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Third Point's Dan Loeb has upped his stake in Sony. Is the stock now a buy? Richard Ross, Auerbach, says the stock makes a compelling buy, and Steve Cortes, Veracruz, thinks there are problems for Sony.
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SAN FRANCISCO, June 18- Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.
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General Electric gained 1 percent to $24.02 and was the second most actively traded stock on the New York Stock Exchange.
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*Sony ADRs higher as Third Point raises stake. Speculation over the meeting has shaken markets significantly after Fed Chairman Ben Bernanke said on May 22 the Fed could begin to scale down its stimulus if the U.S. economy gains momentum, comments that brought the equities rally to a halt.
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*Sony ADRs higher as Third Point raises stake. Speculation over the meeting has shaken markets significantly after Fed Chairman Ben Bernanke said on May 22 the Fed could begin to scale down its stimulus if the U.S. economy gains momentum, comments that halted the equities rally.
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*Sony rises after hedge fund ups stake, presses spin-off. Exporters were mixed, with Toshiba Corp rising 1.1 percent, while Panasonic Corp dropped 0.5 percent and Toyota Motor Corp rose 1.8 percent.
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*Third Point's stake in Sony rises to 7 pct from 6.3 pct. TOKYO, June 18- New York- based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman.
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*Sony rises after hedge fund ups stake, presses spin-off.
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*Sony rises after hedge fund ups stake, presses spin-off. TOKYO, June 18- Japan's Nikkei rose on Tuesday, heading for a third straight day of gains, which will mark its longest winning run since a sharp selloff on May 23, underpinned support the U.S. economy.
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TOKYO, June 18- New York- based hedge fund company Third Point said it had raised its stake in Japan's Sony Corp and asked for an opportunity to present its proposal to Sony's board for a partial spin-off of the company's entertainment unit.
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NEW YORK-- Shares of Advanced Micro Devices Inc. climbed Monday following a Barron's report that said the chipmaker's stock could rise substantially if its acquisition of SeaMicro is a success.
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*Nikkei, Topix both rise 2.7 pct as bargain hunters pick up battered names. TOKYO, June 17- Japan's Nikkei share average jumped 2.7 percent and recovered the 13,000- mark on Monday, as stocks such as exporters caught in the recent market rout bounced on bargain-buying.
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NEW YORK-- A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Walter Industries Inc. fell 13.6 percent to $12.69. Gannett Co. fell 8.7 percent to $24.29.
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Legendary is one of Hollywood's most prolific producers of big-budget films, among them director Christopher Nolan's "Batman Begins" and his two "Dark Knight" installments that have generated combined worldwide ticket sales of more than $2.4 billion, according to Box Office Mojo.
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Microsoft Corp, Sony Corp, Electronic Arts and other industry giants whipped up the crowd of gamers and developers at the event into a frenzy, with displays of high-powered new consoles and previews of popular genre games.
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Microsoft has overhauled Kinect, and it appears to be magnitudes more accurate than the previous model—creeping out users and raising potential privacy concerns.
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A one-on-one interview with Nintendo's global CEO Satoru Iwata on the lackluster performance of the Wii U and what the company plans to do to turn around sales and engagement.
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Is Wargaming, the maker of free-to-play strategy games, surpassing Activision, Electronic Arts, Take-Two Interactive Software and Ubisoft?
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Eric Bleeker, senior tech analyst at the Motley Fool, said that because consumer price sensitivity is key, Sony's cheaper PlayStation 4 has the edge.
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Stocks finished sharply lower in volatile trading Tuesday after briefly wiping out most of their losses, with all key S&P sectors closing in the red, as the Bank of Japan's latest monetary policy decision disappointed investors.
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The Electronics Entertainment Expo (E3) takes place this week in Los Angeles. CNBC's Jon Fortt sat down with Nintendo of America President & COO Reggie Fils-Aime to talk about the latest developments in the industry.
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