lead of rivals Samsung and Apple Inc in the lucrative handset market.
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*Sharp to boost supply business to Samsung as Apple growth slows. TOKYO, May 14- Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's rival Samsung Electronics Co under a three-year rehabilitation roadmap after posting a worse-than-expected $5.4 billion net loss in the last financial year.
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TOKYO, May 14- A New York- based hedge fund with a reputation as an activist investor has proposed that Sony Corp spin off its entertainment division via an IPO, saying the move could boost the Japanese electronics firm's shares by as much as 60 percent.
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*Will aim to boost supply to Samsung as Apple's growth slows- sources. TOKYO, May 14- Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's rival Samsung Electronics Co under a three-year rehabilitation roadmap after posting a worse-than-expected $5.4 billion net loss in its latest financial year.
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TOKYO, May 14- New York- based hedge fund Third Point said it has proposed to Sony Corp's Chief Executive Kazuo Hirai that the Japanese electronics maker conduct an initial public offering for its entertainment division.
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*Will aim to boost supply to Samsung as Apple's growth slows- sources. TOKYO, May 14- Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's chief rival Samsung Electronics Co under a three-year rehabilitation roadmap to secure its survival.
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TOKYO, May 13- Japan's Nikkei share average surged to a fresh 5-1/ 2- year high on Monday as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income.
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TOKYO, May 11- Sharp Corp, Japan's leading maker of liquid crystal displays, will rely on expanding supplies of small panels to Samsung Electronics Co while still shipping screens to rival Apple Inc, in a bid to raise factory output levels and remain viable, three sources said.
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HELSINKI, May 10- Nokia will sell a new high-end smartphone through U.S. carrier Verizon Wireless, it said on Friday, aiming to expand its share in the high-margin premium market after years of falling behind Samsung and Apple Inc.. The 928 is the latest in Nokia's Lumia range of smartphones which use Microsoft's Windows Phone 8 software.
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TOKYO, May 10- Panasonic Corp forecast its operating profit will rise 55 percent in the year to March 31 as it steps back from struggling operations in TVs and other consumer gadgets in favour of selling machinery, components and electronic equipment to other businesses.
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TOKYO, May 10- Panasonic Corp forecast its operating profit will rise 55 percent in the year to March 31 as it steps back from struggling operations in TVs and other consumer gadgets in favour of selling machinery, components and electronic equipment to other businesses.