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Sony Corp

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  • Fed Pessimism Fuels Asia Losses; Nikkei Up Wednesday, 22 May 2013 | 8:40 PM ET

    Most Asian stock markets were in defensive mode on Thursday with investors turning cautious after comments from the U.S. Federal Reserve suggested the central bank could start withdrawing its bond buying sooner-than-expected.

  • Early Movers: TGT, LOW, MRK, SPLS & More Wednesday, 22 May 2013 | 8:06 AM ET

    Some of the names on the move ahead of the open.

  • *Sony board to assess proposal to spin off entertainment arm. Struggling electronics giant Sony Corp, though, with more foreign and fewer bank shareholders, may prove something of an exception.

  • Should You Stay Clear of Japan?  Wednesday, 22 May 2013 | 4:00 AM ET

    Ben Collett, head of Asian equities at Sunrise Brokers, discusses Sony and Third Point Loeb's "shareholder activism", and explains why foreign investors should reduce their Japanese holdings.

  • *Sony cuts 2014-15 camera sales fcast to 1.3 trln yen from 1.5 trln. Third Point's "proposal is one that affects a core part of Sony's business and the direction of our management, so the Sony board will give it thorough consideration before replying to Mr.

  • Nikkei Clings Onto Gains After BOJ Stands Pat Wednesday, 22 May 2013 | 3:11 AM ET

    Confidence returned to most Asian stock markets on Wednesday after investors were reassured that global central banks would not pare down their economic stimulus programs.

  • *Sony jumps on report of assessing spin-off proposal. TOKYO, May 22- The Nikkei average climbed 1.6 percent to a fresh 5-1/ 2- year high on Wednesday, spurred on by the Bank of Japan's optimism about the economic outlook, while Sony Corp surged on reports it may consider a proposal to spin off its entertainment assets.

  • TOKYO, May 22- Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen. Sony also cut its sales target for smartphones and tablets to 1.5 trillion yen in its 2014 fiscal year from an earlier outlook of 1.8 trillion yen.

  • Sony to Assess Loeb Spin-Off Plan; Cuts Targets Wednesday, 22 May 2013 | 2:12 AM ET
    Sony's Xperia Z

    Sony cut its sales targets for digital cameras, smartphones, and tablets, but said there were "encouraging" signs of a revival in its electronics business.

  • TOKYO, May 22- The Nikkei average climbed 1.6 percent to a fresh 5-1/ 2- year high on Wednesday, spurred on by the Bank of Japan's optimism about the economic outlook, while Sony Corp surged on reports it may consider a proposal to spin off its entertainment assets.

  • Sony, Poster Child for Japan's Reconstruction?  Tuesday, 21 May 2013 | 11:22 PM ET

    Ed Rogers, CEO & CIO of Rogers Investment Advisors talks Sony and Japanese economic reforms.

  • Nikkei climbs to 5-1/2-year high before BOJ, Sony soars Tuesday, 21 May 2013 | 10:48 PM ET

    *Nikkei rises 1.2 pct, Topix up 0.7 pct in active trade. *Sony jumps on report of assessing spin-off proposal.

  • *Sony jumps on report of assessing spin-off proposal. TOKYO, May 22- Japan's Nikkei average climbed to a 5-1/ 2- year high on Wednesday, ahead of the outcome of the Bank of Japan meeting, with Sony Corp surging on reports it is considering evaluating a proposal to spin off entertainment assets.

  • NYSE stocks posting largest volume increases Tuesday, 21 May 2013 | 8:51 PM ET

    NEW YORK-- A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Denali Fund: Approximately 17,700 shares changed hands, a 408.2 percent increase over its 65- day average volume. The shares rose$. 08 or 1.5 percent to $5.39.

  • Is Sony 'Un-Japanese' Enough to Change? Tuesday, 21 May 2013 | 7:26 PM ET

    Sony shareholders will be able to gauge CEO Kazuo Hirai's response to activist investor Dan Loeb's proposal to break up the company when he gives an update on his revival strategy at a press briefing on Wednesday.

  • Struggling electronics giant Sony Corp, though, with more foreign and fewer bank shareholders, may prove something of an exception. That's the hope, at least, of Californian billionaire Daniel Loeb, whose Third Point hedge fund has built up a more than 6 percent stake in Sony, making it the group's biggest stockholder.

  • Is Sony un-Japanese enough to entertain change? Tuesday, 21 May 2013 | 4:56 PM ET

    Struggling electronics giant Sony Corp, though, with more foreign and fewer bank shareholders, may prove something of an exception. That's the hope, at least, of Californian billionaire Daniel Loeb, whose Third Point hedge fund has built up a more than 6 percent stake in Sony, making it the group's biggest stockholder.

  • Stocks Climb on Dovish Fed Comments; Bernanke Up Next Tuesday, 21 May 2013 | 4:07 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks closed higher but off their best levels after two Fed officials dampened speculation the central bank was ready to consider "tapering" its bond-buying.

  • May 22- Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported. Sony's U.S. listed shares rose 9 percent on Tuesday on the New York Stock Exchange.

  • REDMOND, Wash., May 21- Microsoft Corp gave the world a first look at its new Xbox One on Tuesday, announcing that its first gaming console in eight years will come with exclusive video and software content, including a "Halo" series produced by Steven Spielberg.