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
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Pier 1 Imports Inc. fell 18.3 percent to $12.69. Rite Aid Corp. fell 17.6 percent to $5.47.
TOKYO, Sept 18- The head of Sony Corp's PlayStation division hopes to raise its profit outlook for this year, in stark contrast to the Japanese electronics firm's mobile business which has forecast deep losses and sent Sony's stock reeling.
TOKYO, Sept 18- Sony Corp's game division head said he hopes the unit can raise its profit outlook for a second time this financial year as sales of the latest PlayStation console and subscription services for games and other content far exceed expectations. Sony had sold more than 10 million PlayStation 4 game consoles as of Aug. 13.
NEW YORK— The U.S. stock market climbed to new record highs Thursday as investors received more encouraging news on the economy. JOBS: Fewer Americans filed first-time claims for unemployment benefits last week, according to the Labor Department. ' "said Dan Veru, chief investment officer at Palisade Capital Partners in New York.
*Sony to forgo dividend- first time since 1958 listing. TOKYO, Sept 18- Sony Corp shares fell more than 10 percent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics maker announced deep losses in its smartphone business and scrapped its dividend for the first time since it listed in 1958..
*Sony tumbles to 1- month low on loss estimate. "For the Japanese market, a rise in U.S. interest rates is positive, and the weak yen is serving as a tailwind to major exporters," said Hiromichi Tamura, chief strategist at Nomura Securities, adding that the weak yen should be positive to Japanese manufacturers as far as 125 yen to the dollar.
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately 57,900 shares changed hands, a 1,479.7 percent increase over its 65- day average volume. The shares rose$. 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.
Asian equity markets ended mostly lower on Tuesday as investors awaited the start of a U.S. Federal Reserve meeting later in the day.
NEW YORK— Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company. In addition, the founders of Mojang, the Swedish company behind "Minecraft," aren't staying with Microsoft.
"No Good Deed" collected $24.5 million in domestic ticket sales from Friday through Sunday, according to estimates from tracking firm Rentrak. "Guardians" became the first film of 2014 to bring in more than $300 million at North American theaters, distributor Walt Disney Co said.
The Sony thriller "No Good Deed," which stars Elba as an escaped convict and Taraji P. Henson as the innocent he terrorizes, opened on top of the box office with $24.5 million, according to studio estimates Sunday. "It's a movie that we really loved and felt that it was going to win," said Sony distribution chief Rory Bruer.
With a Fed meeting and the Alibaba IPO due next week, Cramer said investors are looking at a rough ride.