Asian shares were mixed on Thursday as slowing property prices in China offset relief over the U.S. Federal Reserve's accomodative policy stance.» Read More
The young-adult adaptation "The Maze Runner" raced to the top of the box-office with $32.5 million.
The 20th Century Fox release easily outpaced the $13.1 million debut of Liam Neeson's hardboiled private eye thriller "A Walk Among the Tombstones" and the $11.9 million opening for the ensemble-cast dramedy "This Is Where I Leave You," according to studio estimates Sunday.
Microsoft has delayed the launch of its Xbox One game console in China. The company said it would be released by the end of the year.
BEIJING, Sept 21- Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world's biggest software company said it would be released by the end of the year.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Rite Aid Corp., down $1.23 to $5.41. Pier 1 Imports Inc., down $2.88 to $12.66.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. Pier 1 Imports Inc. fell 18.5 percent to $12.66. Rite Aid Corp. fell 18.5 percent to $5.41.
TOKYO, Sept 18- The head of Sony Corp's PlayStation division hopes to raise its profit outlook for this year, in stark contrast to the Japanese electronics firm's mobile business which has forecast deep losses and sent Sony's stock reeling.
TOKYO, Sept 18- Sony Corp's game division head said he hopes the unit can raise its profit outlook for a second time this financial year as sales of the latest PlayStation console and subscription services for games and other content far exceed expectations. Sony had sold more than 10 million PlayStation 4 game consoles as of Aug. 13.
NEW YORK— More encouraging economic news and friendly signals from the Federal Reserve cheered investors on Thursday, as the stock market climbed to another record high. The gains came a day after the Fed made clear that it's in no hurry to raise a key bank lending rate, easing a major concern for the stock market.
*Sony to forgo dividend- first time since 1958 listing. TOKYO, Sept 18- Sony Corp shares fell more than 10 percent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics maker announced deep losses in its smartphone business and scrapped its dividend for the first time since it listed in 1958..
*Sony tumbles to 1- month low on loss estimate. "For the Japanese market, a rise in U.S. interest rates is positive, and the weak yen is serving as a tailwind to major exporters," said Hiromichi Tamura, chief strategist at Nomura Securities, adding that the weak yen should be positive to Japanese manufacturers as far as 125 yen to the dollar.
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately 57,900 shares changed hands, a 1,479.7 percent increase over its 65- day average volume. The shares rose$. 60 or 11.3 percent to $5.90.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. Rackspace Hosting Inc. fell 17.7 percent to $32.39. Owens Illinois Inc. fell 8.8 percent to $28.58.
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.
NEW YORK, Sept 17- U.S. stock index futures were little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.
TOKYO, Sept 17- Sony Corp on Wednesday sharply deepened its net loss estimate and said it would not pay a dividend this fiscal year for the first time since it listed in 1958 after it was hit by a massive impairment charge for its struggling smartphone division.
Sony Corp warned of a much-deeper-than-expected loss after it was hit by an impairment charge for its struggling smartphone division.
TOKYO— Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.
The music business has shifted toward downloads and streaming globally. But in Japan, the compact disc is still king. The New York Times reports.
NEW YORK— The stock market got the reassurance it wanted from the Federal Reserve Wednesday. "The Fed is not going to take the punch bowl away," said Brad McMillan, chief investment officer for Commonwealth Financial. Major indexes drifted before the Fed released a statement at 2 p.m. Eastern time signaling little change in its interest rate policy.